Managing Crypto Payroll: Navigating Bitcoin’s Volatility
Bitcoin’s price swings are a double-edged sword for businesses. In the world of cryptocurrency, Bitcoin’s unpredictable nature can either sink or lift payroll structures. So, how do startups mitigate the risks while paying their employees in Bitcoin? Let’s dive into how fintech startups are tackling this challenge.
Understanding Bitcoin’s Price Volatility
We all know how Bitcoin (BTC) can be a wild ride. One moment it’s soaring; the next, it’s plummeting. To say this volatility impacts payroll is an understatement. Employees can wake up to find their paychecks have lost value overnight, which is a tough sell for potential hires.
But here’s the kicker: this volatility can also be a game changer. Startups might entice talent by offering…
