The Payroll Podcast

The Payroll Podcast


Payrolling Employees with Bitcoin & Crypto Payments – with Jonathan Chester #60

June 30, 2021

The Payroll Podcast: Payrolling Employees with Bitcoin & Crypto Payments - with Jonathan Chester #60

Nick Day is joined on The Payroll Podcast sofa by co-founder & CEO of Bitwage, Jonathan Chester!
Bitwage is a top 7 blockchain company in the US and ranks top 21 in the world! Bitwage offers solutions for workers to receive wages in various currencies, including bitcoin – something we will find out much more about later in this episode.
Jonathan also writes for Forbes on all things bitcoin and blockchain-related for the Entrepreneurship section. Since joining the Blockchain ecosystem in 2013, Jonathan has consulted members of the European Parliament, Dutch banks & regulators, as well as the Californian Senate regarding the regulation of the blockchain industry; so, it is an amazing privilege to have someone with Jonathan’s expertise join us all the way from California for today’s show!
In this “Payrolling with Bitcoin & Crypto Payments” episode with Jonathan Chester, on The Payroll Podcast, we also explore:

* An introduction into the world of bitcoin and how it has become immersed with the world of payroll?
* What cryptocurrency is, and more importantly, why we should be excited about crypto/Bitcoin payroll?
* Should we be concerned about the Bitcoin & Crypto Bubble?
* Do payroll professionals need to understand blockchains or DLT technology before they delve into cryptocurrency payroll solutions?
* Is Bitcoin & Crypto payroll realistic when we consider how volatile the market can be?
* What about the tax implications for being paid in Bitcoin or other cryptocurrencies?
* How can a Bitcoin & Crypto payroll process help employee investment strategies?
* What is the Bitcoin cost average calculator: https://www.bitcoindollarcostaverage.com/
* How can Bitcoin & Crypto payroll transform & revolutionize payroll tech, HR, etc.?
* www.bitwage.com offers payroll & benefits ready for the new digital era, both for companies and individuals, but how?
* The pros and cons of Bitcoin/crypto payroll? In fact, are there any cons at all? Is it practical for all businesses?
* How is Bitwage different from competitors in the crypto payroll space? (Strike, Bitpay) etc.?

Links highlighted in this “Payrolling with Bitcoin & Crypto Payments” episode are included below:

* Jonathan Chester LinkedIn Profile: https://www.linkedin.com/in/jonathanericchester/
* Bitwage website: https://www.bitwage.com/
* Dollar-cost averaging calculator: https://www.bitcoindollarcostaverage.com/
* Nick Day, Host of The Payroll Podcast LinkedIn Profile
* JGA Payroll Recruitment: Leading Payroll Recruiters
* The Payroll Podcast on Apple Podcasts: iTunes
* Payroll Podcast Previous Episodes
* Listen on Podbean

Of course, if you are Payroll Leader listening to this podcast and you have a payroll-related vacancy that you would love some specialist payroll recruitment support with – please also get in touch with me!  I would love to help show you what a great Payroll recrui...