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by jerallaire
Tue Nov 03, 2015 3:07 pm
Forum: AMA - Ask Me Anything
Topic: I'm Jeremy Allaire, Circle CEO, Ask Me Anything!
Replies: 68
Views: 34526

Re: I'm Jeremy Allaire, Circle CEO, Ask Me Anything!

Hello, Jeremy

What are your plans to roll out these services into the developing countries, where I should think, this would be more valuable to the people who needs this the most :?:

Thanks for doing this AMA

All of the features of our product and native apps for storing, sharing and sending ...
by jerallaire
Tue Nov 03, 2015 1:56 am
Forum: AMA - Ask Me Anything
Topic: I'm Jeremy Allaire, Circle CEO, Ask Me Anything!
Replies: 68
Views: 34526

Re: I'm Jeremy Allaire, Circle CEO, Ask Me Anything!

Hi Jeremy,

Below is what I think is a very strong use case for Circle:

Example:
I have an employee in India that I pay to create drawings for my small US engineering firm.
Circle could run payroll for my business for the international contractors that I employ and they would receive the funds ...
by jerallaire
Tue Nov 03, 2015 1:47 am
Forum: AMA - Ask Me Anything
Topic: I'm Jeremy Allaire, Circle CEO, Ask Me Anything!
Replies: 68
Views: 34526

Re: I'm Jeremy Allaire, Circle CEO, Ask Me Anything!

Hi Jeremy! Thanks for doing this AMA! I'm a long-term bitcoin miner so my in/out BTC flows look a bit different I assume than most investors or small time buyers (constant stream of incoming small deposits, sell sometimes to cover power usage). I have been worried in the past with all the KYC/AML ...
by jerallaire
Tue Nov 03, 2015 1:33 am
Forum: AMA - Ask Me Anything
Topic: I'm Jeremy Allaire, Circle CEO, Ask Me Anything!
Replies: 68
Views: 34526

Re: I'm Jeremy Allaire, Circle CEO, Ask Me Anything!

Hi Jeremy,

You always mention sending/receiving money between people. Looks like your main aim (now) seems to disrupt international money transfer joints like WU. Which could be quite fast if you have enough geographical reach soon.

1-- Do you plan to attach your service to apps like Whatsapp/Fb ...
by jerallaire
Tue Nov 03, 2015 1:21 am
Forum: AMA - Ask Me Anything
Topic: I'm Jeremy Allaire, Circle CEO, Ask Me Anything!
Replies: 68
Views: 34526

Re: I'm Jeremy Allaire, Circle CEO, Ask Me Anything!

Hi Jeremy,


Thanks for doing the AMA!

I'm wondering, how does Circle deal with the price fluctuations? Do you store bitcoin on several exchanges? Does Circle buy directly from miners? How does Circle calculate the bitcoin sale/buy price (from the consumer viewpoint)?


Coinbase has its own ...
by jerallaire
Mon Nov 02, 2015 9:48 pm
Forum: AMA - Ask Me Anything
Topic: I'm Jeremy Allaire, Circle CEO, Ask Me Anything!
Replies: 68
Views: 34526

Re: I'm Jeremy Allaire, Circle CEO, Ask Me Anything!

Hi Jeremy,

Thanks for participating. A few questions outlined below:

Do you see any new use case examples with how consumers at brick/mortar checkouts exchange digital value beyond a mobile device to some POS display, as currently this experience is performed with credit card processors?

Are ...
by jerallaire
Mon Nov 02, 2015 9:27 pm
Forum: AMA - Ask Me Anything
Topic: I'm Jeremy Allaire, Circle CEO, Ask Me Anything!
Replies: 68
Views: 34526

Re: I'm Jeremy Allaire, Circle CEO, Ask Me Anything!

thanks for the answers. On another note, how has your experience in Ireland been for the company? Worth it? Also, will Circle be getting involved in any of the local Dublin meetups? In the past, some of these were organised with Circle's involvement, and there's starting to be a modest but growing ...
by jerallaire
Mon Nov 02, 2015 9:17 pm
Forum: AMA - Ask Me Anything
Topic: I'm Jeremy Allaire, Circle CEO, Ask Me Anything!
Replies: 68
Views: 34526

Re: I'm Jeremy Allaire, Circle CEO, Ask Me Anything!



We continue to grow our Dublin Operations. We recently hired a new head of the dublin office (Joao Reginatto -- https://www.linkedin.com/in/joaoreginatto), and are adding more business operations staff there, and also expanding and moving the office to the docklands.

That's good to hear, how ...
by jerallaire
Mon Nov 02, 2015 9:15 pm
Forum: AMA - Ask Me Anything
Topic: I'm Jeremy Allaire, Circle CEO, Ask Me Anything!
Replies: 68
Views: 34526

Re: I'm Jeremy Allaire, Circle CEO, Ask Me Anything!

Hi Jeremy!

Where do you see Circle focusing in the future : more towards broader adoption or higher dollar values,

In other words if you could choose between having 1000 new $100 customers or 10 $10,000 customers which would you choose?

Also, can you give a broad idea of what types of ...
by jerallaire
Mon Nov 02, 2015 8:31 pm
Forum: AMA - Ask Me Anything
Topic: I'm Jeremy Allaire, Circle CEO, Ask Me Anything!
Replies: 68
Views: 34526

Re: I'm Jeremy Allaire, Circle CEO, Ask Me Anything!


1. With every advocate of Bitcoin talking about the un-banked, yet we see that most Bitcoin Business , Circle included, marginalize the unbanked, either the Treasury laws or risk of fraud etc. there are reasons for that , I understand. But I want your take as a business on the future of less ...
by jerallaire
Mon Nov 02, 2015 8:24 pm
Forum: AMA - Ask Me Anything
Topic: I'm Jeremy Allaire, Circle CEO, Ask Me Anything!
Replies: 68
Views: 34526

Re: I'm Jeremy Allaire, Circle CEO, Ask Me Anything!

Hi Jeremy,

Jamie from BitcoinsInIreland.com here. I'm based in Dublin, and I know that you had a small office in The Digital Hub, but I've also heard that the person who was there doesn't work for Circle any more.

What's happening with the Dublin office these days?

Thakns!

Jamie

We continue ...
by jerallaire
Mon Nov 02, 2015 8:07 pm
Forum: AMA - Ask Me Anything
Topic: I'm Jeremy Allaire, Circle CEO, Ask Me Anything!
Replies: 68
Views: 34526

Re: I'm Jeremy Allaire, Circle CEO, Ask Me Anything!

Hi Jeremy!
Can you explain how Circle technology works?
I mean, is it blockchain based? is it server based? (do you need to trust the servers in that case?)
Can the company change the customer´s funds? or is is a trustless system?
Hope you can shed some light on that.
Thanks

Pretty classic ...
by jerallaire
Mon Nov 02, 2015 8:01 pm
Forum: AMA - Ask Me Anything
Topic: I'm Jeremy Allaire, Circle CEO, Ask Me Anything!
Replies: 68
Views: 34526

Re: I'm Jeremy Allaire, Circle CEO, Ask Me Anything!

Who do you admire in the business/tech world, and why?

Lots of people. Early in my career, I was inspired by the creators of the PC industry -- Mitch Kapor, Bill Gates, Steve Jobs, etc., etc.

I admire Esther Dyson, who's an incredible and curious mind. I admire Elon Musk for taking such big ...
by jerallaire
Mon Nov 02, 2015 7:30 pm
Forum: AMA - Ask Me Anything
Topic: I'm Jeremy Allaire, Circle CEO, Ask Me Anything!
Replies: 68
Views: 34526

Re: I'm Jeremy Allaire, Circle CEO, Ask Me Anything!

Jeremy,

Many of the interesting aspects of bitcoin come out when the "loop is closed". Do you think it is important for companies such as Circle to go after enterprise clients and help with this?

We're really exclusively focused on providing apps and services for consumers. Unlike prior payment ...
by jerallaire
Mon Nov 02, 2015 7:25 pm
Forum: AMA - Ask Me Anything
Topic: I'm Jeremy Allaire, Circle CEO, Ask Me Anything!
Replies: 68
Views: 34526

Re: I'm Jeremy Allaire, Circle CEO, Ask Me Anything!



We're really heavily focused on changing consumer expectations for and experiences of their 'spending account' or 'current account', moving from closed and proprietary, with crappy UX and built-in hidden fees, to an app based model where storing, using and sharing money is instant, global, secure ...
by jerallaire
Mon Nov 02, 2015 7:17 pm
Forum: AMA - Ask Me Anything
Topic: I'm Jeremy Allaire, Circle CEO, Ask Me Anything!
Replies: 68
Views: 34526

Re: I'm Jeremy Allaire, Circle CEO, Ask Me Anything!



It was a really bad experience for most users. A lot of customers had cards rejected. Those that got them accepted had extra forex and cross border fees. And too many people got caught by risk triggers that put them into manual KYC, which is a horrible experience.

So we decided to put it of ...
by jerallaire
Mon Nov 02, 2015 7:09 pm
Forum: AMA - Ask Me Anything
Topic: I'm Jeremy Allaire, Circle CEO, Ask Me Anything!
Replies: 68
Views: 34526

Re: I'm Jeremy Allaire, Circle CEO, Ask Me Anything!

Hi Jeremy,

Assuming Core does not move on the block size issue at all, what happens then? Will industry get together and go around them on the issue?

Strikes me that Bitcoin XT is just that....as noted in another thread, I think the mining players are pragmatists not ideologues, and if there is ...
by jerallaire
Mon Nov 02, 2015 6:57 pm
Forum: AMA - Ask Me Anything
Topic: I'm Jeremy Allaire, Circle CEO, Ask Me Anything!
Replies: 68
Views: 34526

Re: I'm Jeremy Allaire, Circle CEO, Ask Me Anything!

Hi Jeremy,

What you do think of sidechains and Lightning network? Do you think they can be used as a mean to scale bitcoin?

Do you think bitcoin XT is a viable proposition to achieve larger blocks?

I don't want to claim to be an expert on any of these matters, there are much smarter and much ...
by jerallaire
Mon Nov 02, 2015 6:51 pm
Forum: AMA - Ask Me Anything
Topic: I'm Jeremy Allaire, Circle CEO, Ask Me Anything!
Replies: 68
Views: 34526

Re: I'm Jeremy Allaire, Circle CEO, Ask Me Anything!

Hi Jeremy, and thanks for your time. What were the biggest challenges of pioneering a technology into the mainstream (perceptions, dealing with regulators, banks etc), and how does Circle prepare for Bitcoin's moment of mass adoption without know when that moment will be?

Also, I've heard you ...
by jerallaire
Mon Nov 02, 2015 6:42 pm
Forum: AMA - Ask Me Anything
Topic: I'm Jeremy Allaire, Circle CEO, Ask Me Anything!
Replies: 68
Views: 34526

Re: I'm Jeremy Allaire, Circle CEO, Ask Me Anything!

Thanks for all your involvement in Bitcoin so far!

What future development in the Bitcoin ecosystem has you the most excited, and why?

Thanks Roger!

I'm particularly interested in future extensibility and scriptability options in Bitcoin; fulfilling the promise of 'programmable money', smart ...
by jerallaire
Mon Nov 02, 2015 6:36 pm
Forum: AMA - Ask Me Anything
Topic: I'm Jeremy Allaire, Circle CEO, Ask Me Anything!
Replies: 68
Views: 34526

Re: I'm Jeremy Allaire, Circle CEO, Ask Me Anything!

Hey Jeremy,

Thank you for creating Circle.

What do you predict will happen in the Bitcoin space within the next 5 years? -- Answered already.

What is the next big move for Circle? Where are you taking it from here?

Thanks

Lee

We're really heavily focused on changing consumer expectations ...
by jerallaire
Mon Nov 02, 2015 6:33 pm
Forum: AMA - Ask Me Anything
Topic: I'm Jeremy Allaire, Circle CEO, Ask Me Anything!
Replies: 68
Views: 34526

Re: I'm Jeremy Allaire, Circle CEO, Ask Me Anything!

Thanks for taking the time to do this, I always enjoy your community interactions.

How has Circle's experience been interacting with institutions in the broader financial ecosystem? (past the large funding round, that is)

Has the tone of the interactions changed since you started the company? How ...
by jerallaire
Mon Nov 02, 2015 6:27 pm
Forum: AMA - Ask Me Anything
Topic: I'm Jeremy Allaire, Circle CEO, Ask Me Anything!
Replies: 68
Views: 34526

Re: I'm Jeremy Allaire, Circle CEO, Ask Me Anything!

Hi Jeremy... Thanks for doing the AMA. I'd like to know...

i. Where do you see the bitcoin price after 2016 block halving?

ii. Where do you see the bitcoin price after 2020 block halving?

iii. Does Circle have any plan to open a real time exchange like CoinBase/Gemini?

I'm not really focused ...
by jerallaire
Mon Nov 02, 2015 6:23 pm
Forum: AMA - Ask Me Anything
Topic: I'm Jeremy Allaire, Circle CEO, Ask Me Anything!
Replies: 68
Views: 34526

Re: I'm Jeremy Allaire, Circle CEO, Ask Me Anything!

Hi Jeremy,

Thank you for giving your time to answer questions on this forum.

What do you imagine The Bitcoin Alliance will accomplish for the bitcoin community?
Do you have any fears that the relationships between bitcoin industry leaders and state institutions or law enforcement will degrade ...
by jerallaire
Mon Nov 02, 2015 6:17 pm
Forum: AMA - Ask Me Anything
Topic: I'm Jeremy Allaire, Circle CEO, Ask Me Anything!
Replies: 68
Views: 34526

Re: I'm Jeremy Allaire, Circle CEO, Ask Me Anything!



It was a really bad experience for most users. A lot of customers had cards rejected. Those that got them accepted had extra forex and cross border fees. And too many people got caught by risk triggers that put them into manual KYC, which is a horrible experience.

So we decided to put it of ...
by jerallaire
Mon Nov 02, 2015 6:09 pm
Forum: AMA - Ask Me Anything
Topic: I'm Jeremy Allaire, Circle CEO, Ask Me Anything!
Replies: 68
Views: 34526

Re: I'm Jeremy Allaire, Circle CEO, Ask Me Anything!

Why did you guys stop acccepting European debit cards?

It was a really bad experience for most users. A lot of customers had cards rejected. Those that got them accepted had extra forex and cross border fees. And too many people got caught by risk triggers that put them into manual KYC, which is ...
by jerallaire
Mon Nov 02, 2015 6:07 pm
Forum: AMA - Ask Me Anything
Topic: I'm Jeremy Allaire, Circle CEO, Ask Me Anything!
Replies: 68
Views: 34526

Re: I'm Jeremy Allaire, Circle CEO, Ask Me Anything!

Hi Jeremy, thanks for doing this AMA!

Maybe you can answer this, maybe you can't! ;) But any plans for Circle Pay to develop a fully built bitcoin exchange and not just a brokerage where customers can trade on your platform with advanced trader features?

Thanks!

Nope. We're a consumer internet ...
by jerallaire
Mon Nov 02, 2015 6:06 pm
Forum: AMA - Ask Me Anything
Topic: I'm Jeremy Allaire, Circle CEO, Ask Me Anything!
Replies: 68
Views: 34526

Re: I'm Jeremy Allaire, Circle CEO, Ask Me Anything!

@jerallaire Is it true that Circle is trying to distance itself from bitcoin and pushing its users towards their USD wallet?

https://www.cryptocoinsnews.com/circle-distancing-bitcoin/

For new customers in the US who are in one of the 47 states where we are licensed or allowed to operate, we ...
by jerallaire
Mon Nov 02, 2015 5:59 pm
Forum: AMA - Ask Me Anything
Topic: I'm Jeremy Allaire, Circle CEO, Ask Me Anything!
Replies: 68
Views: 34526

Re: I'm Jeremy Allaire, Circle CEO, Ask Me Anything!

Hi Jeremy, I'm a big fan of Circle and strongly believe in the approach you are taking to bring the power of the Bitcoin network to mainstream consumers.

You often talk about Bitcoin becoming the "internet of money," which means it's a payment rails or conduit to transfer money freely around the ...
by jerallaire
Mon Nov 02, 2015 5:55 pm
Forum: AMA - Ask Me Anything
Topic: I'm Jeremy Allaire, Circle CEO, Ask Me Anything!
Replies: 68
Views: 34526

Re: I'm Jeremy Allaire, Circle CEO, Ask Me Anything!

Do you talk regularly (or at all) with big miners about Bitcoin and issues like the block size debate? You don't have to reveal your position on the debate, I am just wondering if have an open line of communication with say KnC Miner or 21 Inc (great if you talk to Chinese miners too, but I ...

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