Namecheap now officially accepts Bitcoin

Post by eduardordm » Tue, Mar 05, 2013, 1:11 PM UTC

chc wrote: post #18

eduardordm wrote: post #13

Because bitcoins are illegal in my country, I'll keep my personal domains on namecheap but will certainly move my company domains out of there until I figure out if there's a chance I have problems with this. I like bitcoins just like everyone, but there are laws you need to abide by and bitcoins are illegal in many countries.

I don't see your concern being very realistic. I very much doubt doing business with a foreign company that accepts Bitcoins is illegal in any country as long as you yourself are not involved in Bitcoin trade. I mean, obviously you can be as cautious as you want, but it seems unreasonable to assume that NameCheap is forcing any liability onto its customers.

Post by josephagoss » Tue, Mar 05, 2013, 2:09 PM UTC

eduardordm wrote: post #136

josephagoss wrote: post #101

Earlier quoted context omitted.

Sorry dude, you have several people asking you what country your in and you give no answer. What you said (That Bitcoins are illegal in your country) is complete FUD until you provide some proof. As far as I am concerned, until you tell us where your country is, it seems your trying to damage namecheap's and /or Bitcoin's reputation for no reason. Please provide the country and law cited. Cheers.

My country is in my contact information, I didn't answer because I went to sleep. This is the law that complete forbids using any currency other than the national for internal commerce and disposes about how forex must work, which bitcoins do not comply. http://www.planalto.gov.br/ccivil_03/LEIS/L4595.htm This is a case where people were using dollars to pay for national contracts: http://jus.com.br/revista/texto/856…

Post by Muromec » Tue, Mar 05, 2013, 2:32 PM UTC

gibybo wrote: post #60

Well, I just tried to transfer one of my domains to Namecheap using Bitcoin, but their implementation leaves a lot to be desired. I filled in my domain, got to the checkout page, and it gave me three options: Pay from 'Funds', 'Credit Card', or 'Paypal'. Turns out in order to pay with Bitcoin, you have to first add 'Funds' to your account. So I click the link to do that, it asks me how much I want to add (I don't kno…

Post by Muromec » Tue, Mar 05, 2013, 2:41 PM UTC

teoruiz wrote: post #114

It's a great step towards domain anonymity, but at the end of the day Namecheap is a company in the USA that needs to comply with USA law and its enforcers. And we know it's not the most privacy-friendly country in the world. To be fair, registering a .com domain is a bad idea if you want to stay anonymous. Go for a .is, a .ch or even a .eu.

Post by [deleted] » Tue, Mar 05, 2013, 2:45 PM UTC

score wrote: post #112

I seems the overall useage and popularity of bitcoins has gone down though. I haven't had a single purchase with bitcoins in about a year at Flow and Zone Games ( http://flowandzonegames.com ) and that's quite a change from the one-a-week clip before. I don't understand the currency so maybe I'm overpricing.