The service is accepting sign-ups for when it launches in beta at circle.com. I asked Allaire how much state-backed currency it took to purchase that url. "It was expensive," he replied by phone from Dublin, where the company will have its international headquarters. "Getting the domain was a difficult process. A week after we settled it, someone asked me, "Have you seen Dave Egger's new book?""
Allaire says he started learning about Bitcoin a year and a half ago, due to a flurry of articles in the media and "buzz and chatter" among people he knew.
"I've been building Internet platforms for 20 years.My work has always been focused on building things on top of the open standards of the Internet that transform industries," says Allaire. "When I looked at the ecosystem emerging around Bitcoin, it struck me that this was a global opportunity."