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Get Paycheck In Bitcoin

Europeans Can Now Receive Their Paycheck In Bitcoin

Europeans Can Now Receive Their Paycheck In Bitcoin

Europeans Can Now Receive Their Paycheck in Bitcoin Europe-based bitcoin services provider Cashila has recently released a Bitwage-like Euro-to-Bitcoin payroll system, allowing European employees to request their wages to be paid in bitcoin Europe-based bitcoin services provider Cashila has recently released a Bitwage-like Euro-to-Bitcoin payroll system, allowing European employees to request their wages to be paid in bitcoin through a simple bank or SEPA payment. The payment process of the sender or the employer will stay the exactly the same. On the Cashila platform , the receiver will create a payroll request with the inclusion of necessary bank details, including specific reference number, IBAN Bank account number, payment amount, etc. Once completed, employees and freelancers can export the invoice as a PDF or send it via email to their employers and wait for the payment to be processed by the bank and Cashila. The users of the platform may also receive bitcoin through a European bank account, by transferring bitcoins to the platforms Euro Wallet, then immediately converting to Euros. Through this service called Reserve Cashila Feature, the Cashilla team aims to help spur mainstream bitcoin growth in Europe, and protect freelancers and employees from bitcoin price volatility. This is a faster and cheaper version of banking as we know it. Your version. Upon its launch, the service received criticism from the bitcoin community due to its inefficient payment setup. For example, one anonymous Cashila user explained that it is time-consuming and inefficient to generate a reference message for each transaction. Give me my own personal IBAN (my own not a catch-all one) with automatic conversion to bitcoin and automatic sending of the bitcoins to a wallet of my choice. Th Continue reading >>

How Does Getting Direct Deposit Of Your Paychecks Directly Into Bitcoin Work, Does Your Employer Need To Have Bitcoin To Pay You With First Or Is There Any Service That Could Handle It Without The Employer Needing To Actually Pay You In Bitcoin And Have Bitcoin First? : Bitcoin

How Does Getting Direct Deposit Of Your Paychecks Directly Into Bitcoin Work, Does Your Employer Need To Have Bitcoin To Pay You With First Or Is There Any Service That Could Handle It Without The Employer Needing To Actually Pay You In Bitcoin And Have Bitcoin First? : Bitcoin

Do not use URL shortening services: always submit the real link. Begging/asking for bitcoins is absolutely not allowed, no matter how badly you need the bitcoins. Only requests for donations to large, recognized charities are allowed, and only if there is good reason to believe that the person accepting bitcoins on behalf of the charity is trustworthy. News articles that do not contain the word "Bitcoin" are usually off-topic. This subreddit is not about general financial news. Submissions that are mostly about some other cryptocurrency belong elsewhere. For example, /r/CryptoCurrency is a good place to discuss all cryptocurrencies. Promotion of client software which attempts to alter the Bitcoin protocol without overwhelming consensus is not permitted. Trades should usually not be advertised here. For example, submissions like "Buying 100 BTC" or "Selling my computer for bitcoins" do not belong here. /r/Bitcoin is primarily for news and discussion. Please avoid repetition /r/bitcoin is a subreddit devoted to new information and discussion about Bitcoin and its ecosystem. New merchants are welcome to announce their services for Bitcoin, but after those have been announced they are no longer news and should not be re-posted. Aside from new merchant announcements, those interested in advertising to our audience should consider Reddit's self-serve advertising system . Do not post your Bitcoin address unless someone explicitly asks you to. Be aware that Twitter, etc. is full of impersonation. Continue reading >>

Bitwage - The Evolution Of Payroll

Bitwage - The Evolution Of Payroll

Danish Javed , 07 Jan 2015 - Payroll , Adoption , Partnership During 2014, Bitcoin saw an enormous surge in merchant adoption. Payment processors like BitPay made it easier for merchants to accept Bitcoin without ever dealing with the intricacies of it. Although a crucial step towards mainstream adoption, more places to spend Bitcoin had little to no advantage for the new user. Despite endless endeavors and collaborative efforts of Bitcoin entrepreneurs, acquiring Bitcoins still remains a very complex process for an everyday consumer. The current bitcoin payroll solutions landscape is opening up a new realm of possibilities for the future of Bitcoin ecosystem. One of the key players in the bitcoin payroll space, BitWage has launched Bitcoin Payroll for the Individual, or BP(i), which allows anyone to receive their wage in Bitcoin without going through the tedious mess of buying Bitcoins from an exchange. An inverse process of BitPay, they are targeting a broad market varying from people who want to either experiment with Bitcoin or those who want to cut off their ties with the existing financial system. Precious Metals company Amagi Metals issued a public release stating a partnership with Bitwage to offer their entire staff a part of their wages in Bitcoin. This move makes Amagi Metals to be one of the first companies to integrate bitcoin payroll systems in their operations. CEO of Amagi Metals Stephen Macaskill says: I'm really excited about taking Amagi to the next level in bitcoin adoption, Macaskill said. When we first started accepting Bitcoin more than two years ago, I saw it as a large experiment in monetary innovation. Now I see Bitcoin as the future, so I'm going to put my money where my mouth is, and I'm thrilled to have a team that thinks the same way. The Continue reading >>

Want To Receive Part Of Your Paycheck In Bitcoin? Heres How

Want To Receive Part Of Your Paycheck In Bitcoin? Heres How

Want to Receive Part of Your Paycheck in Bitcoin? Heres How Ive covered Bitcoin payment processor BitPay on many occasions over the past year or so. The pioneering company provides an invaluable service to merchants that want to allow their customers to pay for goods and services in Bitcoin without taking on any currency risk. Well, they have now branched out into what seems to be a perfectly complimentary business, allowing employers that dont deal with Bitcoin directly to pay their employees in Bitcoin should they so desire. This will be achieved via the Bitcoin Payroll API, which is currently in beta release open to employers in the states of Georgia (where BitPay is based) and South Carolina. All 20 of BitPays employees receive some of their compensation in Bitcoin, and the project got kickstarted after many of BitPays own employees asked for something similar. CEO of BitPay Tony Gallippi receives 100% of his pay in Bitcoin. However, this is not the only milestone for the company. A few days ago I pointed out that the company was signing up a staggering 1,000 merchants a week , and now it has been announced they have surpassed the 20,000 merchant threshold. Its interesting to think that a currency originally involved primarily in online gaming, which can be accessed at such venues as BitBet.com , has now spread so quickly into the mainstream with retailers such as Overstock accepting it. This development is truly incredible, and allowing people to receive a small part of their salary in Bitcoin will only further its development as an genuine real world currency people and businesses want to both use and hold on to. Whats the easiest way to get bitcoins into your wallet? Answer: Get paid in bitcoin.BitPay, the worlds largest digital currency payment processor, now l Continue reading >>

Bitcoin Payroll Service- Get Paid In Bitcoin

Bitcoin Payroll Service- Get Paid In Bitcoin

Bitcoin Payroll Service- Get Paid in Bitcoin With Bitpay Payroll Services, you now can ask your employer to pay you in Bitcoin! ATLANTA( BUSINESS WIRE )BitPay, the worlds largest payment processor for virtual currencies, announces a beta release of their bitcoin payroll API for employers, which allows their W-2 employees to receive a portion of their net pay in bitcoin. Since all payroll and withholding taxes are taken out first from the employees gross income, bitcoins can be sent from the net pay tax-free, and the employers gross income reporting to the IRS remains unchanged. The Bitcoin Payroll API is designed for employers and payroll service providers. For employers using the service, their individual employees can opt-in to receive a net payroll deduction paid in bitcoin, on a recurring basis each pay period. For the longest time the hard question was How do I buy bitcoin? says Tony Gallippi, co-founder and CEO of BitPay. Now the answer is easy: Ask your employer. BitPay developed the bitcoin payroll API for its own use at the request of its employees, and has been using it with their payroll provider for over six months. BitPay is pleased to announce that they have 100% participation from their employees, meaning every BitPay employee receives some of their net pay in bitcoin. Four BitPay employees, including Gallippi, receive 100% of their net pay in bitcoin. This also clarifies the tax question around bitcoin, adds Bryan Krohn, BitPays CFO. Since all payroll and withholding taxes are taken out first from the employees gross income, bitcoins can be sent from the net pay tax-free, and the employers gross income reporting to the IRS remains unchanged. BitPay also announces that it has surpassed 20,000 approved merchants using its service to accept bitcoin, and is Continue reading >>

Yours

Yours

3. Ask your HR Department for your company's Direct Deposit Form. In this method, I assume you have a Direct Deposit Form from your employer. The form should allow you to split your distribution among several bank accounts. EDIT: If they do not, however, you can get your entire paycheck converted and use Uphold to move the fiat currency remainder to your bank account. Let's say you want to receive 10% of your paycheck in cryptocurrency. Upon signing up at Bitwage.com , they will present you with their banking routing number and account number. When filling out your Direct Deposit Form, you will enter these details on the FIRST line with 10% (or whatever), and the SECOND line will be your bank account and signify you wish to send all of the "leftover" funds to that institution. You can always change these numbers or stop deposits by sending a new DD Form to your HR Department. They do NOT need to know what or why you are sending money to a second account. Bitwage will convert these funds to the crypto of your choosing. Submit your Direct Deposit Form to HR, it may take two pay periods for the changes to take place. 4. Link your "Distributions" to Uphold (After Successful Verifications) Login to Bitwage.com and click "Distributions". If you are new, it will say "Add New" here, but if you need to adjust your account already, you will click the same area: Continue reading >>

Get Paid In Bitcoin

Get Paid In Bitcoin

The fastest, easiest and best value bitcoin service in Australia. Bitcoin Association of Australia members receive a 10% discount. Register onsite and provide your work details. Give your new pay information to your employer. Receive your selected amount of your next pay in bitcoin. We source bitcoins from a number of sources both locally and internationally to ensure we get the best price. We pass these benefits on to you through the best rates, week in, week out. You can split your bitcoin payment to multiple address. Send some to a cold wallet for saving. A phone wallet for spending. Bitcoin offers a near instantaneous payment. As soon as our system receives notification of your pay, your bitcoins will be dispatched. Adam Poulton has been involved with several bitcoin projects dating back to 2012. Recent work has been with the Bitcoin Association of Australia in promotion of bitcoin and its benefits to the wider Australian population and involvement with the Federal Government and its agencies in getting bitcoin treated in a fair and equitable manner throughout the relevant regulatory framework. Lucas Cullen is a software engineer with extensive experience in the banking industry and regularly contracts to government agencies. He has been developing and building bitcoin related services for the past three years both for private businesses and for open source communities. Lucas has used this previous experience to design the background architecture to allow Get Paid In Bitcoin to intermediate between the established payroll system that businesses use and the bitcoin exchange and bitcoin delivery system. Lucas is a sitting board member of the Bitcoin Association of Australia. Shane Stevenson is an experienced software engineer with extensive experience designing and b Continue reading >>

Bitwage Officially Launches Uk Bitcoin Payroll Services

Bitwage Officially Launches Uk Bitcoin Payroll Services

Bitwage Officially Launches UK Bitcoin Payroll Services After expanding services in Europe earlier this year, bitcoin payroll and wage payment service provider Bitwage announced its official launch in the UK on Monday. offers solutions for remote workers to receive wages in a variety of currencies including bitcoin.Using the service, workers can get paid in bitcoin without having to ask each employer to pay in the cryptocurrency or sign up with Bitwage. They simply give the employers Bitwages bank account detailsto receive payments in. Bitwage claims to have over 13,000 registered workers and have processed over $21.6 million in international wages. Users can invoice employers or clients in the United States (US), United Kingdom (UK), and the European Union (EU). Wages received can be split into any ratio between different bank accounts and bitcoin wallets. On Monday, the company announced the official launch of their services in the UK, stating: We are now able to offer workers anywhere in the world the ability to receive wages from companies in the UK through local banking partners. This means that our workers can receive wages through Faster Payments, Bacs, Chaps or Swift into local UK GBP bank accounts. Bacs, Faster Payments, and Chaps Now Supported Bitwage founder and president Jonathan Chester told Bitcoin.com that the company has been beta testing this service. He explained that although the ability to receive wages in British pounds (GBP) existedpreviously, it was not done locally and was never publicly launched. Without local UK partners, the service was not cost-effective. Chester detailed: Before this, we had a banking partner with GBP correspondent accounts in Ireland that could receive Chaps, but not Faster Payments or Bacs. This was a costly solution for Continue reading >>

Corporate Bitcoin Salaries Are Now A Thing (sort Of)

Corporate Bitcoin Salaries Are Now A Thing (sort Of)

Corporate Bitcoin Salaries Are Now a Thing (Sort Of) Does the arrival of Bitcoin paychecks mean Bitcoin has arrived? Eric Mack writes about what's coming next in science, technology, and other areas of innovation. He's reported from around the world for NPR, CBS News, Wired, AOL, and many others since the turn of the century. He's also a speaker, a radio producer, a podcaster, an author, a husband, a father, and a charter school co-founder. He feels physically weak when he's away from the Rocky Mountains. What if your paycheck for this December could be worth more than ten times its face amount next December? That's the scenario that many employees of Japan's GMO Internet Group who opt to be paid in Bitcoin will no doubt be hoping for when taking payment in the cryptocurrency becomes an option starting in March of 2018. You may have seen some headlines flying around this week about the new company paying salaries in crypto bucks, but it's not necessarily a sign that the Bit-revolution is swamping everything just yet. Getting paid in Bitcoin isn't unheard of for employees in the Blockchain and crypto world, but GMO is a large, publicly traded company with thousands of employees. Some industry watchers see it as yet another sign Bitcoin is making baby steps into the mainstream. The problem, of course, is that Bitcoin's stratospheric rise in value from less than $1,000 in 2016 to over $17,000 today is certainly not guaranteed to continue and could be a bubble ready to pop at any moment. Typically, you want employees with a stable and positive cashflow situation, so paying them in one of the most volatile currencies around can be problematic to say the least. This is why it would be technically illegal if GMO employees were given no choice but to be paid via Bitcoin. The c Continue reading >>

Bitwage - Wikipedia

Bitwage - Wikipedia

This article contains content that is written like an advertisement . Please help improve it by removing promotional content and inappropriate external links , and by adding encyclopedic content written from a neutral point of view . This article uses citations that link to broken or outdated sources . Please improve the article or discuss this issue on the talk page . Help on using footnotes is available. This article may contain improper references to self-published sources . Please help improve it by removing references to unreliable sources , where they are used inappropriately. John Lindsay (CEO), Jonathan Chester (President), Paolo Huelgas (BSA/AML Compliance Officer) Bitwage is a bitcoin payroll and international wage payment service allowing users to be paid or pay wages (wages in bitcoin , local currencies, and/or commodities). [1] Founded in 2013 by John Lindsay and Jonathan Chester, Bitwage was originally created as a pure bitcoin payroll services for employers in July 2014. [2] In November of 2014, Bitwage released a way for employees and freelancers to receive their wages in Bitcoin without requiring their employers or clients to sign up. [3] Eventually, John and Jonathan realized that a large percentage of their volume were coming from a small percentage of their users. These were all international users. So in February 2015, Bitwage launched their international payroll services. [4] [5] [6] Bitwage currently helps companies payout to their distributed workforces [7] and helps employees, freelancers and contractors receive their wages all over the world, including Philippines , Mexico , Brazil and Argentina . [8] Bitwage was part of the Plug and Play Financial Technology Accelerator [9] and the Orange Fab Accelerator, an accelerator run by Orange Silicon Continue reading >>

Bitcoin Payouts | Bitpay

Bitcoin Payouts | Bitpay

Make fast, efficient mass payouts with bitcoin. Put an end to the hefty domestic and international transfer fees and wait times of traditional money transmission methods. Batch the Payouts, Eliminate the Paperwork Cut out inefficient one-by-one payments BitPay issues the payouts for you. All you need to do is make one batch deposit. Geographic distance shouldnt be an issue in a connected world. Pay anyone, anywhere with the worlds first borderless payment network. Dont trust the sensitive financial information of your payees to middlemen. Bitcoin payments are designed with security and privacy in mind. Pay your marketplace sellers using bitcoin BitPay makes paying 1,000 sellers as simple as paying 10. Create a batch file at BitPay with all of your destination endpoints, and fund the whole batch with a single bank transfer. Eliminate the high fees of traditional payout methods. With BitPay, you pay a low, flat 1% fee on bitcoin payouts. That means more cash for you and your sellers. We wanted to provide multiple payout options for our clients due to the simple fact there is not a one-fits-all payment solution that is suitable for everyone...BitPay's bitcoin payouts provide a faster and less costly way for ClickSure affiliates to get paid out their sales commissions." Find out how bitcoin is helping ClickSure . Enhance your payroll service. Integrate bitcoin. 51% responded "yes, absolutely" - pay me in bitcoin! - The Wall Street Journal, 1/27/2014 Offer more choices in payroll with a bitcoin payout option that works alongside your current payout methods. Continue reading >>

Top 3 Ways To Receive Your Salary In Bitcoin

Top 3 Ways To Receive Your Salary In Bitcoin

Top 3 Ways to Receive Your Salary in Bitcoin A lot of people are looking to get a (part of) their salary paid in Bitcoin these days. Given the recent price increase of the popular cryptocurrency, that is not entirely surprising. This process is not necessarily easy, though, despite there being a few different methods to get paid in Bitcoin these days. Below are three of the more common methods to achieve this goal. The one way to accept Bitcoin salary payments without too much hassle is by creating a wallet address and have your employer pay a sum in Bitcoin every month. Do keep in mind your employer will need to have access to Bitcoins in the first place, which can be quite problematic in some cases. Especially when considering how the Bitcoin price can change quite a bit on any given day. Even though there are dozens of trustworthy Bitcoin exchanges around the world, buying Bitcoin remains problematic for a lot of people. This is especially true for businesses, as there is no convenient solution to buy Bitcoin without going through a lengthy verification process these days. Then again, a lot of companies are stockpiling Bitcoin to fight off impending ransomware attacks, so your mileage may vary in this regard. Most Bitcoin enthusiasts have heard of a company called BitPay . In most cases, they know the company due to it being the worlds leading Bitcoin payment processor. One thing very few people seem to be aware of is how BitPay also provides a Bitcoin payroll API to all of its users. This feature has only been introduced recently, but it provides a very comprehensive and convenient solution. By using the BitPay payroll API, employees can determine to receive a fixed percentage of their wages in Bitcoin. They can set this up by determining how much of the USD amount Continue reading >>

I'm Getting Paid In Bitcoin: Here's How And Why

I'm Getting Paid In Bitcoin: Here's How And Why

Mar 18, 2015 Last updated: Mar 18, 2015 5 minutes to read I discovered bitcoin in early 2011. At first it was something that felt like play money and almost surreal. I didnt fully understand all the details back then, but a decentralized, peer-to-peer digital currency was just too crazy and I became intrigued. Over the years I started diving deeper and deeper into bitcoin. Along the way, the true power of it really jumped out at me: I ended up doing some freelance bitcoin development just before I joined Buffer. Its often a topic that my brother and I can talk about for ages. Theres tons of potential here, and VCs see it too . Using bitcoin for coffee, hotels and more Bitcoin is often seen as a speculative investment, like a digital asset. However Ive often been intrigued to explore using bitcoin more often. Although I do keep part of bitcoins as an investment, the times that I have used bitcoin to transact online, its been an absolute joy. Ive mademany purchases, such as booking hotels in New York (for traveling before the fourth Buffer retreat), buying coffee andeven games online . The list of merchants who accept bitcoin just keep growing, including Microsoft, Dell and many more. The ecosystem has flourished since 2014, when I realized that I could definitely start spending bitcoin regularly for parts of my life. I didnt want to lower my bitcoin assets too much, so I decided to explore the option of getting paid in bitcoin as a way for me use bitcoin as both an asset and a currency. Before I started the process with Buffer in getting paid in bitcoin, I took stock and chatted with my girlfriend about what seemed feasible in terms of holding bitcoins as a currency. Bitcoin is infamous for its volatility , and at this point getting paid fully in bitcoin would not make Continue reading >>

You Can Now Get Your Paycheck In Bitcoin But Should You?

You Can Now Get Your Paycheck In Bitcoin But Should You?

You Can Now Get Your Paycheck in Bitcoin But Should You? If you're a gambler, you're probably salivating over that headline. After all, a Bitcoin today worth $800 was valued at only $13 a year ago, and at least one venture capital firm has predicted that a single Bitcoin could someday be worth as much as million dollars . Why not ask for your paycheck in Bitcoin, and reap the (potential) rewards? If youre a gambler, youre probably salivating over that headline. After all, a Bitcoin today worth $800 was valued at only $13 a year ago, and at least one venture capital firm has predicted that a single Bitcoin could someday be worth as much as million dollars . Why not ask for your paycheck in Bitcoin, and reap the (potential) rewards? Well, up until recently, the reason was that there was no easy way to pay salaries in the popular online currency. Digital currency payment processor Bitpay has introduced a new API which will allow companies to pay salaries whole or in part in Bitcoin. Andrew Couts of Digital Trends says that this is an easy way for people who are interested in Bitcoin to break into the market but he cautions that its still a bad idea for the vast majority of people to ask for their whole paycheck in cryptocurrency. [T]he exchange rate for Bitcoin often takes major jumps and dives, sometimes by the minute, writes Couts. So $100 worth of Bitcoin one paycheck might be almost certainly will be completely different the next time around. If youre optimistic about Bitcoin, thats actually a good thing if youre paid 1 BTC in place of $800 from your paycheck one week, the next month that same 1 BTC might be worth twice as much. Or, you know, it could be worth $12. Bottom line: a gamble is a gamble, even if it involves a concept of money that would be right at home in Continue reading >>

Why Im Getting 5% Of My Salary Paid In Bitcoin

Why Im Getting 5% Of My Salary Paid In Bitcoin

Why Im Getting 5% Of My Salary Paid In Bitcoin I discovered bitcoin in early 2011. At first it was something that felt like play money and almost surreal. I didnt fully understand all the details back then, but a decentralized, peer-to-peer digital currency was just too crazy and I became intrigued. Over the years I started diving deeper and deeper into bitcoin. Along the way, the true power of it really jumped out at me: I ended up doing some freelance bitcoin development just before I joined Buffer . Its often a topic that my brother and I can talk about for ages. Theres tons of potential here, and VCs see it too. Using bitcoin for coffee, hotels and more Bitcoin is often seen as a speculative investment, like a digital asset. However Ive often been intrigued to explore using bitcoin more often. Although I do keep part of bitcoins as an investment, the times that I have used bitcoin to transact online, its been an absolute joy. Ive made many purchases, such as booking hotels in New York (for traveling before the fourth Buffer retreat), buying coffee and even games online. The list of merchants who accept bitcoin just keep growing, including Microsoft, Dell, and many more. The ecosystem has flourished since 2014, when I realized that I could definitely start spending bitcoin regularly for parts of my life. I didnt want to lower my bitcoin assets too much, so I decided to explore the option of getting paid in bitcoin as a way for me use bitcoin as both an asset and a currency. Before I started the process with Buffer in getting paid in bitcoin, I took stock and chatted with my girlfriend about what seemed feasible in terms of holding bitcoins as a currency. Bitcoin is infamous for its volatility , and at this point getting paid fully in bitcoin would not make sense for Continue reading >>

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