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Author Topic: Marijuana Dispenceries Starting to Accpet Bitcoin  (Read 2070 times)
MasterYii
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August 11, 2015, 05:28:44 AM
 #21

The more bit coin is used for illegal and harmful trades the worse it is for the future and policy that will be applied to it by governments and banks in the future.
So it's a bad development I think.

I see what you are trying to say, uses like this will be pulled out of the context by our enemies and they will use this against us. This will very well happen, but the truth in my opinion is that we can't influence this at all. I mean people will use Bitcoin for anything if it suits them and if they find it useful. Are drugs and guns in tbjs group? Well probably yes but we can't stop that.

Authorities should just fight all drug dealers, nevertheless of which payment method they are using for getting payed.

It kinda sucks too, cause it hurts some levels of new faces into bitcoin.

And then they debate on either even supporting it or not. But, yeah let the authorities do their job.. also the comment above about drug cartels I didnt even know the bank allowed that like wth??
OBAViJEST
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August 11, 2015, 05:29:41 AM
 #22

Technology is always one step ahead...don't fret, dear lads Kiss
Erdogan
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August 11, 2015, 10:56:51 AM
 #23

I hope they're not using a processor like Bitpay because they'll get shut down just as quickly as a conventional bank account.

I would imagine that they would take it directly.
For the last 2 or 3 years there have been many reports about dispensary operators carrying around bags of cash because armored companies wouldn't touch that field and banks were shutting down accounts... So these people were literally sleeping on mattresses stuffed with cash. If they accept Bitcoin directly, it takes up no extra space and can be secured with encryption. It's win-win for them.

I own a compassion club. We have been thinking about converting to bitcoin for this exact reason. Bitcoin seems like a much safer viable solution. The biggest problem though is price stability, that is crucial when running a business with overhead.

Mitigate risk using futures. Have as many shorts as you have coins, adjust to your bitcoin balance at any time.
MasterYii
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August 12, 2015, 10:36:41 PM
 #24

It doesnt matter either way.

They been moving their money around before bitcoin has been around. So it shouldnt effect the prices of bitcoin unless some huge whale was a part of a drug cartel that owns multiple dispenceries then I understand.
bram_vnl
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August 12, 2015, 10:38:09 PM
 #25

i now 1 coffeeshop in the netherlands accept btc
AtheistAKASaneBrain
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August 12, 2015, 10:51:23 PM
 #26

i now 1 coffeeshop in the netherlands accept btc
I think there's more than one. Since its legal in Netherlands, its very easy to find some bitcoin supporters taking advantage and selling legit weed over there.
Brewins
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August 13, 2015, 01:11:49 AM
 #27

The more bit coin is used for illegal and harmful trades the worse it is for the future and policy that will be applied to it by governments and banks in the future.
So it's a bad development I think.

Maeijuana is not illegal everywhere and not for all usages.

What marijuana stores accept BTC?
tyrexs
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August 13, 2015, 06:41:09 AM
 #28

where the store marijuana accept bitcoin. i want buy marijuana using my bitcoin but i can't because marijuana illegal in my country.

mattiadeabtc
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August 13, 2015, 07:58:03 AM
 #29

i now 1 coffeeshop in the netherlands accept btc

can you post here the name or in pm?
Thanks
 Wink

Giggs
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August 13, 2015, 11:30:24 AM
 #30

Whats everyone's thoughts on the recent reporting that marijuana dispensaries are beginning to accept bitcoins and take advantage of its usefulness.

Sources for this? I haven't heard of any definitely accepting it but it's something I think they should do. Hopefully they accept bitcoin over all the cannabis crapcoins etc.
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August 13, 2015, 11:50:48 AM
 #31

The more bit coin is used for illegal and harmful trades the worse it is for the future and policy that will be applied to it by governments and banks in the future.
So it's a bad development I think.

Weed dispensaries aren't illegal in select states in the US.

I hope they're not using a processor like Bitpay because they'll get shut down just as quickly as a conventional bank account.

This would kinda defeat the purpose of accepting bitcoin under these circumstances. I think they're only forced to use bitcoin because banks wont work with them.

i now 1 coffeeshop in the netherlands accept btc

Which ones? I might be going to Amsterdam later in the year. Would be cool to buy some weed with bitcoins.

where the store marijuana accept bitcoin. i want buy marijuana using my bitcoin but i can't because marijuana illegal in my country.

Then you need to go to the deepweb and buy from sites like Silk road (though obviously not SR because it's dead but there are others if you do the research.

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