10 sats \ 18 replies \ @DarthCoin 26 Nov 2022 \ on: Explaining to your employer the benefits of accepting bitcoin bitcoin
In 2015 I open up an account in Bitwage.com, I was one of the 1st users, like on SN and many other Bitcoin solutions.
You don't have to tell to your employer/client to pay you in BTC, until the time will come. They can just pay your payroll as usual to any bank account in the world and you receive BTC straight into your BTC wallet (non-custodial).
If the employer ask why the account is not in your name, just say that you setup a "foundation" for charity and all your money goes to Bitcoin development.
That way you raise their curiosity and if they really ask more, just tell them: I can teach you free how to get your company reserves in Bitcoin.
In 2018 I stopped accepting anymore fiat, all my clients paid me in BTC.
Most of them, they just use BTC as reserves (like Saylor is doing).
Is just a matter of time until all companies will start doing the same.
I think he means "Getting the business to accept bitcoin for payment". Not be paid in it. Can do that easily with Strike
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Strike is another paypal. Nothing "innovative".
If a business really want to accept BT,C just have to open up any BTC/LN wallet, non-custodial and start accepting.
There's no need for ANY intermediary.
Strike IS an intermediary.
By pushing an employer to pay you in BTC, you make them to acquire BTC.
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I'm not talking about using Strike to accept payments. Anyone can use strike to direct deposit their paycheck and then send it straight to their node or wallet.
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He is trying to get a boss at a business to accept BTC from CUSTOMERS.
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He doesn't own the business.. He cant just accept BTC in the name of the business. He doesn't own it
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no its not like paypal because you can withdrawal which is really all that matters.
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Isn't bitwage KYC though?
In that sense, wouldn't it be better to be paid in a regular fiat bank account and manually buy non-kyc bitcoin every month?
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you are free to do whatever you want.
There's no such thing as "non-kyc bitcoin". Please stop saying that.
If would exist then Bitcoin is a failed experiment.
KYC is bad because you are giving your personal info, and can end up in bad hands... not because other thing.
If you never sell back for fiat, it doesn't matter anymore, from where you bought the BTC.
If a gov agent comes to my door to ask me about my BTC bought from a KYC exchange (that will never happen) I will just tell them nicely to fuck away,. is not their damn business what I do with my own money.
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Voluntarily tying UTXOs to your IRL identity seems like a good way to be tracked and controlled regardless of whether you sell for fiat or not.
Taxes is not the only threat, everyone is out to get you.
Are you saying privacy is not important?
A government can mark your utxos as tainted and decrease their fungibility/salability.
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come and get it if you can...
another bullshit word: "tainted coins"... there's no such thing.
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Then you don't have a very adversarial mindset.
You are basically choosing to ignore the problem for convenience's sake, thinking that walking naked on the supermarket is going to end well for you.
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Why is so bad walking naked in a supermarket?
If you do not like to see me naked, don't watch.
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There is no freedom without privacy.
If you don't think it's important, good luck with that...
I have a feeling deep down you don't really think like that and if I dig deep enough, I would find evidence of that in your blog.
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You are way more nuanced there than in your comments here. At least you recognize the need for 2 identities.
Buying kyc bitcoin is using your public identity.
Coinjoining is a good tool to have but the exchange/broker/bank/government still knows how much you bought.
Your answer to that is telling them to fuck off which is imo short signed, specially when you could have avoided the whole problem by acquiring the bitcoin peer to peer.
Sure p2p is not perfect non-kyc, but a powerful adversary would still need to track down all your potential trade peers and coerce them to give up whatever data they might have on you. It's certainly a good extra layer to have and it does not cost that much.