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Author Topic: A world of opportunities for freelancers  (Read 3931 times)
hasmukh_rawal
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February 16, 2019, 03:29:34 PM
 #1

bitcoin is being used in so many places throughout the world but it can be so much more. It's obvious that there are so many freelancers in every country. Firms, companies, startups etc.. have a limitation that they can hire freelancers only from their country since they can pay them only in their native currency to avoid hassle of exchange. But if firms, companies, startups etc.. start using bitcoin as a payment method to hire freelancers then there will be so many opportunities for the freelancers since they can get work from anywhere in the world. I don't know why has  this not become a huge thing until now. This could really change the life of freelancers and give a better end result/product to the company they are working for.

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February 16, 2019, 03:45:41 PM
 #2

It's just mostly one of these reasons:

1. They(one of both parties) simply dislike the volatile nature of bitcoin
2. Because most of the countries can use PayPal anyway
3. They aren't willing to learn about new tech that they probably think is unnecessary

I'm pretty sure freelancers can demand BTC anyway if they're allowed to(unless they're using freelance sites like Fiverr).

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February 16, 2019, 04:05:40 PM
 #3

It's just mostly one of these reasons:

1. They(one of both parties) simply dislike the volatile nature of bitcoin
2. Because most of the countries can use PayPal anyway
3. They aren't willing to learn about new tech that they probably think is unnecessary

I'm pretty sure freelancers can demand BTC anyway if they're allowed to(unless they're using freelance sites like Fiverr).

i'd say the reason is only number 1 and nothing else.
otherwise bitcoin is offering a lot to have that incentive for anyone including freelance workers to start accepting it. for example one good thing would be the multi signature features that bitcoin has, a freelancer can ask for the payment up front but into a multi sig wallet and the payer can only sign the final transaction when the work was done.

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February 16, 2019, 04:10:33 PM
 #4

bitcoin is being used in so many places throughout the world but it can be so much more. It's obvious that there are so many freelancers in every country. Firms, companies, startups etc.. have a limitation that they can hire freelancers only from their country since they can pay them only in their native currency to avoid hassle of exchange. But if firms, companies, startups etc.. start using bitcoin as a payment method to hire freelancers then there will be so many opportunities for the freelancers since they can get work from anywhere in the world. I don't know why has  this not become a huge thing until now. This could really change the life of freelancers and give a better end result/product to the company they are working for.
I don't think this is going to change anything in anyway. The freelancers were paid before crypto currencies were made without any issue. There is paypal and tons of other moneybooker and even dedicated freelancing platforms that take care of users payments. Though I never used anyof those and just heard about them, but  yeah, thats true. Bitcoin does make it a lot easier. But what about cashing out to fiat? Wouldn't that be problem for many?

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February 16, 2019, 04:14:03 PM
 #5

bitcoin is being used in so many places throughout the world but it can be so much more. It's obvious that there are so many freelancers in every country. Firms, companies, startups etc.. have a limitation that they can hire freelancers only from their country since they can pay them only in their native currency to avoid hassle of exchange. But if firms, companies, startups etc.. start using bitcoin as a payment method to hire freelancers then there will be so many opportunities for the freelancers since they can get work from anywhere in the world. I don't know why has  this not become a huge thing until now. This could really change the life of freelancers and give a better end result/product to the company they are working for.
I don't think this is going to change anything in anyway. The freelancers were paid before crypto currencies were made without any issue. There is paypal and tons of other moneybooker and even dedicated freelancing platforms that take care of users payments. Though I never used anyof those and just heard about them, but  yeah, thats true. Bitcoin does make it a lot easier. But what about cashing out to fiat? Wouldn't that be problem for many?
About cashing out, it would be either both things which it can be easy or hard depending on where that earner/freelancer do live on.This is one of the factors that they are considering
but i agree on the things said above that one of the main reason is the volatileness of BTC itself why most freelancers do still prefer the traditional stuff.

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February 16, 2019, 04:38:00 PM
 #6

3. They aren't willing to learn about new tech that they probably think is unnecessary
for example one good thing would be the multi signature features that bitcoin has, a freelancer can ask for the payment up front but into a multi sig wallet and the payer can only sign the final transaction when the work was done.

That's actually a good idea. Not sure why I haven't thought of that before. LOL. In this case, it could also fall under point #3. For them to use this multi-sig type of system, they'd have to actually spend some time on learning something new, and they'd need to invest some money for development, not knowing if people would actually use it in the first place.

With that said though, sites like XBTFreelancer should have this feature, if they haven't yet.

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February 16, 2019, 07:30:43 PM
 #7

This hasn't yet become popular among freelancers but it will certainly become soon. Just as bitcoin is gradually being introduced into everyday life (shops, cafes, restaurants, etc.), it will also enter this sphere soon.

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February 16, 2019, 07:47:14 PM
 #8

It's not so convenient for clients of those freelancers.

https://www.xbtfreelancer.com/ tried to apply crypto to freelancing, but people just don't accept it.
Imagine you need a new logo for $20 but you don't have any crypto. What will you do - just pay $20 with your CC for 1 second and forget about it at Fiverr or deposit fiat, convert, create wallet, transfer, etc?

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February 16, 2019, 07:47:53 PM
 #9

There is still mass adoption required to deal in Cryptocurrency in freelancing world. I saw initiatives by many icos like bitjob and they are struggling. It can be more valuable if the big names in the freelancing world like upwork and Fiverr start accepting Cryptocurrency.
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February 16, 2019, 07:52:32 PM
 #10

There are still less than 10% of the people in the world are using bitcoin or crypto, we haven't have the considerable population that we can consider the crypto to have been adopted. Freelancers who even knew bitcoin exist are still skeptical about it, take my brother in law who works as a web developer, I gave him 3 ETH to start with but yep, he just keep it hope he won't lose access to the wallet. People are not open to new things like a gibberish alphanumeric wallet address.
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February 16, 2019, 08:14:21 PM
 #11

It will be a good idea if bitcoin value is not so volatile like we see in the last years! I think this is one of the main reasons that freelancers are not get paid using cryptocurrencies, but in the other way, freelancers can get paid using PayPal or bank accounts as the majority of countries are able to transfer funds with these methods.

Maybe in the future, when the financial world will be more developed, cryptocurrencies will dominate and then automatically they will grow in the value.
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February 16, 2019, 08:58:28 PM
 #12

https://www.xbtfreelancer.com/ tried to apply crypto to freelancing, but people just don't accept it.
Yes we have this website and other related crypto related freelancing website but I think xbtfreelancer is currently not accepting new registrants. Likewise, other freelancers aren't prepared for the swinging prices of bitcoin so they don't like to take the gamble to receive a very volatile thing though there's a chance it can move up afterwards. They aren't just ready for it so not every freelancer is well oriented about bitcoin. And other's preferred to use PayPal and other popular payment processor because it has been there for years.

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February 16, 2019, 09:24:40 PM
 #13

I am very sure we will get to this level sooner or later. This can only happen when the problem of cryptocurrency volatility has been solved.
For now its more easier to pay freelancers in their native currency anywhere in the world. This I think is the major reason why many firms are not adopting it especially bitcoin. I believe very soon the volatility problems will be settled after then top companies and firms will adopt cryptocurrency payment option. This is one of the major adoption that will make bitcoin and other cryptocurrency to be widely used
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February 16, 2019, 09:41:38 PM
 #14

What OP is telling is true, but for the all country should legalize the bitcoin and cryptocurrency then only the restricted country users  can use bitcoin, if not the idea will fail.

 
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February 16, 2019, 09:46:19 PM
 #15

Part of the problem is that nearly all firms would have to buy bitcoin to
pay a freelancer who then would most likely convert the bitcoin bact to FIAT.

Firms can use paypal as mentioned and can use SEPA bank transfers
to send FIAT.

We are still in the early stages of bitcoin usage, it can get better but
unfortunately it would take regulation so firms can avail of tax breaks.
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February 16, 2019, 10:02:23 PM
 #16

bitcoin is being used in so many places throughout the world but it can be so much more. It's obvious that there are so many freelancers in every country. Firms, companies, startups etc.. have a limitation that they can hire freelancers only from their country since they can pay them only in their native currency to avoid hassle of exchange. But if firms, companies, startups etc.. start using bitcoin as a payment method to hire freelancers then there will be so many opportunities for the freelancers since they can get work from anywhere in the world. I don't know why has  this not become a huge thing until now. This could really change the life of freelancers and give a better end result/product to the company they are working for.

why do you think this is related to Bitcoin? There are other ways to pay. The existence of the internet is an advantage for humanity and sufficient to work. Although there were no Bitcoin related projects, other opportunities over the internet were always available.

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February 16, 2019, 11:46:41 PM
 #17

if bitcoin has been used for many places it is very good, and thus will be able to increase the price of bitcoin to rise more expensive.
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February 16, 2019, 11:54:12 PM
 #18

bitcoin is being used in so many places throughout the world but it can be so much more. It's obvious that there are so many freelancers in every country. Firms, companies, startups etc.. have a limitation that they can hire freelancers only from their country since they can pay them only in their native currency to avoid hassle of exchange. But if firms, companies, startups etc.. start using bitcoin as a payment method to hire freelancers then there will be so many opportunities for the freelancers since they can get work from anywhere in the world. I don't know why has this not become a huge thing until now. This could really change the life of freelancers and give a better end result/product to the company they are working for.
Upwork is hiring from different countries but they are paying in dollars. A lot of freelancers are now working at home but it is also a good option, paying bitcoin for freelancers who wants to work at home and it also makes the additional job so it makes more opportunity for everyone to have additional jobs because of bitcoin. It can help a lot and also some newly opened business can be profited at the same time.
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February 17, 2019, 02:17:37 AM
 #19

It's just mostly one of these reasons:

1. They(one of both parties) simply dislike the volatile nature of bitcoin
2. Because most of the countries can use PayPal anyway
3. They aren't willing to learn about new tech that they probably think is unnecessary

I'm pretty sure freelancers can demand BTC anyway if they're allowed to(unless they're using freelance sites like Fiverr).

I'd say the main reason was that those companies that hire freelancers hate the fact that Bitcoin's volatility is high. It changes from time to time and that it could affect the payment. The transaction is not the problem, it is actually convenient. It's just the volatility.

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February 17, 2019, 02:34:32 AM
 #20

As we know, until now bitcoin is still constrained by various matters, especially those coming from the government because of its value which is considered too volatile.  Until now, we all cannot break this assumption because this's very real. In fact it's unfortunate if the government can only assume that something volatile's a mistake, and should the government can help improve what's lacking or other errors that exist in bitcoin because until now its existence gives more meaning to the lives of the wider community.

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