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Topic: Is Circle the killer application? - page 3. (Read 5256 times)

hero member
Activity: 924
Merit: 1001
October 01, 2014, 03:17:27 PM
#4
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-
hero member
Activity: 798
Merit: 1000
Who's there?
October 01, 2014, 02:54:45 PM
#3
Where would they get revenue from if there all no fees?
No revenue yet. Currently they are burning venture funding (it's tens of millions $). According to their plans, revenueable (is there such a word? Smiley) application will be build later, on top of current free infrastructure.

P.S. The score is 3:0 so far  Grin
sr. member
Activity: 332
Merit: 254
October 01, 2014, 01:57:04 AM
#2
Where would they get revenue from if there all no fees?
hero member
Activity: 798
Merit: 1000
Who's there?
October 01, 2014, 01:11:11 AM
#1
The more I learning about Circle, the more I like it:

-All you need to buy bitcoins is just credit card.
-And you can sell them, to the same CC.
-From anywhere in the world (well, but China and Argentina).
-And americans don't even need CC (therefore, no fee).
-Deposits insured!
-Don't need to know a thing about blockchain, exchanges, even bitcoin address isn't necessary, email address will do.
-And all this - for free! (for americans, for now Smiley)
-And even more planned (like tool for neutering volatility).

So the question: is it the killer app we were waiting for so long?

P.S. (No, I'm not affiliated with the company in any way Grin )
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