Bitcoin Black Friday Is on the Way
‘Black Friday’ is one of the busiest shopping days in the United States. It is a day of unbridled consumerism on steroids, when people pitch tents and lay sleeping bags in front of retail stores and malls across the country, getting ready for the big event.
Black Friday is usually celebrated exclusively in the United States, but this is rapidly changing following the introduction two years ago of ‘Bitcoin Black Friday.’ The event is the brainchild of Jon Holmquist, the event’s founder and primary cheerleader.
Black Friday has been getting quite a bit of negative press in recent months because many retail stores are opening up on the day of Thanksgiving, rather than waiting for Friday. Some are even threatening to fire workers who fail to show up. Walmart workers are threatening to strike.
The Thanksgiving holiday, for those unfamiliar with it, is not celebrated on a specific date. Instead it is scheduled for the last Thursday of each November. The holiday was created by President Abraham Lincoln during the Civil War and workers were traditionally given a long weekend to celebrate.
This post was published at Coin Telegraph on 2014-11-25.