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30 Oct '12, 4am

Bitcoin merchants working to attract adoption with their own Black Friday by @jfalconer

A group of Bitcoin merchants have banded together to create Bitcoin Friday, their own take on Black Friday sales, the American Banker reports . Bitcoin Friday is set for the 9th of November. The goal of the event is to show consumers that transacting with Bitcoins can be cheaper and save them money, according to organizer Jon Holmquist. Holmquist is himself a Bitcoin merchant, running a marketplace for buying gold and silver with the cryptocurrency. Coinabul has been in operation for just over a year after opening in October 2011. Bitcoin Friday has attracted a number of merchants so far, including — of course — Coinabul, major Bitcoin exchange Mt. Gox and BitInstant. There are a number of niche providers: BitPantry, a seller of baked goods, StompRomp, which sells guitars, BitBrew, a coffee and tea merchant. A Berlin restaurant and a photographer are also among the partici...

Full article: http://thenextweb.com/insider/2012/10/30/bitcoin-merchant...

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