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More Companies Are Paying Employees in Bitcoin

More Companies Paying Employees in Bitcoin

Wagepoint makes it as easy as possible for companies to make payments in cryptocurrency. Customers don’t have to handle bitcoin at all. Instead, Wagepoint takes its fiat currency and handles the convergence for them.In Canada, it uses CA Virtex for the exchange. In the US, its deal with Buttercoin now has $1.3m in funding from people including Reddit co-founder Alexis Ohanian. Buttercoin is still in stealth mode.Perhaps predictably, tech firms are at the front of the queue when it comes to paying their employees in bitcoin. Structur3D Printing, based in Kitchener, Ontario, produces a system for extruding paste that can be used in 3D printing.Co-founder and president Charles Mire is targeting everything from cake makers and chocolatiers through to hobbyist ‘makers’ with the product, which can handle everything from silicone to cake icing.Mire doesn’t take bitcoin payments from the company, but his co-founder and director of research and development Andrew Finkle gets 10% of his salary this way.

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