The problem with BTC being used for payment of goods is that it is often both a Fiat source currency as well as fluctuating investment. Imagine paying .012568 btc one day for a cup of coffee, then the next day it's value goes up 10%. Now I lose that value (what? I just paid $10 for a cup?) Or goes down (OMG if I sold that cup of coffee (read, sold a domain name)I just lost money (cash value). When BTC was $100 I thought it was too expensive & decided to wait. A month later it had skyrocketed to over $1000. Was I a dummy for not acting fast? Yes. But imagine how pissed off I would have been if I bought a $10 domain when bitcoin was at its $100 price? It would have turned out I'd just paid $100 for for a $10 domain. THAT is why DD does not take BTC.
You are welcome. I wouldn't even mind writing up a little piece on the matter, so that DD members can be better informed. I mean, a young tech guy buys 2000 BTC for $29.00 just for fun, when BTC just came out & forgets about it. Imagine his surprise to discover a few years later to wake up to being a millionaire. LOL!! But now the blockchain is very long; mining for BTC barely giving value for time put in -- meaning superfast computer investment not paying as much. Generally speaking. Down to $220 a year ago, now near $600, having been a a Bull run for past few days, up $40. Oy!!http://bitcoinist.net/category/bitcoin-breaking-news-brief/ gives a good sense of the problems around the world the past year or so, with break-ins and simple mistakes losing millions. etc.
I suppose if someone was hiding his/her identity behind several domains, all info falsified, then YES BTC is perfect, because you cannot trace the identity of the transaction. Else why would anyone use BTC for a domain purchase? Dynadot has far far superior tools totally less expensive than most. If that doesn't mean anything to you (it doesn't have to), well fine, on your way then. LOL.
Why anyone would use BTC for domain purchase (or any purchase): They bought their BTC at 500-1000 X less. In other words, using BTC at its current value (about $600) would mean you would have had to buy it at $60. Then THAT is great! I would suppose anyone could convince themselves, if they bought for $300, everything they purchase is 50% off. True. Luagh yourself to the bank. But for most of us, who did not act timely, are in the dumptser
Bitcoin