Recently, I convinced them to start paying me in BTC. I save what I have to save, and convert the rest to fiat via P2P trading. Its so quicker and I get great deals, no more bullshit. I think this has been a great benefit of crypto for underdeveloped nations.
If you are indeed getting "great deals" then this whole thing makes sense but usually in all cases of P2P trading specially when people trade bitcoin to their local fiat currency, they get terrible deals with a huge spread. Meaning the price they sell their bitcoins is far lower than the current price on CEX and a lot lower from what they have to buy bitcoin at in P2P orders.
Yeah, I don't think its legal. But I am not worried about it at all, people use it all the time, there are ads and as far as I know nobody has ever gotten in trouble for just transacting it in BTC here, exchanges and crypto sites operate here without any hassle.
You shouldn't make assumptions about these things specially if you are getting serious about receiving bitcoin as your official salary. I don't know which country we are discussing here but there may actually be some regulations in place, considering how almost all countries have some regulations regarding bitcoin already. So try to consult a legal expert in this matter to avoid future problems.
Yeah so when I sell any amount of btc, I usually get 1-2% more than the value of that btc in that fiat currency. This is a massive improvement over actually losing hefty money. Do you have any tips where I should look at for P2P? Currently I use Binance, I know we are not fans of centralized exchanges here and justifiably so. But I have been using it specifically for P2P and to be fair it hasn't been bad. Decent search process, escrow and chat are available.
I appreciate your concern, but I really believe I am absolutely safe. Just to add some context, I have been getting BTC ever since I started freelancing, its recently that I convinced my employer for my main job to do so too.