In the Netherlands, Domino’s staff can be paid in Bitcoin
by: Dynasty GI2021-06-03
The owners of sixteen Domino’s franchises in the Netherlands are offering employees the option to have part of their wages paid in Bitcoin.
The move was designed to engage workers, mostly students, in learning more about the financial market.
According to the specialist site The Block, the Dutch company announced the move on the 22nd of May, a day known as ‘Bitcoin Pizza Day’ as it was on this date in 2010 that Bitcoin was first used to complete a purchase. At the time, 10,000 Bitcoins (BTC) were needed to buy two pizzas at the US chain Papa John’s. Today, the same number of Bitcoins buys a lot more pizzas, being value at over US$ 300 million.
"“It is an interesting initiative because it creates more familiarity with the crypto world and, especially, the blockchain technology that is behind cryptocurrencies and will continue to have an impact on many sectors and activities”, said Lucas Costa, the Marketing Director at Dynasty Global Investments AG. With time, he believes it will be essential to understand cryptocurrencies and blockchain."