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 ...
Unverified users, on the other hand, still have to wait four business days for their transactions to complete. Verified users can buy and sell up to 50 BTC at a time and their transactions fund instantly according to a blog post on the site. Coinbase is one of the few easy-to-use, bank-linked bitcoin markets. Users can connect bank accounts directly to the service and make purchases without wire transfers. However, to allow this level of trust, you have to give up a bit of privacy. Coinbase, in short, is connecting your identity with your wallet.