02 Nov '13, 9pm

Jeremy Allaire on his plan to take Bitcoin mainstream, via Boston startup Circle - Upstart: Jeremy Allaire on

Jeremy Allaire on his plan to take Bitcoin mainstream, via Boston startup Circle - Upstart: Jeremy Allaire on

The UpTake: Bitcoin faces huge hurdles and Jeremy Allaire wants to help clear them. That's why the Bright Cove founder has started Circle. B rightcove founder Jeremy Allaire has used Bitcoin for a variety of payments — including his son's weekly allowance. So he knows first-hand the benefits of using digital currency, as well as the "huge hurdles" which will ultimately prevent its mainstream acceptance. That's where Circle , Allaire's new Boston-based startup, comes in. The company is building payment acceptance tools for merchants that want to accept Bitcoin and other digital currencies, as well as easy-to-use services for consumers to exchange, store, send and receive digital currency. Current software and services for digital currency are difficult to use, and "there are hard concepts you have to wrap your head around," Allaire said. "There's really a user experience hu...

Full article: http://upstart.bizjournals.com/money/loot/2013/11/02/jere...

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