Daily Poll: Should NameJet Add Bitcoin as a Payment Option?

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.

Elliot Silver
Elliot Silver
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 closed eight figures in deals. Please read the DomainInvesting.com Terms of Use page for additional information about the publisher, website comment policy, disclosures, and conflicts of interest. Reach out to Elliot: Twitter | Facebook | LinkedIn


  1. 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.

  2. 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.


  3. 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.

Leave a Reply

Recent Posts

Lucky Break

A few years ago, I made an offer to buy a one word .com domain name. My offer was reasonable, but it was a...

Zoom Moving from Zoom.us to Zoom.com (for Email)

During the early days of the pandemic in 2020, Zoom became a household brand name. People were able to communicate across the world via...

15 Domain Investing Tips from Squadhelp CEO

In case you missed it over the Thanksgiving holiday, Squadhelp CEO Darpan Munjal posted a long thread on X to share some domain investing...

Namecheap Black Friday & Cyber Monday Domain Name Sales

In a press release I received yesterday morning, Namecheap announced its upcoming Black Friday and Cyber Monday sales. Of particular interest to domain investors...

Precise.ai Reportedly Sold for $110k

This morning on X, Andy Booth reported the sale of Precise.ai for $110,000. He reportedly acquired the domain name for less than $10,000 a...