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Ask HN: Remote jobs that pay USDT/etc.

6 points by wruza 4y ago

I see some options in search results, but would like to know if anyone here works this way (either full time or freelancing), why, on which platform, and how this area compares to fiat jobs market. Thanks! (Disclosure: My interest is legal-based. I live in Russia with all the ensuing consequences.)

throwaway4good 4y ago
Websites like freelancer.com used to have plenty of Russian freelancers. I don't know if Russians now are barred from these sites? If maybe there is space for a crypto-based alternative? Though as a hiring business I would need to be able to have my expense as a proper business expense.
guilherme-puida 4y ago
I know someone that works for a crypto company that pays in USDT. The pay is very good, and since we're not from the US it's easier than being paid in fiat currency. I'm not able to compare whether is better or worse, though.
- avinassh 4y ago
  Can you share the company name
  - guilherme-puida 4y ago
    I don't feel too comfortable sharing it here. Hit me up on the email address in my profile.
jokethrowaway 4y ago
I have a friend who does on websites like dework. It works fine, the only risk is that USDT is not actually dollars, you have no guarantees on the backing of the currency and it could collapse at any time. I think it's fine as a way to get paid but personally I'd convert to safer havens immediately. Best of luck!
rchaud 4y ago
Out of interest, how is USDT converted into usable currency? Do you have to use USDT to buy some other cryptocoin, then convert back into fiat?
- wruza 4y ago
  I know people who can convert to fiat or wire RUB via garantex regardless of kyc/sof for a reasonable fee, but not sure where that sits on a legal spectrum (as too many things here, I don’t even bother asking, neither does anyone else). Not sure how it would work for just a person, will probably involve some risk and trust.
jbglenn 4y ago
Employers should look into reserve.org. They use an RSV collateral-backed stable-coin and it's being adopted by hundreds of thousands of real-world non-crypto people and companies as a hedge to inflation, and is being used by their employers for payroll. Peter Thiel from PayPal is a founder. Venezuela is using it all over and other Latin American counties as well. Adoption is spreading and all these people finally have a viable hedge to inflation, which btw was announced at 9.1% today!!
- hoffs 4y ago
  Lol

6 points by wruza 4y ago

throwaway4good 4y ago

Websites like freelancer.com used to have plenty of Russian freelancers. I don't know if Russians now are barred from these sites? If maybe there is space for a crypto-based alternative? Though as a hiring business I would need to be able to have my expense as a proper business expense.

guilherme-puida 4y ago

I know someone that works for a crypto company that pays in USDT. The pay is very good, and since we're not from the US it's easier than being paid in fiat currency. I'm not able to compare whether is better or worse, though.

avinassh 4y ago
Can you share the company name
- guilherme-puida 4y ago
  I don't feel too comfortable sharing it here. Hit me up on the email address in my profile.

jokethrowaway 4y ago

I have a friend who does on websites like dework. It works fine, the only risk is that USDT is not actually dollars, you have no guarantees on the backing of the currency and it could collapse at any time. I think it's fine as a way to get paid but personally I'd convert to safer havens immediately. Best of luck!

rchaud 4y ago

Out of interest, how is USDT converted into usable currency? Do you have to use USDT to buy some other cryptocoin, then convert back into fiat?

wruza 4y ago
I know people who can convert to fiat or wire RUB via garantex regardless of kyc/sof for a reasonable fee, but not sure where that sits on a legal spectrum (as too many things here, I don’t even bother asking, neither does anyone else). Not sure how it would work for just a person, will probably involve some risk and trust.

jbglenn 4y ago

Employers should look into reserve.org. They use an RSV collateral-backed stable-coin and it's being adopted by hundreds of thousands of real-world non-crypto people and companies as a hedge to inflation, and is being used by their employers for payroll. Peter Thiel from PayPal is a founder. Venezuela is using it all over and other Latin American counties as well. Adoption is spreading and all these people finally have a viable hedge to inflation, which btw was announced at 9.1% today!!

hoffs 4y ago
Lol