Ought to You Get Paid in Bitcoin? Why a Crypto Wage Might Be a Harmful Pattern – Bloomberg

Politicians and celebrities are more and more getting paid within the digital asset. Its drop — in addition to tax issues — could steal some sheen from the development.
When was the final time your whole paycheck shrank by greater than 20%? 
If you’re being paid in Bitcoin, the reply was Saturday, when the token fell as a lot as 21% in a matter of hours. Whereas it has recovered floor, Bitcoin remains to be down greater than 25% from the file excessive it reached a couple of month in the past. That speedy plunge highlights only one peril of a nascent development that’s being overrated by politicians and celebrities — being paid in digital currencies.