Post
Topic
Board Bitcoin Discussion
Re: Crypto as job salary - Yay or Nay?
by
Casdinyard
on 20/05/2024, 15:21:43 UTC
Let's say you have a job that gives you the option to have your salary paid in BTC, ETC, or any other cryptocurrency, would you prefer that or would you rather still be paid in fiat? If you'd prefer crypto payment, which currency would you choose and why?

This would be your hard-earned money that can either grow on its own or shrink in value within a small time.
As a crypto writer and a project manager for some cryptocurrency projects both big and small, getting paid in crypto is just an after-thought to me.

I don't mind getting paid in fiat, I don't mind being paid in stablecoins, I wouldn't mind being paid in crypto since I'm used to it as well, and I know workarounds that I can do if I need cash at the moment, if that's what you're highly concerned about.

The biggest benefit that getting paid in crypto could do to you is the fact that it automatically claims your stake in terms of investment, meaning as long as you don't pull everything out of your wallet, you're set to go already and you don't need to waste money on fees anymore. Of course it doubles the process on the other side of the spectrum, which is when you need fiat money for daily expenses, but I'll take that any day than dreading to invest in crypto cause I don't have that much left on my pay.

I believe the reservations that a couple of us have over this concept lies on the fact that they haven't tried it yet, but for the most part, it's just like getting paid via venmo or better yet, through your checking account, So the process isn't really hard per se unless you're computer illiterate.