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Working for Bitcoin: Update

25 pointsby ncarlsonabout 14 years ago

4 comments

jarinabout 14 years ago
It would be kind of a cool experiment to try to get everything past the first $5000 in client work (or whatever covers living expenses, taxes, savings, and beers in your area) per month paid in Bitcoin.<p>There needs to be a really easy way to do it though for clients who don't understand the concept, maybe some kind of service where a client can pay with credit card and it converts to Bitcoin and sends it to the recipient's account.<p>Maybe an alternative would be to just make a policy to buy Bitcoin with whatever you get over your quota each month.
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mericabout 14 years ago
A few weeks ago 1 bitcoin was only 0.8 US dollar. Now it's 8.<p>My 0.05 BTC is now worth 0.4.<p>Should've gotten more.
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joe_the_userabout 14 years ago
If this becomes common, it will certainly be a test of bitcoin's legal status. Seeing how the IRS and Social Security calculate what taxes, if any, you have to pay will be interesting...
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tectonicabout 14 years ago
What's the best way to exchange my bitcoins for USD?