I live in an underdeveloped country, but I work remotely for a fairly good web development agency. We don't have a lot of financial services/wallets here, so we had to go circumvent a lot of obstacles for me the money to get to my local bank account. This whole process took a hefty fee, and time. And the worst part is the currency is absolutely shit and deteriorating (even compared to other fiat currencies),
Very often, companies and employers have difficulty hiring a remote employee from other countries due to payroll hurdles. Bitcoin would seem ideally suited to solve this problem thanks to cross-border transactions, but this opportunity is not often used. Probably due to different financial statements. Or have companies and employers never heard of bitcoin?
Recently, I convinced them to start paying me in BTC. I save what I have to save, and convert the rest to fiat via P2P trading. Its so quicker and I get great deals, no more bullshit. I think this has been a great benefit of crypto for underdeveloped nations.
What arguments did you use to convince your employer to pay wages in bitcoin? How did you convince them?
Of course, bitcoin allows you to avoid a lot of bullshit with bureaucratic actions and money is sent from anywhere in the world in a couple of clicks. Bitcoin is a great advantage not only for underdeveloped countries, but in general for any inhabitant of the planet.
I have been accumulating bitcoin from a long time from my freelance work, but getting paid in it by my regular work feels awesome!
Technically, there is not much difference if you received a standard salary, which would be converted into bitcoin. But given your situation and the difficulties with transferring money between different countries, then undoubtedly bitcoin turned out to be a life-saving solution.