ALBUQUERQUE, N.M., May 13, 2013 /PRNewswire/ -- Law 4 Small Business, P.C. (L4SB, http://www.L4SB.com) recently announced that it now accepts the popular digital currency Bitcoin for the payment of legal services.
Bitcoin represents an exciting new form of payment: Digital Currency
"We have grown fast over the past couple of years," says Larry Donahue, founder and attorney of L4SB. "And, I attribute much of our growth to listening to our clients, many of whom say they want cost-effective legal services with flexible payment terms and options. Adding Bitcoin to our mix of acceptable forms of payment increases the options available to our high-tech, small-business clients."
Bitcoin is a decentralized virtual currency that doesn't have a centralized banking system, manager, owner or other controlling mechanism. It doesn't have a "gold standard" or other physical mechanism to control or manage value. Instead, the Bitcoin currency exists solely as ones-and-zeros within computer algorithms, memories and digital wallets. "It's not for the faint of heart," says Larry, "as its value fluctuates greatly and there is quite a bit of disinformation on its susceptibility to hacker attacks and manipulation." Despite general misinformation out there about Bitcoin and other digital currencies, L4SB believes digital currency represents the future of e-commerce.
About Law 4 Small Business
Law 4 Small Business (L4SB, http://www.L4SB.com), New Mexico attorneys serving many other jurisdictions, is a law firm with advice and help tailored and priced specifically for small businesses. L4SB provides flat-rate contract review and day-to-day legal assistance regarding business law, contracts, trademarks, copyrights, trade secrets, e-commerce / Internet law, HR / employment law and corporate formation. Always open, L4SB is happy to accept Bitcoin (and other forms of payment, including PayPal and credit cards) without retainer fees.