New Service for Bitcoin Merchants to Drive Customer Bitcoin Adoption

Jan. 10, 2014 - PRLog -- BitcoinValueFund officially announced its first application based on the Coinbase API today.

RapidFire for Coinbase enables Bitcoin Merchants to quickly and easily invite customers to the join the Bitcoin economy by setting up a wallet and emailing customers their first Bitcoins.

While the adoption of Bitcoin was significant in 2013, many merchants realized that their customers don't have Bitcoin wallets and don't know how to obtain Bitcoins easily. Using RapidFire for Coinbase, merchants can simply email their customers and help them set up their wallet and own their first Bitcoin.

Built on top of the industry leading Coinbase platform, the RapidFire application is simple and easy to use.  Merchants simply cut and paste email addresses into the application and select how much Bitcoin they want to send. Customers are emailed an invitation to set up a wallet and receive the Bitcoins.

In the event that customers do not redeem the Bitcoins in 30 days, the Bitcoins are returned to the Merchant's account.

Bitcoins acceptance can benefit both the merchant and customers in terms of reduced transaction processing fees and improved customer service.

Marketing and promotional firms can use RapidFire to implmenent Bitcoin related promotions and contests as well as traditional business marketing.

More information about RapidFire for Coinbase can be found here: http://www.bitcoinvaluefund.com/tools/rapidfire

About the BitcoinValueFund

We are a team of technologists, economists, psychologists, MBAs, finance geeks, strategy consultants and marketers who believe that the Bitcoin protocol is similar in importance as TCP/IP is to the functioning of the world wide web.

We believe that some day soon, people will be transacting online with Bitcoins but never know it, just as people are using TCP/IP and aren't aware of it.

Just as the newspaper industry was forced to evolve by technological advances brought forth in the internet, we believe Banks will need to evolve to accommodate Bitcoin technology.

Bitcoin today is not perfect.  Increased investment in supporting infrastructure and applications will improve the value of the underlying technology just as the internet evolved into Web 2.0.

For more info on the BitcoinValueFund visit www.BitcoinValueFund.com