If you do leave a tip in Bitcoin at steak n shake, would the employee receive the dollar amount via paycheck? And , would that be a taxable event? What if they find out the tip I gave them in bitcoin hoes up in price more that if they take the dollar amount. It's something worth asking.
I think the gears will be turning in the employees minds. Stuff they haven't ever had to think about before. Maybe it's what they need to adopt btc.
I never tip if it's a corporation. Steak n Shake is a corporation. They have lots of money and only implement tipping at their checkout because data shows people will tip out of guilt and habit.
I don't trust corporations and no with the no tax tipping they will find a way to pay their employees less or something.
Only support tipping at places like a bar, restaurant or small locally run business.
I suspect Bitcoin will eventually end this tipping nonsense and the business will pay their workers a decent wage.
You mean publicly traded? Because every restaurant youve been to was like incorporated.
I mean corporations who use fiat money to borrow and expand and not care about profitability.
Corporations like:
Subway which is a private corporation and McDonald's which is a public traded corporation.
Both those corporations are scummy. Almost all corporations are scummy and they won't exist going into the Bitcoin standard.
We just ate at Steak ‘n Shake on our family road trip. We ordered at a kiosk and didn’t have an option to tip. That said, the burgers did taste like freedom. So there’s that.
This is why I am excited by Misty Breez wallet. I want an easy way to tip the employee without going through a financial institution. So far, this is easy.
If it automatically converts to dollars then there is no gains tax
