The concept of bitcoin, a virtual online currency, has been in the news in 2011. The good news is that it has been somewhat stable, received media attention, and survived an attempted hack (arguably better than major corporations and some nations). The bad news is that it remains a shadow-currency with no backing and some inherent risk. But there are a handful of firms reportedly accepting bitcoin. Will you?
Read the September 2011 article, “Will Your Law Firm Accept Bitcoin?” from the Palm Beach Bar Bulletin.