Post
Topic
Board Bitcoin Discussion
Re: I recently convinced my employer to start paying me in BTC, it has been great
by
justdimin
on 10/10/2023, 05:38:10 UTC
I live in an underdeveloped country, but I work remotely for a fairly good web development agency. We don't have a lot of financial services/wallets here, so we had to go circumvent a lot of obstacles for me the money to get to my local bank account.
Does he pay you with black money? I find it hard to believe that a bank would have problems with you receiving income from a job, as long as it is legal and declared.

On the other hand, if at the end of the day you have to convert part of the P2P bitcoin to be able to pay in fiat, I don't see much difference to cashing in fiat, spending what you have to spend and buying P2P bitcoin with the rest, apart from the problem with your bank.
Yeah, there must always be a legal bank in each country no matter how strict they are with other foreign payment methods and banks now has an online version which allows people to receive their money anywhere in the world. This should work and is enough. No need to use a black money as it sounds illegal. Cashin in fiat is much easier than converting BTC to fiat. But, he should do what you are talkin about there if he started receiving BTC as a payment for his work. Each of us has our own preferences.

It may look complicated to us but maybe not totally for him and BTC still have some advantages than other payment methods out there. This should be the reason why he liked it better.