Should you get paid in Bitcoin? Why a crypto salary could be a dangerous trend

By Misyrlena Egkolfopoulou and Claire Ballentine
Published 8 Min Read

Bloomberg

When was the last time your entire paycheck shrank by more than 20%?

If you are being paid in Bitcoin, the answer was Saturday, when the token fell as much as 21% in a matter of hours. While it has recovered ground, Bitcoin is still down more than 25% from the record high it reached about a month ago. That rapid plunge highlights just one peril of a nascent trend that’s being hyped up by politicians and celebrities — being paid in digital currencies.

Misyrlena Egkolfopoulou and Claire Ballentine
From Bloomberg News

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