Swiss Media Giant Dumps Fiat To Pay Wages in Bitcoin

2019-4-1 16:43

A Switzerland-based publishing house is willing to dump fiat currency for a comparatively volatile cryptocurrency in bitcoin. Netzmedien AG announced today that it would begin paying off all wages in bitcoin effectively.

The decision followed the company’s earlier plans to convert half of its assets to cryptocurrencies. As the top executives went closer to deploying. . .

The post Swiss Media Giant Dumps Fiat To Pay Wages in Bitcoin appeared first on NewsBTC.

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Do Wages Need to be Paid in Bitcoin for Retail Adoption to Happen?

Is this a case of chicken and egg? If more retailers accepted Bitcoin, would more employees expect their wages paid in Bitcoin? Or, does Bitcoin need to be viewed more widely as a replacement for fiat first? A recent tweet by Francis Pouliot, CEO of Canadian Bitcoin (BTC) payments startup Bylls began a discussion as to whether retailer adoption of Bitcoin payments is being stalled by the lack of wages paid in Bitcoin.

2018-10-22 02:00