#424: Bradley Kam on Crypto Payments
11/6/2020 · 34 min · transcript via mlx
Tags
Key topics
— Unstoppable Domains builds blockchain-based domain registries stored in user wallets, enabling true ownership and control of domain names without intermediaries like GoDaddy.
— Human-readable crypto payment addresses (e.g., pomp.crypto) simplify Bitcoin and cryptocurrency transactions compared to long alphanumeric wallet addresses.
— Twitter verification using oracles allows users to link verified Twitter handles to crypto addresses, reducing fraud risk and building confidence in payments.
— The decentralized web prioritizes user control of data and content, contrasting with centralized platforms where companies control and monetize user information.
— Alternative browsers like Opera for Android and Brave are enabling native access to blockchain domains before major browsers like Chrome adopt them.
— Future use cases include DAOs controlling domain names collectively, micropayment and unbundling of content, and peer-to-peer encrypted messaging.
Market & price signals
— None discussed.
Actionable insights
— Purchase a blockchain domain now at unstoppabledomains.com while desirable names remain available; once sold, they cannot be re-minted and are scarce like traditional domain names.
— Use blockchain domains for crypto payments and content hosting to reduce transaction friction and eliminate reliance on centralized platforms that may censor or restrict your activity.
Episode sponsorships
Paid placements mentioned in this episode. BTC Pods is not sponsored by or affiliated with these advertisers. Links are included so you can find offers mentioned on the show.
— Nifty Gateway is an official sponsor of the Pomp Podcast that releases content from the best NFT artists in the world twice weekly, featuring world-famous artists including Kenny Scharf, Trevor Jones, and WhIsBe. NFTs on Nifty Gateway are in extremely high demand, so you should create an account and participate in auctions or search the secondary market at http://www.niftygateway.com.
— Diginex is the first company with a cryptocurrency exchange to be listed in the United States. That exchange, EQUOS, has been built to institutional standards but is available to everyone. You can trade Bitcoin and Ethereum spot as well as Bitcoin perpetuals, and get a 5% discount on all fees by signing up at equos.com/pomp.
— Unstoppable Domains allows you to send Bitcoin to a domain like pomp.crypto instead of long wallet addresses. Coinbase Wallets now support .crypto and .zil domains through their partnership with Unstoppable Domains. You can send money using these new domains instead of long Bitcoin wallet addresses, and store your domain in Coinbase's collectibles section. Go to unstoppabledomains.com in the dApp browser to register and manage your domains.