National law firm Frost Brown Todd accepting bitcoin for payment
CHARLESTON – Frost Brown Todd is among the first law firms in the country to accept bitcoin.
“We began accepting bitcoin last month after receiving requests from multiple clients that we do so,” attorney John Wagster told The West Virginia Record. “For clients who have bitcoin, making payments in bitcoin is cheaper, faster and easier than sending a wire or mailing a check.”
The Nashville attorney said Frost Brown Todd does a considerable amount of work for clients working with blockchain technology, the method that powers bitcoin and other cryptocurrencies.
“Many of our blockchain clients use bitcoin in their everyday businesses; it is actually easier and more efficient for them to pay us in bitcoin than in fiat currency,” Wagster said.
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