Comments on: Why the P2P Foundation is paying its salaries in Bitcoin

By: Mihaita

Mihaita — Sat, 07 Nov 2015 15:10:57 +0000

At the momment there is a support price for bitcoin of 404$, will they reduce the amount of bitcoin of the workers if the price goes up ?

By: From BitCoin, Ripple and FreiCoin to a commons powering complementary currency | ECC 2013 – Communication Platform

Wed, 15 May 2013 10:56:59 +0000

[…] 2012 the P2P-Foundation announced they started to have their salaries paid partly in BitCoins. Though I bought my first BTCs in 2011, […]

By: Staying Between the Lines: A Survey of U.S. Income Taxation and its Ramifications on Cryptocurrencies | The CLAG

Sun, 15 Apr 2012 18:21:49 +0000

[…] or uncertainty to new and existing users of cryptocurrencies. Being that individuals are now being paid in Bitcoins, this topic seems especially […]

By: Jon Matonis

Jon Matonis — Wed, 28 Mar 2012 09:49:05 +0000

Thanks for the clarification, Michel. Bitcoin as payment for services is good for two reasons: 1) it will most likely appreciate relative to Euro and USD; and 2) it keeps bitcoin in the ecosystem so that ultimately there is less reliance on exchanges and conversion.

By: Michel Bauwens

Michel Bauwens — Wed, 28 Mar 2012 09:15:40 +0000

In reply to Jon Matonis. hi Jon, this was done in accord with Nicolas and to make it concrete. By the way, we pay taxes on this transaction, there is nothing illegal in it, and it is reported (or will be at the end of the year or whenever the summary is due) to the tax authorities in the Netherlands.

By: Michel Bauwens

Michel Bauwens — Wed, 28 Mar 2012 09:14:02 +0000

In reply to Anony Mouse. Nicolas told me me he would buy some and save some, the former including, but not exclusively items sold in bitcoin. The 50% was also chosen in accord with him, it is also a way to get our feet wet and experiment and see how it all goes.

By: waspoza

waspoza — Wed, 28 Mar 2012 08:34:39 +0000

Good job guys! Let’s hope more will follow. 🙂

By: Anony Mouse

Anony Mouse — Wed, 28 Mar 2012 08:22:11 +0000

If the recipient doesn’t mind sharing … why was the 50% ratio chosen? Will the amount be exchanged for a political currency, kept / saved / hoarded, or will they be spent at a merchant that accepts bitcoins?

By: Anony Mouse

Anony Mouse — Wed, 28 Mar 2012 07:43:31 +0000

It is fanstastic to see this! One suggestion — this URL cannot be loaded securely (using https:// ). A general recommendation for sending bitcoins is to ensure that the address shown is authentic by obtaining it only from a secure page (i.e., https:// ).

Here’s an example of how this can be remedied:
– http://nyc.wikimedia.org/wiki/Donate

By: Jon Matonis

Jon Matonis — Wed, 28 Mar 2012 06:55:39 +0000

Do you think it’s a good idea to publicize the name of the individual that was paid in bitcoin?