Circle lays off 30 employees equivalent to 10% of headcount. If we are really over the crypto winter, I don't think Circle will conduct this layoff. This crypto spring that we are in is still in shaky grounds https://t.co/MlbGoLKCiq
RT @sthenc: "It’s highly unlikely that any of us will be using Bitcoin in five or ten years."
-Jeremy Allaire, CEO of Circle, 2016
"It's highly unlikely that any of us will be using Circle in five or ten years."
-me, CEO of my Twitter, today https://t.co/4zarMWqEbC
sad to see @circlepay downsizing - the cost of being one of the early crypto co's is staggeringly high!
gen 1 companies spend all their time and money educating, advocating, working w regulators, and bear that full cost so the next layer can get built
Circle bought Poloniex for $400 million. This was the perfect exit for the owners. Volume was already down. They had huge verification and customer support backlogs combined with some stability issues.
Now it is completely insignificant.
#33kByJuly3018Moku //not_giving_away_ETH\\ - @CarpeNoctom3 months ago