Marijuana and Crypto, a match made in heaven?
Cannabis + Crypto
As many of you might know already there are several "potcoin" type cryptocurrencies on the market. You may also know that Marijuana has been legalized in several states and sooner or later it is going to be legal in all 50 states. Yet no bank is willing to accept profit from a marijuana business that I know of because banks typically think of marijuana businesses as too high risk.
Only crypto can offer banking services to marijuana businesses and these businesses also are in a very good position to pass on the benefits of crypto tech to their patrons. Many people currently live with chronic pain and for some people cannabis aka marijuana has been the best treatment. Ethereum has unique capabilities to allow people to automate business processes and logic and this can benefit the growing cannabis economy in a synergistic way.
In addition, Steem with the benefits of EOS will be able to offer one of the best possible support communities for cannabis users and chronic pain sufferers on the Internet.
What do you think? Do you think Steemians should organize to make use of EOS, of Ethereum, of Steem, in support of cannabis businesses and users? What sort of smart contracts do you think could be useful to help cannabis businesses supply better service? Would a 24/7 home delivery service make sense?
I agree with your analysis, unless the Federal Bank blockade ends soon, perhaps Jeff Sessions will spook GOP swamp to act. I think transaction cost free exchanges via steem/sbd would be revolutionary in the market.
Thanks for bringing it up. We need more ideas how to make both better!
You know it! I'm actually building the marriage facility right now! :p https://steemit.com/kushsmokers/@decentralizd/kushsmokers-update-www-kushsmokers-com-is-progressing-along-new-plugin-added-homepage-is-working-well-now-to-add-more-pages
I honestly think the Cannabis industry needs all the help it can get. There are growing regulations, heated debates, fear-mongering, and greedy tactics plaguing the industry. If we can use a decentralized currency to help deregulate and shed the shackles of traditional limited thinking for weed, I see the industry breaking through a lot of its current resistance.
Do you notice that similar people who don't like cannabis also don't like crypto? Have you ever met a person who likes crypto but hates cannabis?
Counter culture appeal to both topics
@dana-edwards am the one who love cryto but hates cannabis ..you might notbe aware of the effects of cannabis on our nervous system ..it completely blocks the nervous signals for a transient period so when u smoke cannabis you get temporarily desensitized by itz extract ..so i suggest have a little cannabis and not too much ..
No one believe this guy please.
If a man does not have proper linguistic skills in the dialect that we speak, he should not be taken seriously in such context.
Dialect aside, I still think his views should be considered and evaluated.
If only there were links that he could provide (valid sources of course), as just spreading such claims without any merit doesn't do much for most viewers here
Don't smoke! Why hate?
Hard to say man. Cryptocurrencies are a new mans game. Old money is only starting to hear about it, so yeah the market is likely to be a bit biased towards pro-weed at the moment, but the two aren't exactly mutually exclusive
Yes
Touche
I'm pro cryptocurrency but neutral on cannabis. If it works for you, cool.
LOL. That's true.
I agree. Lot of scared tactics going on, all while the people with the money invested in marijuana--while a the same time sharing the legislative seat--are doing whatever they want.
Crypto and cannabis is like SEC Gators and Gator-Ade. Mutually beneficial but not mutually exclusive. Gator-Ade became much bigger than just a sideline drinks for Florida Gators. We want crypto be be much bigger than Mary Jane sales
STEEM On !!
Dave
CRYPTO + SPLIFFTO = FREEEEEEEEEEDOOOOOOOOOOM !!!! :) :):)
Cannabis + Crypto are my life 😍
haha best comment yet!
Have and upvote and a follow for that
Thank you. Same to you(:
What du you thing about Hempcoin (THC) for the Cannabis industry?
https://steemit.com/hempcoin/@whatelse/the-hempcoin-thc
I like POTcoin (POT) the most.
Smoke weed everyday!
I had no idea this was the case, thanks for sharing! I wholeheartedly support freedom, and sincerely hope that cannabis businesses can bloom, for the sake of all those who truly need it. Upvoted and followed!
ⓐⓒⓘⓓ ⓖⓞⓓ ⓒⓐⓣ™
Freedom to choose is freedom to live. Lately that's been taken away ten fold. Democracy now.