Everbowl Offers Bitcoin as a Salary Option for its Employees
Staff at everbowl TM, the California-headquartered artisan superfood eatery franchise, may now participate in the firm’s Bitcoin Savings Plan. Corporate-level workers may soon be eligible to obtain a portion or all of their paychecks in Bitcoin as a result of everbowl’s latest statement that it is adopting the Bitcoin (BTC) Standard.
Everbowl, founded in 2016, is a Southern California-based quick-service chain of restaurants with more than 50 locations in California, Arizona, Florida, Georgia, Indiana, Missouri, Nevada, Oregon, South Carolina, Texas, and Utah, and has plans to open an additional 130+ locations in Colorado, Idaho, Louisiana, Texas, and North Carolina in the forthcoming three years.
According to the company’s CEO Jeff Fenster (@fensterjeff), “We are happy to be the vanguard of studying how Bitcoin can be utilized as an innovative savings asset for our company workers.” The scheme, which is scheduled to debut in March 2022, would enable company employees to receive as many Bitcoin as they wish throughout each payday. Fenster will serve as an example by electing to receive his income in Bitcoin.
“The steep rise in inflationary pressure in over forty years and the severe debasement of the greenback have influenced everbowl’s decision to transform into a premature corporate user of the Bitcoin Standard,” Fenster stated.
“These circumstances also influence our workers, and our status as a fast-growing firm enables us to be creative in creating possibilities for our staff to succeed.”