Mark Your Calendars – Agreed.com Makes History, Now Accepting BitCoin

agreed-gocoin

It’s official, today is a historic day in the world of online escrow. Agreed.com, the new Escrow service from Thought Convergence has announced today that it is now accepting payments via both Bitcoin and Litecoin.

“Payment flexibility, processing efficiency, and transactional security are key to a successful escrow transaction, all of which are core to the Bitcoin protocol. Agreed prides itself on finding new and innovative ways to handle online transactions, so we’re excited to empower the growing tide of early cryptocurrency adopters the flexibility to fund their transactions in whatever currency they see fit,” (Ammar Kubba, Co-Founder and CEO of Agreed)

While there has definitely been no shortage of controversy around BitCoin with the fall of Mt. Gox it’s clear that the crypto-currency is not declining, but instead evolving, and like most things, evolution can be a bit painful as you grow. GoCoin CEO Steve Beauregard is working hard to re-built trust in BitCoin and sees this as an important step in the process.

“With the recent public failings of the likes of Mt. Gox and others, Agreed’s escrow service offers a key element in rebuilding consumer trust in the burgeoning Bitcoin ecosystem. We are thrilled to partner with one of the powerhouses of the domain industry.”  (Steve Beauregard, Founder and CEO of GoCoin)

Now buying and selling domains with BitCoin might seem a bit risky now but it’s hard to imagine a world five years where BitCoin doesn’t exist. Also let’s face it, domain investors have made money speculating on domains that at one time people thought were going to be worth nothing. We’ve seen this evolution and yes, it takes time.

Even though Agreed.com is a relatively new Escrow service it’s run by a team that has been in the domain business since its very beginning. So it’s no surprise to see Agreed making a move like this and being the first to push the limits and introduce something new to the space.

Congrats to the Agreed and GoCoin team, blazing new territory is hard stuff but then isn’t it the hard stuff that we look back ten years later and say, “Phew, glad I did that!”

{ 7 comments… add one }

  • Francois Carrillo March 11, 2014, 11:41 am

    Where is the history?

    It’s more a lack of knowledge from you as ecop.com is supporting bitcoins for months.

  • Company Names Ideas March 11, 2014, 11:54 am

    Morgan, is Agreed.com a popular service? I can see this an an excellent marketing strategy for a company to gain exposure by accepting BitCoin. I wish I bought bitcoins when i first saw them a t .05 cents per, but owning them at $500 per is a bit scary.

  • Nick March 11, 2014, 5:30 pm

    Bitcoins will fail.

  • Ammar March 11, 2014, 6:35 pm

    Thanks for the kind words, Morgan!! We’re super excited to add Bitcoin and Litecoin payment functionality… and we expect to add additional cryptocurrencies as they continue to gain traction.

    Soon we’ll also be adding the ability to not only pay in cryptocurrency, but also to get paid in cryptocurrency.

    I actually view this as an opportunity for early Bitcoin investors to diversify their investment into other asset classes, i.e., domain names and websites.

    The future is bright 🙂

    • Morgan March 12, 2014, 7:42 am

      I am super excited for you guys @Ammar. Good point re: Bitcoin investors diversifying their investments, I completely agree (or better said, “Agreed!”) 🙂

  • chandan April 24, 2014, 7:54 pm

    good if they disburse payment too in bitcoins 😉

  • PlusBitcoin July 28, 2015, 2:02 pm

    Unfortunately, they were acquired by Escrow.com and no more Bitcoins are accepted at new platform. Unfortunately, currently there are no escrow services that accept bitcoin.