I'm a PM who has never used or touched any crypto at all, I don't even have a Coinbase account. It's strange I know, but since I never really understood the tech behind it I couldn't get over the fear of risking my hard earned money. Tonight I had a talk about integrating crypto in our performance incentive plan. The idea came from someone I work with who asked if her incentive compensations could be in crypto because of its appreciation potential. We discussed BTC and bitcoin cash as main options, I know that they are different coins but I still don't feel confident going ahead with it because I simply don't get crypto. As result of my position I'm also not so comfortable asking my employees to explain it to me, so I was wondering instead if anyone here has tried using bitcoin for incentive compensations and whether it worked out for their employees in the long run? For example, crypto prices are volatile and it could negatively affect my team's morale if when we pay them £50 in crypto they end up cashing out only £40. Another question I have is about the best way to handle crypto payments. And about crypto in general, would you recommend it in good conscience? I've seen videos about how it's part of the crypto culture to buy yourself first and then recommend it to others so you can sell for higher. Is this the only reason why the price of bitcoin goes up? If you have any good resources for me to learn please share.
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source https://www.reddit.com/r/btc/comments/irps2x/hello_im_jeremy_from_london_uk_ive_a_few/
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