Coinbase waiving 1% fee for Bitcoin Black Friday, merchants also offering discounts

Coinbase will be waiving the 1% fee normally charged to merchants accepting and converting Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term for the upcoming Bitcoin Black Friday, which is expected to be the biggest ever.

Some of its better-known supported merchants will also have special offers. Overstock will be donating 4% of bitcoin-based proceeds back to the Bitcoin community. eGifter will be offering 7x points on bitcoin purchases from the US, while CheapAir will give $15 off flights.

Numerous other merchants are expected to have bitcoin-specific promotions. 600 merchants participated in last year's campaign and 1200 are expected this year, according to Jon Holmquist, organizer of the campaign. Often, deals aren't known in advance until the middle of the shopping day, as sellers can list their offers on their own through the campaign's website.