Bitcoin is the first successful internet money based on peer-to-peer technology; whereby no central bank or authority is involved in the transaction and production of the Bitcoin currency. It was created by an anonymous individual/group under the name, Satoshi Nakamoto. The source code is available publicly as an open source project, anybody can look at it and be part of the developmental process.
The company launched a new service that offers workers to exchange businesses that allow customers to trade cryptocurrencies for fiat money or other cryptocurrencies. a percentage of their monthly salary to Bitcoin. An NFL star is already using it.
NYDIG, the solution provider of financial products based on Bitcoin has unveiled a new service that allows workers to receive their payroll payments in the flagship cryptocurrency.
Named “ Bitcoin the biggest and most popular cryptocurrency in the world. It is a decentralized digital currency that enables users to make trustless peer-to-peer transactions. Savings Plan ” (in Spanish “ Bitcoin Savings Plan “The benefit program makes it easier for workers to convert a percentage of their paychecks into Bitcoin . The company announced the launch of the new product this Tuesday, through a communiqué which was shared on Twitter.
Employees ask to be [paid in Bitcoin]. and we listened. With our new Bitcoin Savings Plan, companies can now offer an innovative compensation benefit for employees to buy, sell and hold Bitcoin. Bitcoin securely without incurring any transaction or storage fees.
Employees are asking to be #PaidInBitcoin , and we listened. With our new Bitcoin Savings Plan, companies can now offer an innovative compensation perk for employees to securely buy, sell, and hold #Bitcoin without incurring any transaction or storage fees. https://t.co/HLCaQPuwTrpic.twitter.com/raYkWiscLD
— NYDIG (@NYDIG_BTC)February 1, 2022
Growing interest in Bitcoin Payroll Payments
Employees enrolled in the Bitcoin Savings Plan can choose what percentage of their payroll they would like to automatically convert to the digital digital technologies are these electronic tools that have the ability to generate, store or even process data. asset. The cryptocurrency cryptocurrencies are digital currencies that use cryptographic technologies to secure their operation. funds are then held in the cold (offline) storage system of NYDIG no transaction or storage fees.
According to the statement, the National Football League (NFL) star Drew Brees is one of the first people to take advantage of the product. to convert a portion of your salary from fiat fiat currency is “legal tender” backed by a central government, such as the Federal Reserve, and with its own banking system, such as fractional reserve banking. It can take the form of physical cash, or it can be represented electronically, such as with bank credit. currency currency is a medium of exchange that defines value. to Bitcoin . Several companies in which Drew is involved will also make the optional benefit available to their employees, includingEverbowl y StretchZone , dijoNYDIG.
“ In its 13-year history, Bitcoin has been an inclusive vehicle for wealth creation, and a Bitcoin Savings Plan is one of the easiest ways to start saving. “commented the racer.
Also the company Fertitta Entertainment owned by hospitality mogul Tilman Fertitta, will offer the payment option a contract giving the buyer the right, but not the obligation, to buy or sell an underlying asset or instrument at a specified strike price. to Houston Rockets employees and corporate employees of the restaurant giant. Landry’s .
“ Offering cutting-edge benefits, such as a Bitcoin Savings Plan, helps ensure that we are attractive to the new generation entering the workforce and enables us to attract and retain some of the best talent in the industry “, says Fertitta.
As noted by CoinDesk , Strike y Coinbase is an American company that operates a cryptocurrency exchange platform. launched similar platforms last year, but did not require an employer to register for a worker to benefit. NYDIG service, on the other hand, requires employer participation.
The product launch takes place in a of growing interest in the adoption of wage payments in the context of the Bitcoin . In the U.S., several politicians have recently opted to receive their salaries in cryptocurrency, including thealcalde de Nueva York, Eric Adams. A few days ago, Christophe De Beukelaer, the Member of Parliament for Brussels, became the first European politician to adopt this initiative .
- Bitwage Processes First Bitcoin Payroll Payment via Lightning
- Tampa Mayor Jane Castor pledges to receive her entire salary in Bitcoin
- Five Star Bank in New York will allow customers to buy, sell and store Bitcoin after alliance with NYDIG
Article versioned by Hannah Estefania Perez / DiarioBitcoin
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