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132 sats \ 3 replies \ @aljaz 11h \ parent \ on: Is it too early to get paid in Bitcoin? bitcoin
then don't get a job. build a business. Sell your services.
You don't get to "not be a slave" by asking to be handed things like "heres your off the books bitcoin" without providing enough value for someone to actually be willing to deal with that.
And realize that theres no such thing as a bitcoin company.
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and maybe refine your questions because you're mixing up many different things into a same bag of shit.
a registered, state approved entity can pay you with founders cum and would still legally need to pay taxes on that and account for it so theres no magical 50% savings for them if they want to be obedient citizens and comply with the law
your drug dealer can pay you in cash, raw milk or whatever you negotiate because his income is strictly off the books so he's not really worried about the state of assets and liabilities in the end of the year financial report.
neither case has anything at all to do with bitcoin because bitcoin is just a tool, not the fundamentally different reality that changes everything about how businesses operate.
obviously there is wiggle room, there are lots of cash businesses out there that might forget to invoice some of the income and pay people off the books etc. Bitcoin is arguably a very bad choice for off the book payments because the payment will forever be in the ledger so if at any point in time someone (like the tax man) digs up enough information tying the addresses to the person/entity they can have a hard time explaining things. cash in hand leaves a lot less traces and doesn't tie you together forever.
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I see. But the cool thing about Bitcoin for this use case is that it's the online equivalent of cash.
What would be great to find is the “online drug dealer” that has some income in online cash (Bitcoin) and is willing to externalize some services.
That's why I think Bitcoin and “off the books” employment (from unregistered entities) are tightly connected in this case.
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