Moving with the times, LUMA is excited to announce that we will accept payment of consultancy work via Crypto payment such as Bitcoin and Ethereum for UK or worldwide payments.
What is Bitcoin?
Bitcoin is a decentralised digital currency, without a single controller or administrator, which can be sent from peer to peer without the need for a middleman.
But what’s so great about Bitcoin for us? Any business that accepts payment through credit cards or PayPal knows the problem of reverse charges; Bitcoin payments are secure and irreversible, meaning the cost of fraud is no longer on the merchant’s shoulders. We also work with international clients, meaning payments can become a bit of a nightmare; with no extra fees and no banks to wait on, the world is our oyster!
What is Ethereum?
Similarly, Ethereum is a technology that allows you to send cryptocurrency to anyone for a small fee, as well as powering applications that everyone can use, and no one can take down. Ethereum has its own cryptocurrency called Ether or ETH, an equivalent to Bitcoin, that can be used to make a variety of payments.
What’s special about Ethereum? Just like Bitcoin, it’s decentralised, global, and open to anyone; all you need is an internet connection! Peer-to-peer payments are also as easy as handing over cash in person, but can be done anywhere, anytime with no restrictions.
If you’re worried about security, don’t be. Internet money may be a new thing, but it is secured by proven cryptography, meaning your wallet, your ETH, and your transactions are protected at all times.