Daily Poll: Should NameJet Add Bitcoin as a Payment Option? | DomainInvesting.com
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Daily Poll: Should NameJet Add Bitcoin as a Payment Option?

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Someone rekindled an old thread from NamePros last year to ask if NameJet will be adding Bitcoin as a payment option. NameJet’s Scott Pruitt quickly responded to tell him that “Bitcoin payment will not be accepted on NameJet in the immediate future.”

Today’s daily poll asks whether you think NameJet should add Bitcoin as a payment option. It might also be helpful if you share some reasons why the company should add it or why it isn’t necessary.



About The Author: Elliot Silver is an Internet entrepreneur and publisher of DomainInvesting.com. Elliot is also the founder and President of Top Notch Domains, LLC, a company that has sold seven figures worth of domain names in the last five years. Please read the DomainInvesting.com Terms of Use page for additional information about the publisher, website comment policy, disclosures, and conflicts of interest.


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Comments (10)

    Anunt

    Yes add btc.
    I won’t be spending my btc.

    January 29th, 2018 at 11:45 am

    Ryan

    Bitcoin is to slow, and fee heavy, they would just pass on the cost to buyers.

    Something namejet should work on, if they are selling private user domains, they should confirm those domains are at enom, or one of their partner networks before selling them at auction. Don’t have them at Godaddy, then find out they can’t be transferred out, or something is wrong after the fact.

    Management needs to take one across the shins for that.

    January 29th, 2018 at 12:19 pm

    Brad Mugford

    Bitcoin has multiple issues as an actual payment method. There is a reason several companies have dropped it recently.

    To start with the price is too volatile. Also, the transactions are either fast and expensive or slow. Either way it does not work.

    With a slower transaction the price of bitcoin could have moved considerably by the time it is executed.

    At this point Bitcoin’s technical limitations make using it as a payment method impractical for most companies.

    Brad

    January 29th, 2018 at 2:20 pm

    Tim davids

    I voted yes but I think a crypto other than btc will become the best choice for payments. A winner hasn’t emerged yet.

    January 30th, 2018 at 9:01 am

      Talkiah101

      Yup, crypto will continue to envade the Mars and the rest of the planet.

      In reply to Tim davids | January 30th, 2018 at 10:16 pm

      Talkiah101

      Oops
      Envade= Invade

      In reply to Talkiah101 | January 30th, 2018 at 10:21 pm

    CaseyL

    I say not it will just enable off shore money laundering from panama and places like Gilbitar, washing the mobs money while pretending to buy sell domains.

    January 30th, 2018 at 10:29 am

    Steve B

    Provide it as a payment option if they want, but it’s too volatile for my taste.

    January 30th, 2018 at 12:09 pm

    Brad

    Heck yes! It’s the future.

    January 30th, 2018 at 2:39 pm

    Talkiah101

    BitCoinGulden and related crypto.

    January 30th, 2018 at 10:12 pm

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