Editor's Note: This article comes fromCointelegraph Chinese (ID: CointelegraphChina), reprinted by Odaily with authorization.

Editor's Note: This article comes from

Cointelegraph Chinese (ID: CointelegraphChina)

, reprinted by Odaily with authorization.

British cryptocurrency mining firm Argo Blockchain revealed on Wednesday that its chief executive, Peter Wall, is now the first public company executive to be paid his entire salary in bitcoin.

In an update to its February operations report, Argo (listed on the London Stock Exchange under the ticker symbol ARB) said that starting Monday, Wall began receiving his salary in cryptocurrency, "which any other Argo team member can choose to pay in cryptocurrency." Pay some or all of your salary in Bitcoin.”In an interview with Cointelegraph, Wall said it was an unremarkable decision for Argo, which mined 129 bitcoins last month and currently has 599 bitcoins.。

"I actually wake up in the middle of the night and ask myself, 'Why am I being paid in fiat?' Why don't we start paying in bitcoin?" Wall said.

Wall pointed to NFL player Russell Okung as another source of inspiration. Late last year, several media outlets reported that Okung was paid a portion of his salary in Bitcoin;Use a service to convert your own salaryArgo, by contrast, actually pays Wall in Bitcoin directly from the company's vaults. Wall reports there has been "very strong interest" from employees, and he expects employees to be "particularly receptive" to the offer. Employee salaries will continue to be denominated in fiat currency, with conversion rates calculated using Satstreet's exchange rate.

Employees aren't the only ones interested. Wall joked that some shareholders have

Asked about paying dividends with Bitcoin

-- which could be an insurmountable legal hurdle -- he added, some other company leaders welcomed the move.

Given its utility as a store of value and its scarcity, Bitcoin is an ideal way to capture at least some of your wages, Wall said.