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by derriz 1477 days ago
Could you provide a bit of detail? Like giving some examples of companies that pay their employees in bitcoin?

I'm somewhat sceptical as I know someone who works for a company in a role organising payment to employees in poorer and third-world countries. They've told me lots of interesting stories about navigating the bureaucracy, nepotism and avoiding extortion/corruption to ensure people were paid but never that bitcoin was involved.

1 comments

then your friend knows all to well how difficult it is to get fiat to these people. Not every company has the resources to navigate corruption and red tape in other countries when they can simply pay them in bitcoin and be ensured the worker won't be subjected to extortion/corruption stealing their paycheck.

Sorry I can't provide more details, I don't really know if everything happening is totally legal? I assume it is for the US company, but I'm sure you can find more details if you look hard enough.

That’s not particularly convincing. If I can find the information by searching as you recommend, then the information is already out there so you wouldn’t be revealing secrets by providing the detail or a link to the relevant search results?
it doesn't seem easy to find details and I'm not particularly interested to keep digging, if you legitimately can't fathom that places exist where moving fiat across borders is practically impossible then I don't know what to tell you
I don’t get you? I’m not asking you to provide evidence that “places exist where moving fiat across borders is practically impossible“.

I’m interested in the many poor people you know who have been lifted into middle class through being paid in BTC by American employers. It’s a fairly bold claim from what I know of the way multinational companies operate globally so I’m genuinely curious about it.

sorry I misunderstood you. Possibly because I can't really comprehend what you're asking still. I won't give you these peoples names and location, if that's what you're asking for - I simply know that I'm aware of a group of contracted developers that I have spent a good deal of time talking to, that were paid in bitcoin because they claimed it was infeasible to get paid in USD due to their local regulations.

I'm not sure where the bold claim is - there are plenty of articles detailing companies who openly pay contractors in bitcoin, so I must still misunderstand you?