Bitcoin Playing big part of black friday

Black Friday will likely never be the same as Bitcoin announces its second annual Bitcoin Friday, and the first of which lands on Black Friday. The internet currency company aids in the purchase of everything from web domains to airline tickets to products through Amazon.com to even charity donations(CNN Money). The e-currency has many participating companies granting discounts for using Bitcoin, and there are some great deals out there.

There are more and more companies who are currently joining this community as more companies become aware of the strength of e-currency and the power that companies like Bitcoin have to make it a very easy reality. Credit cards were invented in the early 1900s for department stores and big companies. Plastic cards came in 1959 with American Express’ cross into the credit industry. Open-loop, or credit with many different banks cooperating together came later. With it came the world of money most know and enjoy freedom with today.

Bank cards and debit cards allowed for nearly direct transfer of funds from one’s own personal account to a company. There are now so many ways to purchase things both out in the physical world and online in cyberspace. With the advent of these many different cyber-credit companies, who knows what’s next for the money/ currency industry.

How to get your own bitcoins:

You could buy your bitcoins from someone else on the Internet. You can also buy them through international exchanges like Mt. Gox, a bitcoin exchange based in Tokyo. The easiest way to do it, for now, is with Coinbase, a San Francisco-based company that received $6.1 million in investor funding earlier this year.