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Namecheap now officially accepts Bitcoin

namecheap.com

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Re: Namecheap now officially accepts Bitcoin

#31

Post by paulnechifor »

Frozenlock wrote: post #15
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.

Do tell more! I was unaware of any country having officially stated Bitcoin as illegal.

I too don't know of any such country, but he might be living in a country that bans all foreign currency. (That's how it was in communist Romania.)

Re: Namecheap now officially accepts Bitcoin

#32

Post by [deleted] »

rwg wrote: post #30
redegg wrote: post #19

Earlier quoted context omitted.

Providing falsified WHOIS information will only harm the registrant.

How? I keep valid contact information in the WHOIS records for my domains, and all I get out of it is e-mail spam from my registrar, e-mail spam from everyone else, snail mail spam from my registrar, snail mail spam from competing registrars (Domain Registry of America, anyone?), "SELL YOUR DOMAIN TO US!" robocall spam, and yearly ICANN WDRP e-mails from my registrar.

[deleted]

Re: Namecheap now officially accepts Bitcoin

#33

Post by krasin »

BoyWizard wrote: post #22
toomuchtodo wrote: post #16

Earlier quoted context omitted.

Except its now legal for merchants to tack on a surcharge for you paying with credit (as it should be). Online merchants will absorb the cost of processing credit cards, as they aren't going to wait for a check in the mail. But physical merchants that can accept cash and are now allowed to recoup that 3%? I can see certain groups of people migrating away from plastic if it increases the cost of their goods/services i…

If I have a problem with an online purchase that I can't sort out with the merchant, my bank is more than happy to compensate me for it. Not possible with Bitcoin.

Escrow services do exist for Bitcoin.

Re: Namecheap now officially accepts Bitcoin

#34

Post by n3rdy »

Skoofoo wrote: post #14

Neat, but will they turn a blind eye to domains registered with false information? After all, the biggest advantage of Bitcoin over traditional digital payment methods is its capability to be used anonymously.

> Neat, but will they turn a blind eye to domains registered with false information?

I imagine in the future internet, domain registrations will be just as anonymous (like .onion on tor) as bitcoin, no reason domain names can't be decentralized (different tld's of course).

Re: Namecheap now officially accepts Bitcoin

#35

Post by n3rdy »

Frozenlock wrote: post #15
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.

Do tell more! I was unaware of any country having officially stated Bitcoin as illegal.

> Do tell more! I was unaware of any country having officially stated Bitcoin as illegal

Bitcoin itself may not be illegal, but the encryption schemes may be illegal for private citizens to use in some countries, especially ones that don't want their citizens communicating in secret.

Re: Namecheap now officially accepts Bitcoin

#36

Post by geuis »

lowglow wrote: post #9

Hey all! I'm trying to build a domain registrar we'd actually love to use. Does bitcoin really appeal to you as a user? I'm trying to find a list of must-haves and want-to-have features to bake into my project.

Honestly, a good reputation is the primary feature I care about. Don't be super expensive, on par with Namecheap and godaddy. And don't make the interface bloody complicated. GD is the worst, Namecheap is better but needs work. And make it incredibly easy to move my domains in and out.

Re: Namecheap now officially accepts Bitcoin

#38

Post by rwg »

dangrossman wrote: post #25
dubcanada wrote: post #8

Earlier quoted context omitted.

I suppose that's kinda bad for drop catching, but regular domains take 24 hours to be useful anyways. So its not that bad :)

> regular domains take 24 hours to be useful anyways It only takes about 10 minutes for a new registration to go live with most registrars. If you set your DNS servers during the purchase and have the zones ready from the get-go, your domain is resolving on the web immediately.

s/on the web/on the Internet/

twitch :-)

Re: Namecheap now officially accepts Bitcoin

#39

Post by hmsimha »

tedsanders wrote: post #37

Accepting a volatile currency seems risky. What if bitcoin drops and I fill register domains on the cheap? Is there a way to prevent this? Are the prices somehow pegged to the dollar?

Well every currency is volatile isn't it? I guess (if namecheap is a us-based company) they're bitcoin price would fluctuate just as the bitcoin does in relation to the usd.

Re: Namecheap now officially accepts Bitcoin

#40

Post by dmix »

bmiranda wrote: post #10

The price of Bitcoin is currently hovering around 37 USD. I remember when Bitcoin was $2.00 after the first crash, I never expected it to rebound so quickly. Announcements such as Namecheap's lend credence to the current price, but I would not be surprised if a correction brought Bitcoin below $30. Regardless, I am excited that there are more places to spend Bitcoin each and every day.

Well I don't think any average person is really keeping large amounts of money in bitcoin.

It has mostly a transactional since the use cases are so niche.

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