29 Nov '14, 2pm

Bitcoin Black Friday: Participation Rising ‘As People Discover They Can Save Money Using Bitcoin’

Black Friday becomes an ever more popular event with early Christmas shoppers each year, especially during the last decade. Americans traditionally venture out from their homes in vast numbers on this day, to trample over each other in jam-packed stores just to save $20 on a Crock-Pot or an electric razor. The number of injures , both serious and life threatening, not counting those caused by traffic accidents, reaches new heights each year. The internet is changing the dynamics of holiday shopping all over the world, also affecting Black Friday. The problem for merchants is discount rates. Brick-and-mortar stores take in a great deal of cash, but online merchants get stuck accepting bank plastic, which comes with a fee. This problem opens a wide door for merchants to expand their payment options to include Bitcoin Black Friday , the brainchild of Jon Holmquist. Holmquist ...

Full article: http://cointelegraph.com/news/113012/bitcoin-black-friday...

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