You can now use Bitcoin to generate tax revenue for Colorado by buying Marijuana

[RomertL]

What incentive is there to use cash to buy Bitcoins to buy marijuana when you could just use the cash to buy it? The reason to use debit or credit cards would be the convenience of not having to stop by the bank first to get cash. Bitcoins, in this case, would provide no benefit in anonymity or convenience.

I just think people who got Bitcoins might take an advantage of this.

Well apart from already having bitcoin, I would still prefer to buy lots of bitcoin for cash ONE time and then use it MANY times to buy weed. Sideeffect: you'll get more weed as btc price in usd continues to rise...

[DeboraMeeks]

Not sure if this can be categorized as good or bad publicity (though it's done legally).

[guybrushthreepwood]

Not sure if this can be categorized as good or bad publicity (though it's done legally).

This is brilliant news. How can it be bad?

[BurtW]

Change the spelling.  It is COLORADO.

[QuestionAuthority]

Change the spelling.  It is COLORADO.

He can't spell Colorado correctly but he can spell marijuana. It's all about priorities dude. lol

[kjlimo]

What incentive is there to use cash to buy Bitcoins to buy marijuana when you could just use the cash to buy it? The reason to use debit or credit cards would be the convenience of not having to stop by the bank first to get cash. Bitcoins, in this case, would provide no benefit in anonymity or convenience.

I just think people who got Bitcoins might take an advantage of this.

Stoner miners or minor stoners. lol

A little of both?

[kjlimo]

Is there an actual place setup to accept bitcoin payments yet?

[BTCisthefuture]

Is there an actual place setup to accept bitcoin payments yet?

Only one place that I know (i forgot the name)  other places are seriously considering it though , i'd be shocked if it didn't catch on with other pot stores.