I just started using it. In the US most of us get paid via Direct Deposit into our bank account. To make this happen we give our company our bank account number and they make a deposit on pay day.

bitwage asks for your payroll company and some information about you, then they give you their direct deposit number to use. By getting your information, when they get a deposit into their account they can look at the source and see that it is for you. They then convert it to bitcoins and send it to your address.

I guess something similar could be done if you use your IBAN for deposit. I am impressed by the way they figured it out.

If this project can fly, the impact might be huge. It'll solve the classic price drop problem due to large dumping as this will work as a counter force for price rise.

I have certainly used it for my website to some extent. I hired a few people via Freelancer to do specific tasks. From an employer it is good because you can hire for one thing you want done and not have to pay when you don't need work done. Though from an employee's point of view it is more difficult because you spend a lot of time searching for your next job.

I work in the contracting world. There are two types of workers in this world. Someone who gets hired on for a short amount of time to help complete a specific task and someone who works for a company that gets contracts and assigns it to their employees. The person who works short term for specific tasks tends to get paid about 2 or 3 times the amount of the regular employee, but they also have to take on the risk of not finding another contract, paying for their own health care, retirement, etc. The regular employee will take a lower pay but they usually have a stable job for a few years with benefits.

I don't think too many people would want to work doing specific tasks. But with the low employment rate, they might not have a choice.

Agreed - I was a contractor for many years and I created CIYAM Open as actually that is the way I am comfortable to work.

From the dibber's perspective the main issue is the number of project tasks that are available - so this is again a "chicken and egg" problem.

Hmm... well maybe if the tasks have big enough rewards then those spurts can see you through times of inactivity without going broke in the meantime - but thanks for the honesty (that does help me to understand why the concept is perhaps *ahead of its time*).

Even 5-10% of your paycheck would be a good way to get started.

Companies should pay workers in bitcoin
Goverments should accept is as means for taxation, not that I'm in favor for taxation, but that battle cannot be won, ever.

can Europeans get paid?

I am much better with just a portion being paid in btc. I would be scared to scramble to convert btc to USD in order to pay the mortgage. Again that goes to what your saying cause if bank of america accepted btc for my mortgage payment that would solve that problem.