Why Employers Can’t Pay You in Cryptocurrency

More members of the public are discovering that it is possible to become wealthy with Bitcoin and similar non-physical forms of money.

So why isn’t it possible for most companies to pay wages in cryptocurrency? There are four barriers that make widespread adoption of that payment method difficult:

  1. Some laws specify cash or check payments only
  2. Cryptocurrencies may be deemed securities
  3. Employers could feel wary
  4. The tax implications vary by country

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