> because processing it was much easier for me, no hassles, no paperwork
Are you saying the payment was completely off the books? That doesn't seem to match "employees"...
Are you saying the payment was completely off the books? That doesn't seem to match "employees"...
But the real situation is a little softer, because of course I will be more flexible if a contractor seems to be good and of course they will be more flexible if I have been playing reasonably and fairly with them. Decent people feel happier behaving this way, and wouldn't we all be damn stupid if we didn't behave like decent humans? I try my best to avoid doing business with stupid people.
So that paperwork is one of the hassles that we save. Sending payment is one-click. Then it's done and there's no possible undoing.
Bank payments can be denied, reversed, routed strangely, delayed or something else. Bitcoin is more binary; either it works instantly or it fails and you know it. There's not so much doubt about it. Though high transaction fees for a few weeks last year did introduce more uncertainty, that is true.
Anecdote: Out of hundreds of small monthly salary payments I've sent out, I've only once had a big problem. What happened there was that the payee said she hadn't got it, but the blockchain said it was sent and confirmed.
Of course I certainly trust the blockchain to tell me the truth. More than I trust a bank. Who wouldn't?
I think the payee's computer had probably been malware hacked. (So I told her how to clean her PC and then I sent the same payment again as a one-off favor and that was ok, no further trouble and we still work together today).