In a physical comparison, value-add, according to Wikipedia, is the difference between the sale price of a product and the cost of materials to produce it. In this instance, value add is the combination of labor, machine investment, shipping and distribution, marketing, packaging, and more that add value so that a customer will purchase the raw materials that initially were the only product.
Coinbase is building the infrastructure for mainstreaming Bitcoin into an easy to use, workable currency and economy. They do this by: 1. Providing an easy to use online wallet. They are much more bank like than most other wallets, in that they ...
Coinbase is building the infrastructure for mainstreaming Bitcoin into an easy to use, workable currency and economy. They do this by: 1. Providing an easy to use online wallet. They are much more bank like than most other wallets, in that they don't provide you with the private keys to your bitcoins, and ask much more trust of you. In exchange, you get pretty good security, and your bitcoins are kept safely in offline cold storage. 2.