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Title: bitcoin medical marijuana opportunity? Post by: notig on March 03, 2013, 07:48:01 PM http://www.buzzfeed.com/emofly/my-life-as-a-professional-cannabis-baker
from the article Quote It's tough to build a business because the marijuana industry is so unstable. The conflicting state and federal laws are hard to navigate. Banks don't want to deal with you. You can't get a checking account because a lot of banks have been threatened at the federal level and are told they are not to hold funds for anyone involved in the business of medical marijuana. You don't know if the dispensaries you're working with are going to be around next week. That's scary. In my former profession, I was used to networking and finding a group of people to work with. People in this industry are very protective and isolated, so it's hard to find a community. Even though everything I am doing is legal, it's very hard to do business. could using bitcoin somehow sidestep these issues? Title: Re: bitcoin medical marijuana opportunity? Post by: Lethn on March 03, 2013, 07:53:16 PM Easily, he'd just have to keep a low profile, that's why a lot of governments are so scared of it.
Title: Re: bitcoin medical marijuana opportunity? Post by: jhansen858 on March 03, 2013, 08:02:54 PM These businesses are already almost "cash only" businesses. Using BTC doesn't really help. The weak link here is that they need a place to do business. And if that place is getting shut down then all the money in the world isn't going to help.
Title: Re: bitcoin medical marijuana opportunity? Post by: DarkBet on March 03, 2013, 10:04:28 PM These businesses are already almost "cash only" businesses. Using BTC doesn't really help. The weak link here is that they need a place to do business. And if that place is getting shut down then all the money in the world isn't going to help. True, this business is cash mostly and the main problems associated with it wouldn't be helped much by bitcoin for now, in today's landscape. (no pun intended). And btw, if I had a shop like this I would make sure I had my finances in the most transparent way possible, thats for sure. Title: Re: bitcoin medical marijuana opportunity? Post by: Vernon715 on March 05, 2013, 02:18:50 AM Its called the silk road....
Title: Re: bitcoin medical marijuana opportunity? Post by: Monster Tent on March 05, 2013, 07:39:55 AM |