The EFF analysed ten wearable health device makers: only Apple and Google publish transparency reports on government data requests, and only Apple Watch encrypts biometric data end-to-end.

NEW: Bitcoin Treasury Capital receives approval for 🇸🇪 Sweden’s first BTC-backed preferred offering, issued with a 10% annual dividend, backed by its Bitcoin reserves.

BITCOIN NOW AVAILABLE ON TIKTOK SHOP

Fold eGift Cards are now available through TikTok Shop, allowing users to buy Bitcoin in denominations ranging from $25 to $500.

The gift cards can be purchased using nearly all major payment methods, adding another…

NEW: Bitcoin to bottom around the $38-39K, per NYDIG.

July 16, 2013 (13 years ago)

The Day Namecheap Bet on Zero-Confirmation Bitcoin

The first major registrar to accept Bitcoin didn't just take payments. It delivered your domain before the network confirmed anything and ate the double-spend risk itself. Brief…

2/7 - Namecheap (@Namecheap) announced the move on July 16, 2013 after months of customer requests, saying it was "pleased to announce we've listened to your feedback." @CoinDesk reported it the same day:

https://www.coindesk.com/markets/2013/07/16/domain…

3/7 - The bold part was zero-confirmation delivery. A Bitcoin payment isn't settled until miners include it in a block, roughly 10 minutes at best. Most merchants waited for one to six confirmations. Namecheap activated your purchase the moment the transaction…

4/7 - That opened a double-spend window: broadcast a payment, get the domain, then have a conflicting transaction confirm instead. Namecheap's edge was that domains aren't coffee. A registrar can revoke a name from a cheater afterward, making zero-conf a…

5/7 - Bitcoin users already trusted Namecheap. In December 2011 it turned GoDaddy's SOPA support into "Move Your Domain Day," welcoming thousands of transferred domains and donating over $100,000 to the Electronic Frontier Foundation. Its base was the crowd…

6/7 - Domains were a natural fit. In 2013, registration meant a credit card tied to your legal identity. Bitcoin let a developer or a dissident pay for internet infrastructure pseudonymously, a use case cypherpunks had described since the 1990s.

7/7 - It was part of the merchant wave defining mid-2013 Bitcoin, with the price near $90 after April's crash from $266. WordPress had opened the door in late 2012, then Reddit and OKCupid followed. Each recognizable name lowered the bar for the next company…

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