Agency to Accept Bitcoins as Payment

(MediaPost) Well this might be a first. Jacksonville, Fla.-based agency 5ivecanons has decided it will accept bitcoins as payment for its work.

Bitcoins, as you may have heard, are all the rage and are basically a form of digital currency (with a physical element as well) that is “mined” from digital servers without connection to a financial institution. Yeah, we know. Google it.

Anyway, of the decision to accept this new form of currency as payment, 5ivecanons president and creative director Adam Shaffer said, “Can we create an award-winning TV spot with Bitcoin? Yes, we can. Do we think that anyone will really do this in the next few weeks or years? Probably not.”