Yes. Now the average joe can use BTC easy while avoiding phrases that are confusing to them.
Yeah and still end up paying the same or more for their goods! The bank will take fees twice instead of once. Seriously we need a solution.
Topic: Is Circle the killer application? - page 2. (Read 5256 times)
Yeah and still end up paying the same or more for their goods! The bank will take fees twice instead of once. Seriously we need a solution.
Circle isn't the killer app. Not yet.
Until it figures out a way to get people outside of the realm of Crypto to want to use their service, it isn't quite there yet.
Need a way to incentivize people to use the app to promote the Bitcoin ecosystem, to truly call it a "killer app". Circle isn't it.
Until it figures out a way to get people outside of the realm of Crypto to want to use their service, it isn't quite there yet.
Need a way to incentivize people to use the app to promote the Bitcoin ecosystem, to truly call it a "killer app". Circle isn't it.
It's all well and good being able to buy bitcoins easily but you have to have an ecosystem where the consumer can easily buy a whole variety of things before the average joe will start to use Bitcoin seriously
Are there this many bitcoin users with absolutely no technical skill and don't want full control over their own assets?
Good point. Keep BTC p2p and most your money in Multi-sig cold storage.... but I have accounts with circle, coinbase, btc-e, btcchina, ect.... for a reason. When getting rid of my untrusted and dirty fiat I can choose which on ramp has the best exchange rate at a given point in time and even sometimes play around with arbitrage.
Yes. Now the average joe can use BTC easy while avoiding phrases that are confusing to them.
circl should rock
Hi -
I don't believe Bitcoin is in need of a killer app. I belive Bitcoin is in need of a killer incentive.
Without incentive to use the currency in the first place, the general public is never going to use any "killer apps" that become available.
Circle could be the easiest thing ever to hit the Bitcoin space. If consumers don't give a fuck about Bitcoin, they aren't going to use Circle.
It will simply be a killer app for people already in the Bitcoin ecosystem.
-B-
I don't believe Bitcoin is in need of a killer app. I belive Bitcoin is in need of a killer incentive.
Without incentive to use the currency in the first place, the general public is never going to use any "killer apps" that become available.
Circle could be the easiest thing ever to hit the Bitcoin space. If consumers don't give a fuck about Bitcoin, they aren't going to use Circle.
It will simply be a killer app for people already in the Bitcoin ecosystem.
-B-
Spot on! Try telling it to these evangelists.
Once people NEED bitcoin, Circle will become the killer application.
I've used it several times already and love how easy it is.
I've used it several times already and love how easy it is.
The guarantee is about as trustworthy as a VPN that says they don't log
Circle is very impressive recently. Specially, they provided 100% deposit guarantee.
Where would they get revenue from if there all no fees?
I think Circle is indeed a very good thingTM but not a killer app. A killer app is something that justifies bitcoin's use, silk road was probably the closest thing to a killer app bitcoin had. Now maybe it will be international payments or something.
However, Circle does make it easier to get into bitcoin.
Finally, I worry about Nub's point, if this was a low budget site we'd assume the business plan was to Run Away with the Coins once the balance got high enough. I'd like to see some real explanation of how they are going to be a sustainable business.
I don't think they are planning on running away with people's money as they are not giving financial incentives to hold your bitcoin with them
Yeah, I agree. Since Bitcoins are decentralized, it's hard to get good incentive for people to use it. Look at the Beats headphones for example. They're sub par headphones that cost loads of money, yet they sell like hot cakes because of the intense amounts of money spent on marketing and celebrity endorsement, which made the mainstream public associate it with being cool
Maybe, I'm not sure.
It is surely simple enough for the general public to understand.
But I'm never sure about these things
A couple of years ago in the early days of twitter I was like "well this is never going to take off, who would ever want to sign up for a website where you can only send short messages for the whole world to see?". I was amazed when twitter actually became popular.
People like simple stuff, especially simple people, and there's a lot of simple people around nowadays.
Just one thing, credit cards are not very popular outside of USA. So if credit cards are the only option, it will never take off outside of the USA.
It is surely simple enough for the general public to understand.
But I'm never sure about these things
A couple of years ago in the early days of twitter I was like "well this is never going to take off, who would ever want to sign up for a website where you can only send short messages for the whole world to see?". I was amazed when twitter actually became popular.
People like simple stuff, especially simple people, and there's a lot of simple people around nowadays.
Just one thing, credit cards are not very popular outside of USA. So if credit cards are the only option, it will never take off outside of the USA.
No because circle does not make people need bitcoin juste making it very accessible.
Yes, when I think killer apps, I think of something that you can only do with bitcoin which forces someone to buy bitcoin. 
OK, go back to waiting. (No, I'm not a kind of person that can create such an app myself 
). No because circle does not make people need bitcoin juste making it very accessible.
Yes, when I think killer apps, I think of something that you can only do with bitcoin which forces someone to buy bitcoin.
Openbazaar is one such killer app in the future.
No because circle does not make people need bitcoin juste making it very accessible.
Where would they get revenue from if there all no fees?
I think Circle is indeed a very good thingTM but not a killer app. A killer app is something that justifies bitcoin's use, silk road was probably the closest thing to a killer app bitcoin had. Now maybe it will be international payments or something.
However, Circle does make it easier to get into bitcoin.
Finally, I worry about Nub's point, if this was a low budget site we'd assume the business plan was to Run Away with the Coins once the balance got high enough. I'd like to see some real explanation of how they are going to be a sustainable business.
How does this work without an actual bank? When btc is sold, Circle use those funds to directly pay off the credit card statement? Terms on their website also state that you might be charged for cash advance fro the credit card, and those have ridiculously high fees.
It sounds like you would be able to pay your credit card that way, but I haven't seen any confirmation yet. With regards to the cash advance, I believe they say that just to cover themselves, they have no way of knowing exactly what every bank will do. Circle does provide a merchant transaction code in the help section. If you are concerned about getting hit with a cash advance fee, you should be able to ask your bank how they would process that code.
-All you need to buy bitcoins is just credit card.
-And you can sell them, to the same CC.
-And you can sell them, to the same CC.
How does this work without an actual bank? When btc is sold, Circle use those funds to directly pay off the credit card statement? Terms on their website also state that you might be charged for cash advance fro the credit card, and those have ridiculously high fees.
Been using Circle now for a couple of days and like most of what it has to offer.
I believe that they are taking the right approach in keeping things as simple as possible so that even a noob can 'operate' the wallet.
I believe that they are taking the right approach in keeping things as simple as possible so that even a noob can 'operate' the wallet.
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