Leading Mobile Web Developer Now Accepts Bitcoin, Offers Discount

Fiddlefly, Inc., a leading mobile website software company and digital creative agency, today announced that the company is now accepting payment in Bitcoin, the hot new virtual currency. To promote the use of Bitcoin, Fiddlefly will offer a 5% discount to Fiddlefly customers who pay using the digital currency.

While many banks and world governments have been slow to accept the concept behind Bitcoin and eager to regulate the open-source Internet currency, acceptance of payment in bitcoins (“bitcoins” are the Bitcoin currency unit) has been growing. Launched in 2009 and valued at only $13 last year, demand skyrocketed in 2013: Bitcoin has become a highly sought-after investment and popular payment method, with unit value currently pegged at well over $700.

"I’ve always believed the Internet needs a secure digital currency," said Fiddlefly CEO James Ramsey.

"The web is a global marketplace, but it’s a hassle for ecommerce site visitors to make purchases in foreign currencies. Entering credit card information online means taking severe security risks due to hacking incidents, which makes people less likely to buy online. Bitcoin solves these problems. As a widely accepted currency with a unit value that well exceeds $500, Bitcoin now makes sense as the virtual currency. Bitcoin is an idea whose time has come."

Bitcoin’s design makes it unique: The currency is based on a technology standard housed on numerous servers located throughout the world that regulate how bitcoins are created and traded. Bitcoin isn’t regulated by a central government or bank, which Ramsey believes has the potential to make it more stable than traditional forms of payment.

“Unlike most currencies issued by governments, the number of Bitcoins is limited by design, so more won’t be created by fiat to overcome a national cash shortfall, which governments routinely do,” he said. “That’s why some governments perceive it as a threat, but Bitcoin’s self-limiting design is actually a positive feature that protects its long-term value.”

Starting today, Fiddlefly is joining thousands of other businesses in accepting bitcoins as payment, offering a 5% discount to customers who use the virtual currency to buy licenses to the company’s mobile software system or hire its top-notch digital creative agency to build or brand web assets. Customers can simply transfer funds to the Fiddlefly corporate wallet.

Starting in January, they’ll be able to pay online via bitcoins using Fiddlefly’s automated API. Fiddlefly is also sending information on accepting payment in bitcoins to customers so that its clients can also begin conducting transactions using the secure digital currency.

“Like the Internet, Bitcoin doesn’t need to be advertised – if it’s something that works, people will use it,” noted Ramsey. “I think the explosion of global interest in Bitcoin is a sign of how much a safe digital currency was needed. We’re proud to be at the forefront of the Bitcoin revolution.”

About Fiddlefly

Fiddlefly, Inc. is one of the industry-leaders in mobile web development software, digital creative services and mobile industry portal development. Founded in 2010, the company has expanded from a small mobile web software firm into one of the "Top 5 movers and shakers in mobile design" according to Website Magazine, September 2013. Located in Columbia, Maryland the company focuses on strong strategic planning and understanding of consumer behavior to produce some of the best outcome-based innovative web projects.

For know more about Fiddlefly visit http://www.Fiddlefly.com/