Coinbase pay in BTC

New / Eng
awetydf

New Eng

awetydf
Jul 17, 2021 9 Comments

Does anyone who works at coinbase actually take a portion of their salary in Bitcoin? Is there any benefit to it compared to just buying BTC with your own money?

Tc 250
Yoe 3.5

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TOP 9 Comments
  • No transaction fee
    Jul 17, 2021 3
  • NVIDIA
    (?!?)

    Go to company page NVIDIA

    (?!?)
    Is this really a thing that coinbase employees can choose between USD and BTC as salary payment?
    Jul 17, 2021 1
    • New
      pepehand

      New

      pepehand
      Yep, we can
      Jul 17, 2021
  • Google
    lcxt

    Go to company page Google

    lcxt
    Can you forward load it?

    Like will coinbase buy my next year's salary in Bitcoin and pay me out the value as BTC? E.g. if bitcoins doubles relative to USD I'll still get my X Bitcoin every 2 weeks?

    Or are they just converting the USD amount every 2 weeks?

    If the prior I might consider it (leveraged investment).

    If the latter then it's not worth it
    Jul 17, 2021 2
    • Google
      adspm

      Go to company page Google

      adspm
      It's the latter
      Jul 17, 2021
    • New
      b33tfarmer

      New

      b33tfarmer
      @lcxt Then what incentive would the employee have to stay if BTC crashes

      Also, forward loading will be like advance payment, because the company has now locked that money for you in BTC, why would they want to do that
      Jul 17, 2021