April 18, 2024

Mission completed - Black Bitcoin-Friday project announces closure

«Black Bitcoin Friday», one of the oldest initiatives in the cryptocurrency space, announced itsclosing. According to the creator of the project, John Holkmkvist, the mission is fully completed, and the use of BTC for consumer payments no longer appeals to him personally.

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&#171;End of an era&#187;,— John Holkmquist wrote.

In a statement on Bitcoinfriday.com, Holkmquist explained that over the seven years of the project's existence, he "fell out of love with the use of Bitcoin as a means of payment for consumers."

In his opinion, the first cryptocurrency is primarily an investment and financial instrument.

&#171;Both in my career and personal views, I have moved away from using BTC as a new means of payment&#187;,Holkmquist said.

He recalled that the project was launched with the goaldispel the image of Bitcoin as a shadow market currency. In partnership with retailers, Holkmquist organized the participation of coin owners in the traditional sales day - Black Friday.

&#171;With the awareness that cryptocurrencies are widelywidespread and almost common knowledge, Bitcoin's initial problems with the press are a thing of the past. I think that the original mission of this site is very much accomplished&#187;,- he emphasized.

However, Holkmkvist is not opposed to anyone else continuing the project and open to negotiations.

Let us remind you that in the first &#171;Black Bitcoin Friday&#187; in 2012, 50 retailers took part, and two years later their number grew to 600.