ChangeTip CEO Nick Sullivan: We Won't Sell User Data
Professor Emin Gün Sirer has responded to Changetip CEO Nick Sullivan's comments in a new blog post on privacy, profit and the future of the micropayments industry. "I feel like we're a charity getting yelled at." That was the initial, emotional reaction of founder and CEO Nick Sullivan to a wave of criticism launched yesterday against his micropayments startup, ChangeTip, a company that has emerged as one of bitcoin's most buzzed-about businesses for its efforts to promote bitcoin as a force for fun and social good. In just a few short weeks, ChangeTip has raised $3.5m in seed funding,....
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Emin Gün Sirer, the Cornell professor who recently said that ChangeTip needed to die a quick death has returned to the offensive on the issue of privacy. ChangeTip CEO Nick Sullivan recently criticized Sirer´s statements saying that it felt “like a charity being yelled at”. What Sullivan did not do though was to explain how ChangeTip could even remotely be considered a “charity”. Sirer points out that not only is ChangeTip a for profit corporation but its direct links to social networking websites such as Facebook, Twitter and Reddit almost guarantee that at some point user data will be....
A Cornell professor is done hearing about how bad ChangeTip feels when he called them out for their, what he believes to be, potentially dangerous business model. A few weeks ago, Emin Gün Sirer said that ChangeTip needed to die a quick death due to the fact that the company has the ability to link user data on Facebook, Twitter and Reddit directly to corresponding bitcoin addresses. Because ChangeTip's parent company recently raised $3.5 million in seed funding, Sirer believes the company will eventually cripple under the financial pressure and sell user data to interested parties. As....
Popular Bitcoin tipping platform ChangeTip has announced the service is shutting down operations. The company has been deliberating ways to continue the service, but unfortunately, in the end, it said the only option was to shut down. ChangeTip Will Shut Down Operations. Founded in December of 2014 by Nick Sullivan, the company ChangeCoin created its....
Bitcoin tipping service ChangeTip has reported increasing user activity, claiming that it has signed up 34,000 users since it was founded last December. The company told CoinDesk that it completed 10,000 transactions in one day last week. This represented one-sixth of its total transaction volume, ChangeTip's founder Nick Sullivan said. Although usage has increased "across the board" on metrics Sullivan monitors, he wasn't able to identify the reason for the growth spurt. He did emphasise that the company has increased its resources devoted to community management, however. Sullivan said:....
Months after its core development team was acqui-hired by accommodations startup Airbnb, bitcoin tipping service ChangeTip is closing its doors. Nick Sullivan took to Reddit today to announce the closure. He said that the tipping service will be officially turned off at the end of November, though its website will remain open “for a number of months” in order to allow for user withdrawals. The closure comes less than two years after the startup, once a popular tool for sending bitcoin tips via social media, raised $3.5m in a seed funding round. ChangeTip sought to bring bitcoin tipping to....