Re:Ask HN: How do you pay your remote team?
by apazzolini on Monday April 15, 2019 @03:01PM
(#19667921)
How is converting it to fiat a different subject when most people need to be paid in something that can then be used for rent/food/literally everything else?
This entire thread is insane.
The second a job tries to pay me in crypto is the second I'm looking for another job.
Re:Ask HN: How do you pay your remote team?
by phonebanshee on Monday April 15, 2019 @05:47PM
(#19669228)
Depends on the amount of money involved, doesn't it? I don't care how you pay me, as long as the amounts involved make it worth my time.
Re:Ask HN: How do you pay your remote team?
by Franciscouzo on Tuesday April 16, 2019 @11:06AM
(#19674256)
It's not that much different than receiving foreign money, I get paid in dollars, but I use the local money in everyday life.
The way you receive your salary at the end of the day (bank transfer or crypto) is completely decoupled from this. In the same way you don't need to tell the taxman what bank did you use to receive your wage, you don't need to tell what cryptocurrency you used (if you don't convert instantly to fiat when receiving it, that will mean you will have more taxable events later, but this is another subject).