I read about it this morning. Dubai is becoming a hub for Bitcoin adoption, which is great since it's a popular tourist destination. However, I have one concern. Due to Bitcoin's volatility, many people might hesitate to receive their salaries in Bitcoin, as they want to preserve the value of their money in the long term. This is especially true for those who are new to cryptocurrency. If receiving salaries in Bitcoin is optional, not mandatory, it will be a step in the right direction.
Just like many companies or stores already accept bitcoin payments, but what we need to care more about is how many people are willing to use bitcoin as a payment method. Because most people are interested in bitcoin for its profits, there are very few people who are interested in its actual use cases and even they think that using bitcoin for payment is a waste. Or even we are strong proponents of bitcoin, but how many of us are willing to use bitcoin as a means of payment on a daily basis?
I guess receiving a bitcoin salary would be an option, if that were the only method there would be strong opposition. Bitcoin's volatility is great for our investments, but it's not so good if we use it as a currency or a store of value.