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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 technology of choice. By encouraging merchants to offer discounts on their goods and services when customers paid with BTC, the holiday became a showcase for Bitcoin as a payment system, a tool to encourage more businesses to adopt it and a way for HODLers to embrace the circular. To propel the Bitcoin economy.

The team behind it Bitcoin Magazine has relaunched Bitcoin Black Friday this year with a new website with dozens of discounts on everything from hardware wallets and VPNs to clothing and gambling services.

Bitcoin has come a long way as a payment 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 these advancements in the Bitcoin circular economy and help readers understand how to participate, our editorial team wanted to underline the importance that celebrations like these play in building an economy where bitcoin is the medium of exchange of choice.

We’ve compiled related articles from some of the space’s top thinkers and most active participants below. As you prepare to celebrate Bitcoin Black Friday 2020 on November 27, read these pieces and remember: It’s not all about discounts, it’s about showcasing the future.

Since Bitcoin is a necessity, its economy will be circularBy Aleksander Svetski

If bitcoin is the next and last global money, then it is by definition (and by definition) already circular.

It’s time to join Bitcoin’s circular economyBy Ragnar Lifthrasir

Bitcoin’s circular economy is Bitcoin: without permission, not bound by identity and P2P. It’s time to get involved.

Also see


Four lies about Bitcoin’s circular economyBy Brian Harrington

It’s helpful to take a closer look at some lies about an increasingly popular topic: Bitcoin’s circular economy.

Finally, don’t forget to visit BitcoinBlackFriday.com and see for yourself the number of merchants from all types of industries actively encouraging the world to use bitcoin.


Peter Chawaga is a senior editor at Bitcoin Magazine. He HODLs BTC.





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