NBA champion Andre Iguodala, also known for his investment prowess, is positioning a portion of his salary to be in Bitcoin.
Taking paychecks in BTC or other crypto could potentially benefit both employers and employees alike. For starters, companies with large percentages of international workers would not need their staff's private banking information, nor have to make costly, slow turnaround wire transfers to make payments.
In addition, it saves employees the trouble of moving their fiat funds to crypto exchanges for investments as they can readily swap the digital currencies they receive for the one they wish. Volatility issues are also easily resolved. Employees who are skeptical or bearish on coins' near-term movements can simply exchange their crypto paycheck to stablecoins the instant they receive them via a wallet or exchange.
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