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by coinbase-craig 4571 days ago
I get my salary paid in bitcoin and I think it's pretty awesome.
2 comments

From your other comments you seem to be paid in USD but your employer buys bitcoin for you each month and gives you that. You could buy the bitcoin yourself each salary day and nothing would change.
Yep, basically. But what's your point? I don't want to do the extra work. I consider not having to a perk.
How flexible is that arrangement? If Bitcoin undergoes a sudden downturn, can you ask for dollars next month?
I get paid a USD equivalent. So if bitcoin went down next month, I'd just get a greater amount of bitcoin. I could change to being paid in USD instead, but I choose to be paid in bitcoin.
If your salary is priced in USD, you're really just being paid in USD, not Bitcoin. When you're ready to accept a fixed amount of Bitcoin every pay period, then you're paid in Bitcoin.
At the end of the day I end up with bitcoin in my account, not dollars. So what you're saying does not seem correct to me. The conversion is just a way of determining how much bitcoin I should be paid.
Your dollars are being delivered to you via Bitcoin, but your salary is designated in dollars, thus you are paid in dollars.
But dollars are not being delivered to me, that's the point. Bitcoin isn't acting as a middleman here-it's the end.

If I were your employer and decided to price your bi-weekly paycheck in terms of segways (each paycheck would be the dollar equivalent of one segway), does that mean you'd be "paid in segways"? No, you're paid in dollars.

You can't really claim someone is paid in dollars unless (1) they receive actual dollars, or (2) the thing they receive instead is guaranteed to be exchangeable for that dollar amount at any point into the future. Neither of these is true of a salary that is delivered in bitcoin, regardless of how it's priced.