Post
Topic
Board Bitcoin Discussion
Re: Dubai approves bitcoin for salary payment
by
PX-Z
on 30/08/2024, 16:20:33 UTC
...Although many got amaze in this news but I don't think workers should receive a volatile currency since majority of them cannot afford to lose a value if the price of bitcoin collapsed.
Well, the thought is it doesn't differ people who participate signature campaigns. The difference is you could only hold it as investment once received or exchange to fiat on Dubai, and who would think bitcoin price will collapse, its possible but it will not happen overnight unlike any other altcoins.

...Maybe if they implement this one to be used to buy physical goods then it will be more better adaption in their country.
Well, they recently banned crypto payments on UAE so it's not possible unless  they amend that ruling.