Food Chain Everbowl To Let Employees Get Paid In Bitcoin

Food Chain Everbowl To Let Employees Get Paid In Bitcoin
ôîòî ïîêàçàíî ñ : bitcoinmagazine.com

2022-2-24 00:46

The California-based business said the move aims to provide an alternative savings vehicle for its employees.

Corporate employees of superfood chain everbowl now have the option to receive a portion of their salaries in bitcoin, the company said in a press release Wednesday.

“We are proud to be at the forefront of exploring how Bitcoin can be used as an alternative savings vehicle for our corporate employees,” everbowl founder and CEO, Jeff Fenster, said in the release.

The optionality for everbowl’s employees follows a move from earlier this month by the California, U.S.-based company to operate in a Bitcoin standard, a decision that also led to the conversion of the company’s cash reserves into bitcoin.

The company is calling its new functionality a Bitcoin Savings Plan, and everbowl said it expects to launch the option for its corporate employees to get paid in bitcoin next month.

“The plan, slated to launch in March 2022, allows corporate workers to take as much of their earnings in each pay period as they want in Bitcoin,” per the release.

Fenster will be “leading by example” and taking his salary in bitcoin, the release said.

“The highest U.S. inflation rate in four decades and the excessive debasement of the U.S. dollar have contributed to everbowl’s move to become an early adopter of the Bitcoin Standard at the corporate level,” Fenster said. “These situations affect our employees as well, and our position as a high-growth company allows us to be innovative in providing opportunities for our employees to be successful.”

The quick-serve restaurant chain was established in 2016 in Southern California and has since grown to over 50 locations in the state and across the country, including Arizona, Florida, Georgia, Indiana, Missouri, Nevada, Texas, and Utah, among others.

The adoption of a Bitcoin standard could help everbowl propel its business even further. In 2020, Canadian restaurant Tahinis embarked on a Bitcoin standard and converted all of its cash reserves into bitcoin, a move that is paying dividends a couple of years later as the group starts expanding across Ontario.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Mass Vehicle Ledger (MVL) íà Currencies.ru

$ 0.0004619 (+0.29%)
Îáúåì 24H $151.716k
Èçìåíåèÿ 24h: 5.97 %, 7d: -14.12 %
Cåãîäíÿ L: $0.0004526 - H: $0.0004642
Êàïèòàëèçàöèÿ $3.536m Rank 99999
Äîñòóïíî / Âñåãî 7.654b MVL

employees provide move aims savings vehicle said

employees provide → Ðåçóëüòàòîâ: 26


Ôîòî:

Op Ed: A Summary of

In the latest on the ongoing legal dispute between the New York Attorney General (NYAG), cryptocurrency exchange Bitfinex and stablecoin issuer Tether, the New York Supreme Court has modified an April 24, 2019, preliminary injunction and now Bitfinex is allowed to continue using the Tether reserves that were loaned to it to maintain its ordinary course of business, such as paying employees and consultants.

2019-5-18 22:14


Ôîòî:

As Court Reconvenes for QuadrigaCX, Questions Surround Empty Cold Wallets

As QuadrigaCX’s legal counsel descends on the courtroom in Halifax, Nova Scotia, for another round of legal proceedings, the court monitor’s third report on QuadrigaCX’s finances — specifically its revelation that the exchange’s cold wallets are empty — lays out some hopeful avenues for fund recovery — and some frustrating dead ends.

2019-3-5 20:20


Meritocratic Lab. ICO

Meritocratic Lab. born from the desire to spread a new concept of meritocracy and recognition of talent and commitment in contemporary society. Within our Marketplace, through the agreement with our business partners, we provide and publicize goods and services that can be purchased with an ERC20 token, called “MRC”, created specifically for the MeritocraticLab ecosystem, based on Blockchain Ethereum.

2018-12-22 12:33