Circle's near-instant bitcoin purchase and withdrawal is fantastic! Unfortunately, their $3,000/week limit is going to be bottlenecking my endeavors pretty soon.
I have a small (but dedicated) group of people selling under me, and the idea of telling them to make a Circle account and paying me in bitcoin instead of cash would undoubtedly freak most of them out. A couple have heard about a kid in the college dorms buying product off the internet, and this would probably pop up some red flags for me.
In order to make more than one Circle account, you would need an additional smart phone and bank account, correct? So, theoretically, I could go to every bank in my town and make a Circle account dedicated to each bank account, with a burner Smart phone running each Circle account.
My only fear so far is that Circle might see the same name and ID on each account. Keep in mind, it's still in the works, I'm sure there will be roadbumps.
Other ways of obtaining btc are just too much of a hassle to be doing once or twice per week. The nearest LibX's are 3 hours away or longer, the same goes for LBC and btcATMs. I've heard of Virwox, anyone have any opinions on it or another way that doesn't involve me going into a small town bank with thousands of dollars each week for an account that isn't mine?
(sorry about the formatting/wall of text)
TL;DR HAVE YOU DONE IT? HOW DID YOU DO IT?
They connected my new account to my old one based on my name and address.