Crypto Payroll Management: Strategies for Startups
Navigating the world of crypto payroll isn’t just about sending Bitcoin to employees; it’s about managing the chaos that comes with it. Bitcoin’s volatility is a double-edged sword. On one hand, it can attract talent willing to gamble on the future. On the other hand, it can create an atmosphere of uncertainty that few want to enter. So how do we manage this?
The Volatility of Bitcoin
Bitcoin’s price swings are enough to give anyone whiplash. One moment it’s soaring, the next it’s plummeting. When you pay your employees in Bitcoin, you can imagine the chaos it creates. A developer who gets one Bitcoin in January might see its value drop significantly by March, and that’s not great for morale. This volatility can be a dealbreaker…
