Bitcoin Black Friday was started by Jon Holmquist in 2012 as a way to co-opt a mainstream celebration of consumerism and help Bitcoiners promote their favorite technology. By encouraging merchants to offer discounts on their goods and services when shoppers paid with BTC, the holiday became a showcase for Bitcoin as a payments system, a tool to encourage more businesses to adopt it and a way for HODLers to propel the Bitcoin circular economy.
The team behind Bitcoin Magazine relaunched Bitcoin Black Friday this year with a refreshed website featuring dozens of discounts on things as diverse as hardware wallets and VPNs to apparel and gambling services.
Bitcoin has come a long way as a payments technology since 2012. There are a variety of bitcoin-backed debit and credit cards, high-quality bitcoin payment processors and, of course, the Lightning Network, which has made bitcoin payments vastly more efficient. To showcase