Did You Know You Could Legally Change Your Name in Bitcoin?

Many people choose to change their name officially, and this is often done for a variety of reasons. Sometimes people might be unhappy with their name or want to change something about themselves. Whatever your reasoning, you need to make sure this is something you actually want to do and you’re serious about.

 

Changing your name is a big deal and not something that should be taken lightly. Your name is a huge part of who you are, and so you have to be certain that you actually want to change it. Once you’ve made this decision, and you’re absolutely, one hundred percent about it, you need to understand what the process is.

 

Changing your name is something you need to do by deed poll, and, in the UK this is legally binding. You will be given a legal document that proves the name change; perfect for newly-weds who might like to do this. When you use a deed poll, you are making three declarations – one that you are abandoning your previous name, another that you will always use your new name, and on that people only address you by your new name.

 

In the UK you can create your own deed poll, though this is going to take time and effort on your part. The easiest and best approach would be to pay for this to happen. That way someone else takes charge of all the paperwork and legal aspects for you. It only costs around £10, so this is something you need to seriously entertain the notion of doing.

 

Once you have bought the deed poll, you can download or print as many copies as you like. You can also log into the website if you misplace the documents and find more. This is important, and something you have to keep in mind. You should also think about how you’re going to pay for your name change.

 

Because this can be done online now, you will have more of a range of options than you would normally have. So, you can use direct debit, PayPal, credit, or debit card. Or, you can use Bitcoin as well now! This is a cool new feature that has been added in recent years and shows a shift towards a more digital way of thinking about currency.

 

Each name change documents costs around 0.15BTC, and you will receive all the documentation you would expect. Accepting Bitcoin gives potential customers much more choice, and shows an important shift in the power and influence of cryptocurrency as a major currency in the modern world.  

 

How to Accept Bitcoins for Your Business

Running a modern business can be tricky, we all know that. It’s important to make sure you understand that a business needs money to succeed. The first couple of years are crucial, and profit margins are everything. That’s why you need to explore all forms of payments and make sure you get in touch with the economic zeitgeist.

 

It’s pretty clear that the digital world is dominating these days, and you have to make sure you do all you can to embrace this. You can’t run a company these days without having some kind of digital platform to focus on, and this brings us to Bitcoins. They play a big role in the digital world right now, especially as a digital currency. You need to start accepting them as a business sooner rather than later, and here are some ways you can do that.

 

Bitcoin Merchant

 

The first step along the road is to create an account with one of the Bitcoin merchants out there. This gets your business connected and jacked into the world of Bitcoins. This is an essential first step that your company must take before you can begin making money from Bitcoins. There are a lot of popular and appealing Bitcoin merchants, but, we would recommend something like BitPay or BitMerch. These areas reputable and well-respected choices that will help get you started with the process.

 

Payment Processor

 

You will also need a payment processor, so you are able to process Bitcoin transactions with no difficulty. Payment processing companies take charge of things that matter, but things that might be well over your head. Basically, this most definitely takes the hassle out of the Bitcoin process, and you get plenty of benefits. These include things like smaller transaction fees, immediate cash outs, protected payments, etc. So which payment processors should you and your business use? Well, Bitpay and Coinkite are two of the best, and, if you live in the USA, you need to check out Coinbase.

 

Let People Know

 

It’s no good doing all of this if people don’t know you’re accepting Bitcoins as a business. So, you have to make sure you let your clients know that the cryptocurrency is now being accepted. Start with a sign, so customers will be able to see that you are now accepting it. Put it on your website and social networking profiles. You also need to get a merchant solution and allow for mobile scalability.  

 

The Important Advantages and Disadvantages of Making The Leap Toward Using Bitcoin In Your Personal Finances

Advantage-and-disadvantage-of-computer-education-knowledgeidea.com_For those who aren’t aware, Bitcoin is a virtual currency and payment system first introduced in 2008 by Satoshi Nakamoto. Since then, Bitcoin has risen in popularity as supporters and detractors alike continue to debate whether we should begin using the currency in our everyday lives. If all of the hype surrounding Bitcoin has you wondering the same thing, here’s a breakdown of the advantages and disadvantages of using Bitcoin that may help you make a sound decision about whether it’s the right move for you:Bitcoin’s DisadvantagesBitcoin does have great potential to transform the way we do business, but it’s important to note that the system does have some limitations that need to be acknowledged:
Continue reading

An Overview of Bitcoin

bitcoin4Bitcoin is a virtual payment system allowing users instant access to digital currency. The bitcoin is the basic unit of currency for this software program. This digital cash acts as a medium of exchange that can be used in commerce and personal expenditures. A growing number of traditional businesses as well as online companies accept this currency in exchange for goods and services. By learning about bitcoins, choosing your wallet, acquiring bitcoins, and spending bitcoins, you can participate in a peer-to-peer technology network aimed at making commerce easier.
Read more…