Author

Topic: Domain name backed currency (Read 906 times)

sr. member
Activity: 280
Merit: 250
June 11, 2011, 02:56:03 PM
#1
Namecoin is theoretically domain name backed.

If bitcoin takes a knock in the short run, namecoin could succeed by proxy on it's behalf for a while.

IE exchanges set up to buy domain names (50 namecoins a shot) proxied through exchanges that can clear namecoins for bitcoins without bank verifications. Or just keep trading the namecoins if people will accept them.
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