Chilean startup Orionx will start paying its workers in Bitcoin

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Orionx seeks to encourage savings and instill the value of the blockchain and cryptocurrency ecosystem in its workers and for this it will provide them with the probability of receiving their salary or part in Bitcoin (BTC).

The Chilean startup Orionx announced that since the end of November it made possible the option for any employee to request their salary or a section in Bitcoin (BTC), an idea that seeks to encourage savings and show as an example the cost that blockchain technology produces.

Here's how Orionx co-founder Joel Vainstein unveiled it:

"It is a fact that they have many comparative advantages if you want to bring ingenuity from abroad or work from Chile to the planet. Therefore, this idea also seeks that: to be an experience that provides precedents in this change of financial paradigm. Despite the lack of regulations in the crypto industry in the territory, we ourselves are available to help as professionals to promote regulation. "

The company's co-founder, Joel Vainstein, has made it known that he will receive 90% of his salary in Bitcoin for the next 3 months. The decentralized platform has 17 cryptocurrencies and plans to integrate 3 more antecedents by the end of the year (Polkadot, Cardano and Solana).

Cryptocurrencies are widely recognized in Chile, because, in September, the president of the Central Bank of Chile, Mario Marcel commented on the formation of a labor group to carry out a plan on digital means of payment in the territory, and in Through the study topics are the goals, requirements and regulations for the development of a digital currency issued by the central bank, which will have a use similar to classical money.

Bitcoin continues its spread in Latin America

The announcement made by the Chilean startup was born when the Chilean Senate will discuss a Bitcoin law plan in the coming weeks, an agenda promoted by senator-elect Karim Bianchi. Meanwhile, other territories maintain the dispute over a digital currency or organizations that adopt Bitcoin as a payment procedure.

This is how the co-founder of Orionx refers: "For now, there are no laws that regulate the payment of wages in crypto assets or their taxation, however, letting much more time pass without a legal framework will be fatal for Chile. We ourselves seek to promote approval of digital assets as they continue to be backed by investment giants, central and private banks, and local giants like New York and Miami.

Cryptocurrencies and in particular Bitcoin set a trend this year in Chile, as even the non-governmental organization Bitcoin Chile announced the origin of the Chilean platform Krypto Ledgers, which will focus on calculating the taxes of individuals and physical organizations, or both the merchant and the eventual investor, however, in Bitcoin (BTC) without displacing assets from the portfolio.

The also member of the non-governmental organization Bitcoin Chile, affirms that among his resolutions are that the merchant will be able to calculate his earnings in his wallet, with taxes, if the transaction is carried out between 2 territories, in addition to having the probability of having their applications synchronized at all times.

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