I wonder who's manning this submarine [1].<p>[1] <a href="http://paulgraham.com/submarine.html" rel="nofollow">http://paulgraham.com/submarine.html</a>
Are the salaries set in bitcoin? Or Canadian Dollars and then exchanged for bitcoin on payday at market rates?<p>Either way, It seems I'd rather be paid in dollars for the stability then have the ability to trade these for bitcoin with dips in the market. Unless my salary is set in bitcoin and I'm counting on Bitcoin inflation to outpace dollar inflation.
I've never once purchased a Bitcoin and it will probably be quite a while before I consider ever purchasing Bitcoins, but it seems to me the Bitcoin craze has settled down and it's value has somewhat stabilized (for now) making this sort of thing "possible", though I'm still surprised it's even happening. This I believe will be a fad that will be phased out once people start requesting their wages paid in euros, pounds, or other forms of legitimate worldwide currency, using this as precedent. I don't particularly agree with the offering, but it's neat to read about at least.
Not too surprising, during my life the Canadian dollar has drifted between 0.65 USD and 1.07 USD, and prices for certain goods like books and electronics barely ever keep up.<p>Bitcoin may currently be a lot more volatile, but the CAD isn't that great either.<p><a href="https://www.google.com/finance?chdnp=1&chdd=1&chds=1&chdv=1&chvs=Linear&chdeh=0&chfdeh=0&chdet=1194649200000&chddm=2489791&q=CURRENCY:CADUSD&ntsp=0&ei=N8gEVMC6K8SY9AbTkoCwAw" rel="nofollow">https://www.google.com/finance?chdnp=1&chdd=1&chds=1&chdv=1&...</a>