Bitcoin has already changed the world, and each and every passing day the evidence of this accumulates.
The Bitcoin Store is more than happy to announce that, as Bitcoin appreciates in price, business has increased dramatically, culminating recently in Black Friday, on which the Bitcoin Store generated $98,000 in total sales.
For the month of November alone, Bitcoin Store generated nearly $400,000 in sales.
This is particularly exciting for us, as wondering about the future velocity of Bitcoin has always been a concern of Bitcoin Store’s and other bitcoin merchants. As it turns out, with Bitcoin having appreciated in price as it has, people are more excited than ever to buy things like the Zen Magnets Bitcoin Set, which was the Bitcoin Store’s top-seller on Black Friday.
We believe the Bitcoin Store has done so well specifically because we do business solely in Bitcoin. We are here to change the world for the better with the most streamlined payment system that has ever existed, decentralized and independent.
Mere months ago people believed that by only accepting Bitcoin the Bitcoin Store was limiting its customer base. But, truth be told, we have discovered that the opposite is true: people are willing to go out of their way and buy bitcoins to buy goods from our store.
And now, with Bitcoin prices breaking records day-in and day-out, people have realized that the Bitcoin Store and countless other bitcoiners the world over were right: decentralized cryptographic currencies are the future, and the future is now.
The rising price of Bitcoin, from our perspective, has resulted in increased bitcoin velocity, with more individuals spending their bitcoins at the Bitcoin Store than ever before.
We believe this to be extremely positive for Bitcoin, as the velocity of a currency or asset oftentimes hints at its overall health. Thus, Bitcoin is healthier than ever before.