Famous American fast-food chain Steak 'n Shake announces a bold compensation innovation — starting from March 1, all hourly employees at company-operated stores will receive Bitcoin as an additional reward. Specifically, for each hour worked, employees will earn an extra BTC worth $0.21.
However, there is a noteworthy restriction: these Bitcoin rewards require a two-year vesting period before employees can officially claim them. This design not only incentivizes long-term retention but also gives employees the opportunity to participate in crypto assets.
This plan marks a shift as traditional businesses begin to embrace Bitcoin payments. Against the backdrop of Federal Reserve policy adjustments and changing macroeconomic expectations, more and more companies are exploring the possibility of using cryptocurrencies as employee benefits. For those interested in the practical implementation of Web3 applications, this is undoubtedly a signal — Bitcoin is moving from a purely financial asset to practical business applications.
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LayoffMiner
· 43m ago
Damn, even fast food chains are starting to pay with Bitcoin. How optimistic does that make you feel?
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Two years to withdraw? This trick is just like stock options, just trying to lock people in.
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0.21 USD per hour of BTC, at the current price, how long would it take to break even? Or are they betting on Bitcoin's rise?
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Traditional businesses embracing Bitcoin sounds very Web3, but honestly, they just want to use crypto concepts to keep workers.
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Wait, is this paying employees or a disguised pay cut? Can't tell the difference.
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Finally, some company is actually doing this, but I'm more curious whether employees care about this 0.21 USD worth of BTC.
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Two-year vesting period. If BTC drops by then, employees won't have anywhere to cry.
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So, our miners' mined coins are being given out as employee benefits by fast food chains. How ironic is that?
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LidoStakeAddict
· 01-21 08:24
I think it's just another gimmick to harvest retail investors. It takes two years to get it, but who knows what the price will be then...
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NFTDreamer
· 01-21 04:09
It takes two years to withdraw? Isn't this just a disguised lock-up? By then, Bitcoin might have already plummeted to nothing haha
Wait, can hourly employees stick it out for two years... This logic is a bit absurd
Honestly, I still support this direction. Although $0.21 is a bit low, more and more companies are daring to take the plunge
Traditional companies are finally starting to enter the market, BTC is not far from going mainstream
Two-year vesting period? What if I leave... Haven't thought it through
The real large-scale application is coming, it feels like the era has changed
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DecentralizedElder
· 01-21 04:08
Wait, it takes two years to withdraw? I've seen this trick before, it's just to prevent employees from cashing out and crashing the market.
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OfflineNewbie
· 01-21 04:08
It takes two years to get it? This feels like a disguised "bounced check"…
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TokenCreatorOP
· 01-21 03:57
Wait two years to get it? Isn't this just a disguised lock-up? What's the employees' goal?
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GweiWatcher
· 01-21 03:52
Oh no, even fast-food restaurants are issuing tokens now. These days, workers need to understand some blockchain knowledge.
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AirdropJunkie
· 01-21 03:45
It takes two years to get it? It just feels like a pie-in-the-sky promise to employees. When the token price drops, you won't be able to smile anymore.
Famous American fast-food chain Steak 'n Shake announces a bold compensation innovation — starting from March 1, all hourly employees at company-operated stores will receive Bitcoin as an additional reward. Specifically, for each hour worked, employees will earn an extra BTC worth $0.21.
However, there is a noteworthy restriction: these Bitcoin rewards require a two-year vesting period before employees can officially claim them. This design not only incentivizes long-term retention but also gives employees the opportunity to participate in crypto assets.
This plan marks a shift as traditional businesses begin to embrace Bitcoin payments. Against the backdrop of Federal Reserve policy adjustments and changing macroeconomic expectations, more and more companies are exploring the possibility of using cryptocurrencies as employee benefits. For those interested in the practical implementation of Web3 applications, this is undoubtedly a signal — Bitcoin is moving from a purely financial asset to practical business applications.