With cryptocurrency values to continuing to skyrocket,Street Stall (2015) at least one company is going to try to give its employees an incentive to invest in Bitcoin by offering it as a salary option.
SEE ALSO: How to make sure you don't get swindled in an ICOJapanese internet company GMO Internet Group will be rolling out the system in February 2018, according to a report from Coindesk. Employees will have the option to choose a portion of their monthly salary, ranging from 10,000 yen ( around $89) to 100,000 yen (or $888), to be paid to them in Bitcoin.
GMO will also throw in a 10 percent bonus, as an incentive to encourage more investment, and the entire process will use GMO's own cryptocurrency referred to as "GMO coin."
The move makes sense for GMO. The company is already in the Bitcoin business and is launching an initial coin offering (ICO) in 2018.
But just as important are the concerns about the growing cryptocurrency bubble and what that could mean for these employees if or when that bubble bursts. While the proposed amounts seem relatively small, they add up over a year, especially the higher limits.
Given what we know and, more importantly, don't know about Bitcoin, would you be willing to bank anywhere from $1,000 to some $10,500 on cryptocurrency that few, if any, really truly understand?
SEE ALSO: This was Bitcoin's big year, but where does it go from here?With all the attention cryptocurrency has received, some are starting to see it more and more as a legitimate form of currency and, like the seller of this Miami condo, are trying to use it exclusively for transactions.
Others, like the online gaming platform Steam, are more incredulous and rolling back their decision to accept Bitcoin given the volatility of the marketplace.
Of course, maybe this will all pan out for GMO and others around the world hoping that cryptocurrency stabilizes enough to become a relatively widespread, legitimate form of accepted currency.
But that's a big maybe, especially if you're a low-level employee and your own money's at stake. For now, viewing the investment opportunity with a dose of skepticism probably isn't a bad thing at all.
Topics Bitcoin Cryptocurrency
'The Harder They Fall' tells an epic story before it hits the opening titlesHere's what you need to do before you break up with FacebookNewspaper tries to be patriotic, accidentally satirises BrexitTikTok is where you go to bare your scarsElon Musk is selling massive amounts of Tesla sharesOfficials think they've cracked the LA 'jetpack man' mysteryRemember Apple's $19 cleaning cloth? Well, Samsung is giving away its own for free.Arnold Schwarzenegger comes back from heart surgery with a Tweet for the agesBig Bird got vaxxed and people are thrilled, confused, and of course, outragedIs Gen Z bringing flip phones back?YouTube shooting became a Twitter monster because of trolling, not fake newsCasey Neistat shares heartfelt video on YouTube shooting9 websites to download Lightroom presets to up your photography game'Dexter: New Blood' is a ghost of its former self — for good and badTikTok is where you go to bare your scarsTwitter makes it easier to search through a specific user's tweetsBig Bird got vaxxed and people are thrilled, confused, and of course, outragedParkland activist has best response to transparent backpack ruleYouTube will no longer show 'dislike' counts on videosThis remix of that viral Walmart kid yodeling is astonishingly catchy Part of Twitter's source code was found on Github Best YouTube videos to help you make a DIY face mask This story about buried cans of beans is a breakup saga for the ages Hectic yet hilarious viral video shows how chaotic quarantine life is getting Nonprofit files complaint against OpenAI's GPT Facebook just dropped a messaging app for couples Don't buy internet Apple Maps can now help you find COVID The 'you can only keep 3' meme is here to challenge you in this difficult time How to access ChatGPT plugins, the 'eyes and ears' of OpenAI's chatbot FightCamp review: We're all anxious right now and this at Ina Garten's giant cocktail became a meme when we needed it most Lena Headey parodies home beauty tutorials with some 'tips' of her own Touching video from BBC urges people to not give up hope and to stay home Trump says he will look into pardoning 'Tiger King' star Joe Exotic Trump's Council to Re Wordle today: Here's the answer, hints for March 27 Apple confirms dates for WWDC 2023 'Quordle' today: See each 'Quordle' answer and hints for March 26 'The Mandalorian' brings Zeb Orrelios from 'Star Wars Rebels' into live action
3.2168s , 10136.3828125 kb
Copyright © 2025 Powered by 【Street Stall (2015)】,Evergreen Information Network