Growing Number of Canadian Workers Opt to Receive Bitcoin Salaries
A payroll firm from Canada’s Ontario Province has found that Canadians are now preferring to receive their salaries in Bitcoin rather than the traditional Canadian cash dollars. More surprisingly, many other workers are requesting about the payment option.
Shrad Rao, CEO of Wagepoint payroll firm, said that with the Bitcoin gaining popularity, they came up with the idea of the cryptocurrency payment option specifically geared towards Canadian workers and their salaries. They launched their idea in November 2013 without really expecting it will take off.
But Canadian workers bought the idea and saw its possible benefits. Ten months later, Rao said employees from at least 10 firms have signed up for the Bitcoin option. Many are still asking about it.
This post was published at International Business Times on September 2, 2014.