Categories: Crypto News
| Published On Jan 8, 2015 8:48 am CET  |  Updated on May 2, 2021 2:27 pm CEST | By Daniel Allermand

Amagi and Bitwage in Salary Partnership

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Amagi Metals, a company who sells precious metals such as gold, silver and cobber, has partnered up with the Bitcoin payroll processor Bitwage to process all of their staff’s salaries in Bitcoins, CryptoCoinNews.com reports today.

The staff of the company has the choice of receiving their entire salary in Bitcoins or receive a part in Bitcoins and a part in fiat-money, but it is no longer possible for them to receive fiat-money only. The reason for the move to Bitcoin as a payments solution for their employees was that that they believe that it is the future of currencies and wants to adopt it as early as possible.

Furthermore the company believes so much in the father of cryptocurrencies, that they are looking to stop accepting US Dollars by 2017 and replace it with Bitcoin altogether. Companies believing in the Bitcoin like this are those who will help keeping the coin alive and boost it to more businesses around the world.

The Amagi Metals team is innovative, not just in the goods and services it delivers, but also in the realm of benefits and payroll. Amagi Metals is leading a new era for Bitcoin adoption as one of the first companies to leverage Bitcoin to improve payroll efficiency while cutting operational costs. Chief Strategic Officer of Bitwage, Jonathan Chester said.

Daniel Allermand

Daniel Allermand is a freelance writer, with more than 14 years of experience in the industry as an operator, affiliate and poker player. Daniel has decided it was time to try and bring more coverage about the industry to the general public by writing articles about everything from poker to casino.