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, hired a former product manager from Blockchain and reported a surprising surge in user metrics as high as 10,000 transactions in a single day. The developments were seen as not only a validation of ChangeTip, but as the startup contends, proof that online tipping could become a powerful use case that helps propel the technology out of the early adopter phase.
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