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Circle opens doors to global audience

circle.com

51–60 of 64 posts

Re: Circle opens doors to global audience

#51

US bank cards only ? This is "global" in the "World Series" sense of the word, for the moment.

It works in all countries with credit/debit cards (although some countries are reporting problems; argentina). Non-USA cards will be charged a 2.9% fee from VISA & Mastercard. Some cards appear not to work, some people are reporting Visa doesn't work but their mastercard does and visa versa.

Prepaid cards, atleast when I tried them, don't work.

Re: Circle opens doors to global audience

#52
> You must be an individual of at least 13 years of age who resides in the United States to enter into this Agreement.

So the insurance policy only applies to USA customers, that's why it's not a huge risk for them as they are targetting a global audience.

They should allow webmasters to redirect too the send page with a URL like "https://www.circle.com/send?cost=5&to=1PbiuKqC8L4nsgdkaWwvFH... so then websites can accept bitcoin easily whilst having a high conversion rate due to the simplicity Circle provides (in comparison to redirecting them to Bitpay which would complicate the process for first time bitcoiners).

Re: Circle opens doors to global audience

#53

Earlier quoted context omitted.

:) Just gotta say it - KFC is a bad example here. It stands for Kentucky Fried Chicken, which is pretty much exactly their product.

Not any more! They abandoned that name for several reasons - the state of Kentucky enforced their name as a trademark, plus 'Fried' became a bad word. So now they're just 'KFC'

Sure, but they're KFC because everybody knows what the letters stand for. Circle, I can't figure out what they're trying to sell me.

Re: Circle opens doors to global audience

#54

Earlier quoted context omitted.

:) Just gotta say it - KFC is a bad example here. It stands for Kentucky Fried Chicken, which is pretty much exactly their product.

Not any more! They abandoned that name for several reasons - the state of Kentucky enforced their name as a trademark, plus 'Fried' became a bad word. So now they're just 'KFC'

So FWIW, the thing about the state of Kentucky isn't true. It's listed in 'The Repository of Lost Legends' on Snopes, which is their section of made up stuff.

I'm only mentioning this as I didn't realise for a very long time that the T.R.O.L.L. (now it should make sense) was all made up and I had a tendency to quote that section a lot.

I hope you haven't spent as many years believing that section as I did :)

Re: Circle opens doors to global audience

#56
post #41
post #40

The website says that it is both free ("We don't charge fees when you convert funds to or from bitcoin with a linked bank account, when you store your bitcoin, or for bitcoin transactions.") AND insured ("All of the money in your Circle account is insured at no cost to you."). I am not sure how that will work out for them; given the short and eventful history of BC, I would assume that insurance charges would be quit…

if they follow you example, they will just convert "without fees" but using their much more expensive coversion rate

This. Their revenue model is screwing you over relative to the exchange rate with massive buy/sell spreads.

Re: Circle opens doors to global audience

#57
post #12

If I can measure your priorities by viewing your site, it appears that your #1 priority is a certain look-and-feel (as dabeeeenster put it "photos of hot 19 year old girls on a beach"). Along these lines, you have also purchased "circle.com" - do you read Dave Eggers too? Your #2 priority must be investment, since the "Management", "Board", and "Investors" sections of the site are the only ones that contain any actua…

Dave Eggers was my first thought when I saw the domain as well. I wondered from the brand whether it was some sort of promotional tie-in with the book (which I haven't read). After observing the so-hip-it's parody design and signup form in lieu of an explanation of what the site actually does, I concluded that was the most likely purpose behind the site.

Re: Circle opens doors to global audience

#58

> You must be an individual of at least 13 years of age who resides in the United States to enter into this Agreement. So the insurance policy only applies to USA customers, that's why it's not a huge risk for them as they are targetting a global audience. They should allow webmasters to redirect too the send page with a URL like " https://www.circle.com/send?cost=5&to=1PbiuKqC8L4nsgdkaWwvFH... so then websites can a…

Viewed from the UK, the user agreement says "You must be an individual of at least 13 years of age and not reside in the United States to enter into this Agreement." and also agrees to provide insurance

Re: Circle opens doors to global audience

#59

Earlier quoted context omitted.

:) Just gotta say it - KFC is a bad example here. It stands for Kentucky Fried Chicken, which is pretty much exactly their product.

Not any more! They abandoned that name for several reasons - the state of Kentucky enforced their name as a trademark, plus 'Fried' became a bad word. So now they're just 'KFC'

That's a better description than the Art Director at one Digital Agency who explained that the reason for the name change to KFC was because "they weren't allowed to call it 'chicken' anymore."

Re: Circle opens doors to global audience

#60
post #3

I'm afraid people (regular people - not the HN following sort of people) are going to start getting confused between all the Circles and Squares and Stripes and so on.

In the infancy of the following brands, would you be able to derive the function of the company from its name?: Barnes and Noble Ben and Jerry's Black and Decker Briggs and Stratton Look, branding has trends. This is nothing new and has not negatively affected any of these brands.

Circle so far elucidates nothing of a product on this, it's shop front. Barnes & Nobel had a window full of books.
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