[SHUT DOWN] Stampbit.com - a bitcoin-based provider of USPS shipping labels

[Stampbit]

8/18/2013

I am saddened to announce that my stamps.com account has been shut down by my service provider at the behest of law enforcement. Unfortunately given the anonymous nature of this currency it is all but impossible to prevent criminals from tainting all that it touches. I would like to thank all my courageous customers who sought to make bitcoin a legitimate enterprise and wish them well in their endeavors.

 


Introducing Stampbit.com - a bitcoin-based startup that provides shipping labels generated from USPS for all domestic and international flat rate packages.

Update: Stampbit.com has updated its pricing structure and domestic labels are now being sold at cost!

Why Use Stampbit Over Other Online Services?

• No accounts to maintain
• No tedious customs forms to fill out
• Easily create many shipping labels at once
• Have the security and convenience of paying with Bitcoin

Getting Shipping Labels Is Easy

• Fill an ordersheet with shipping information
• Pay with Bitpay
• Receive shipping labels in your email the same day

[Stampbit]

Still up!

[Stampbit]

Maybe you should describe what you are selling and how it works.
I for one dont get it.

Post updated!

[john volt]

great concept
anonymizing stamp purchases is a terrific idea and a contribution towards a freer world.


the site is a little too ghetto but i think you can get around this and your largest shortcoming by stating very clearly what the response time is going to be. shipping is all about delivery speed and using your site could potentially slow things down if the user doesn't know better.

good luck sb

[Stampbit]

Thanks for the advice, site updated.

[Stampbit]

Site updesigned for a more appealing aesthetic.

[Stampbit]

Site design updated, more to come.

[Stampbit]

site updated with privacy policy, terms of service, and mission statement pages

[Stampbit]

Site updated with new pricing structure, now offering domestic labels at cost!

[mprep]

Seems interesting. Good luck with your business.

[b!z]

Sounds a bit like bitstamp

[BitCoiner2012]

Will be trying this.

[Stampbit]

Update: Due to overwhelming response only existing customers will be able to place new orders until automation is put in place. Thank you!

[Stampbit]

Stampbit is still going strong and looking to expand soon. Automation has been put on hold for now.

[og kush420]

when this gets automated/easy to use i will use it for my bitmit orders, would be very convenient, not having to exchange currency to pay for shipping

[Stampbit]

8/18/2013

I am saddened to announce that my stamps.com account has been shut down by my service provider at the behest of law enforcement. Unfortunately given the anonymous nature of this currency it is all but impossible to prevent criminals from tainting all that it touches. I would like to thank all my courageous customers who sought to make bitcoin a legitimate enterprise and wish them well in their endeavors.

 

[BitCoiner2012]

8/18/2013

I am saddened to announce that my stamps.com account has been shut down by my service provider at the behest of law enforcement. Unfortunately given the anonymous nature of this currency it is all but impossible to prevent criminals from tainting all that it touches. I would like to thank all my courageous customers who sought to make bitcoin a legitimate enterprise and wish them well in their endeavors.

 

I sure do detest the way of things of late...

[BitCoiner2012]

8/18/2013

I am saddened to announce that my stamps.com account has been shut down by my service provider at the behest of law enforcement. Unfortunately given the anonymous nature of this currency it is all but impossible to prevent criminals from tainting all that it touches. I would like to thank all my courageous customers who sought to make bitcoin a legitimate enterprise and wish them well in their endeavors.

How did they know you were exchanging stamps for bitcoins? I would tell them to look toward FinCen, which deems it legal.

Sounds like more to this story then exchanging packaging labels for bitcoins.

Here's a quick scenario:

Customer receives packaging from his account, pays him with BTC. His portion of the transaction has ended. However, the consumer utilizes that label in any fashion he desires - perhaps shipping something illegal. LEOs get involved, decide to go that extra mile to make sure our economy keeps thriving, and now we've got a formerly productive (to some extent? Who knows to what degree, at least trying) business out of order and someone unrelated out of sorts for essentially a removed action from the service. They would go after -his- Stamps.com account.  This is just the scenario that popped into my mind when I read his closing statements. I have no idea what happened.

[johnnyfla123]

8/18/2013

I am saddened to announce that my stamps.com account has been shut down by my service provider at the behest of law enforcement. Unfortunately given the anonymous nature of this currency it is all but impossible to prevent criminals from tainting all that it touches. I would like to thank all my courageous customers who sought to make bitcoin a legitimate enterprise and wish them well in their endeavors.

How did they know you were exchanging stamps for bitcoins? I would tell them to look toward FinCen, which deems it legal.

Sounds like more to this story then exchanging packaging labels for bitcoins.

Here's a quick scenario:

Customer receives packaging from his account, pays him with BTC. His portion of the transaction has ended. However, the consumer utilizes that label in any fashion he desires - perhaps shipping something illegal. LEOs get involved, decide to go that extra mile to make sure our economy keeps thriving, and now we've got a formerly productive (to some extent? Who knows to what degree, at least trying) business out of order and someone unrelated out of sorts for essentially a removed action from the service. They would go after -his- Stamps.com account.  This is just the scenario that popped into my mind when I read his closing statements. I have no idea what happened.

99.9% sure drug related or illegal stuff like trying to ship bombs, poisons, you know stupid stuff

[Stampbit]

I wanted to drop in one last time to say that this experience hasnt soured me on bitcoin. I believe bitcoin is a legitimate currency and the more people use it for good the better it will be for everyone. For some businesses that require accountability from their customers this will never be, but there is still much room for growth in other fields like bespoke services, consumer goods, and anything that results in an end product that can be sold without liability. Pure services however remain on the fence, its simply too easy to pay someone to do something that they otherwise knowingly would not do.

But nevertheless this was a great experiment in a new frontier and i am glad to have been a part of it.

-Stampbit