Post
Topic
Board Economics
Re: If you can get paid through cryptocurrency, do you still choose fiat currency?
by
milewilda
on 06/08/2021, 18:56:07 UTC
Many companies are also considering allowing their employees to choose to receive partial or full compensation in the form of cryptocurrency. If you can get paid through cryptocurrency, which one would you choose? If the boss pays in Bitcoin, would you want it? Or you continue to prefer to pay in fiat currency to facilitate the purchase of tokens you like.
Do you think cryptocurrency payment will be a new trend in the future?
Honestly i would still like to receive fiat because you wouldnt really worry about getting less or getting more as price volatility is always on the play on the time you would accept it and since you would really be converting it back to fiat specially if you do need to pay up the bills and expenses which means conversion would still involved some transaction fee which means it would be a deduction unlike when you are just receiving fiat then there would be no strings attached and would able to pay up on fix manner. The good thing on receiving fiat is that you do have always the option to partition your money neither it would be saved up for emergency funds and
you would able to allocate some funds or budget when you do intend to invest in bitcoin or simply generally in crypto.