Wednesday, 3 March 2021

Swiss Media Giant Now Pays Its Employees in Bitcoin

Switzerland-based media behemoth Netzmedien AG is adapting to the new age of money by ditching fiat currencies in favor of crypto. From now on, all 30 employees of the publishing house will receive salaries in BTC, the company’s announcement states.

The decision to receive salaries in BTC was taken by employees themselves who unanimously opted to receive payment in Bitcoin. There was reportedly no opposition from any of the workers. So far, Bitcoin is the only available cryptocurrency, but Netzmedien AG also plans to add multiple altcoins, such as Ethereum, BitCoen and Jesus Coin.

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