Just saw this on Twitter. It was a "promoted" tweet, meaning they paid to have this show up at the top of peoples' feeds, including non-followers:
As it so happens, Namecheap is the domain registration company I've been using for the last few years. This is very interesting news.
Though it may appear in threads like this that I'm a bitcoin fanboy, I've really been on the fence about it. I never felt comfortable converting any significant amount of money to BTC. The only bitcoins I ever owned were $100 worth, which I blew most of at SWC over a few weekends, just drinking and gambling with it. Fortunately, my leftover balance is worth about $100 again. Heh.
Anyway, I'll admit that I'm starting to come around. It's certainly possible that the government could step in at any time and obliterate the value of bitcoin. I recognize that this may very well all come crashing down in a year or two. But I think it's reaching a point where you can no longer say that this is being propped up by drugs and black markets. Namecheap is just the latest in a series of reputable companies that make bitcoin transactions. It's starting to go mainstream. If this trend continues, and bitcoin becomes a widely accepted payment option for online retailers, I'm most likely going to jump on board.
A lot of people hate dealing with PayPal, but are stuck with it because there aren't really any viable alternatives. It's almost a monopoly. I'm always worried that PayPal is going to freeze my account for some arbitrary reason, which they are notorious for doing. I try to keep my balance there as low as possible. As a consumer, PayPal is mostly okay. As a recipient of funds, it can be a nightmare, and a scammer's paradise with fraudulent chargebacks. I'm still not comfortable buying into bitcoin, but I feel like the day that I fire PayPal may be approaching.