Are Crypto Salaries the Future of Payroll?
Are crypto salaries actually becoming a reality? Is the hype of the last couple of years finally being replaced by actual adoption? Crypto payrolls have been a hot topic, but are they here to stay?
What are the pros and cons of using cryptocurrencies for payroll?
Adopting cryptocurrencies for payroll does have its pros and cons. On the one hand, volatility is a huge risk. If a company pays its employees in Dogecoin, what happens if Dogecoin drops in value overnight? For employees, that would mean receiving much less than what they were expecting, which could be financially damaging.
Regulatory issues are another big con. Different places have different rules regarding the use of cryptocurrencies. Some countries even require companies to…
