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RSS FeedsDo Wages Need to be Paid in Bitcoin for Retail Adoption to Happen?
(WorldNews Japan)

 
 

22 october 2018 01:56:41

 
Do Wages Need to be Paid in Bitcoin for Retail Adoption to Happen?
(WorldNews Japan)
 


Is this a case of chicken and egg? If more retailers accepted Bitcoin, would more employees expect their wages paid in Bitcoin? Or, does Bitcoin need to be viewed more widely as a replacement for fiat first? A recent tweet by Francis Pouliot, CEO of Canadian Bitcoin (BTC) 00 payments startup Bylls began a discussion as to whether retailer adoption of Bitcoin payments is being stalled by the lack of wages paid in Bitcoin. People that earn income in Bitcoin tend to spend bitcoins on goods, services, debts, bills and top-ups. People who buy Bitcoin with fiat tend to hodl, or sell for fiat. Observations from @myBylls `real` users. Merchant adoption won`t take off until people get...


 
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