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Getting Paid in Crypto as a Freelancer

I wanted to start a discussion on how a freelancer would feel about getting paid in crypto vs traditional bank transfer.

Every freelancer who gets paid in £$, has to figure out how much tax they need to pay, which can already cause headaches for most people. After they pay their taxes, they have no real say in what happens with that money.

With the power of blockchain ecosystems, when a freelancer gets paid in crypto, the calculations on taxes are a lot simpler. They also now hold a share of that entire ecosystem, and in most cases, can become a core part of the community who decide the future of the ecosystem. They can also clearly see how every token is spent within the ecosystem and keep track of who owns what, when and how.

Another pain points is that 58% of freelancers have experienced not getting paid for completing a particular job. Freelancers can now actually use smart contracts, a blockchain-based technology that enforces contracts without the need of a third party.

Crypto lets you bypass existing banking infrastructure with the goal of accelerating payments and reducing costs Banks and other payment services can take several working days, fees and fees for currency exchange rates. With crypto, you get paid in minutes and don’t pay any fees.

Let me know your thoughts on getting paid with crypto.

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