We Deserve A Better Bitcoin Experience Than Circle


I finally got around to trying out Circle today. Boy it’s bad. Particularly for a company that has raised $26 million.

This is a space we’re interested in at CrunchFund, and are looking for who might be the breakout winners.

Circle is supposed to be a dead simple Bitcoin wallet and money transfer service. But here’s my experience:

1. I created an account and tried to add my bank account and credit card to deposit money into the system (as Bitcoin). I had to give a lot of personal information. And I had to take a photo of my drivers license. And then I had to take a selfie.

I don’t have a huge problem with that since these kinds of services are a huge fraud magnet. But Circle said they needed time to review the information. and here’s the problem, they basically (kind of) shut down my…

View original post 396 more words