26 Jun '14, 12am
Circle Internet Financial’s Jeremy Allaire Talks Up Some Bitcoin (Video) #it
Circle is a website where people can purchase and store bitcoin. Users can also send bitcoin to other individuals or to a company that accepts bitcoin as a form of payment. Other new companies do similar things, but mostly charge for some piece of their service. Coinbase, for example, lets people buy bitcoin, but the company charges a one percent fee to do so. A new startup called Xapo will store your bitcoin data and backup data in physical locked vaults, but charges a small fee for that privilege. Circle is choosing not to charge for anything. Its goal is to get as many people familiar with bitcoin as possible by making it easier to sign up and use bitcoin.