Bitcoin Forum
March 19, 2024, 07:07:23 AM *
News: Latest Bitcoin Core release: 26.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 ... 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 [231] 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 »
  Print  
Author Topic: [ANN] CannabisCoin [CANN][X11][Official] Unmoderated General Discussions.  (Read 492705 times)
Maurizio
Hero Member
*****
Offline Offline

Activity: 770
Merit: 500


View Profile
October 18, 2014, 01:00:03 PM
 #4601

A lot newbie accounts try to FUD and shake you out to steel your profit.
Don`t feed the Trolls. Don`t quote them, don`t answer them. Buy $CANN

           ▀██▄ ▄██▀
            ▐█████▌
           ▄███▀███▄
         ▄████▄  ▀███▄
       ▄███▀ ▀██▄  ▀███▄
     ▄███▀  ▄█████▄  ▀███▄
   ▄███▀  ▄███▀ ▀███▄  ▀███▄
  ███▀  ▄████▌   ▐████▄  ▀███
 ███   ██▀  ██▄ ▄██  ▀██   ███
███   ███  ███   ███  ███   ███
███   ███   ███████   ███   ███
 ███   ███▄▄       ▄▄███   ███
  ███▄   ▀▀█████████▀▀   ▄███
   ▀████▄▄           ▄▄████▀
      ▀▀███████████████▀▀
DeepOnion
.Anonymous and Untraceable.
ANN  Whitepaper  Facebook  Twitter  Telegram  Discord 





      ▄▄██████████▄▄
    ▄███▀▀      ▀▀█▀   ▄▄
   ███▀              ▄███
  ███              ▄███▀   ▄▄
 ███▌  ▄▄▄▄      ▄███▀   ▄███
▐███  ██████   ▄███▀   ▄███▀
███▌ ███  ███▄███▀   ▄███▀
███▌ ███   ████▀   ▄███▀
███▌  ███   █▀   ▄███▀  ███
▐███   ███     ▄███▀   ███
 ███▌   ███  ▄███▀     ███
  ███    ██████▀      ███
   ███▄             ▄███
    ▀███▄▄       ▄▄███▀
      ▀▀███████████▀▀
.
1710832043
Hero Member
*
Offline Offline

Posts: 1710832043

View Profile Personal Message (Offline)

Ignore
1710832043
Reply with quote  #2

1710832043
Report to moderator
1710832043
Hero Member
*
Offline Offline

Posts: 1710832043

View Profile Personal Message (Offline)

Ignore
1710832043
Reply with quote  #2

1710832043
Report to moderator
1710832043
Hero Member
*
Offline Offline

Posts: 1710832043

View Profile Personal Message (Offline)

Ignore
1710832043
Reply with quote  #2

1710832043
Report to moderator
According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
unusualfacts30
Hero Member
*****
Offline Offline

Activity: 1540
Merit: 500



View Profile
October 18, 2014, 01:00:30 PM
 #4602

Okay. It's him.

Here is the screenshot of the node.



IRC node

#cann

Decentralized
Asset-Backed Banking

  ▄▄██████████████████
 █████████████████████
█████▀▀
████▀    ████
████     ████
████     ████
         ████     ████
         ████    ▄████
               ▄▄█████
█████████████████████
██████████████████▀▀ 
.TheStandard.io.█▀▀▀











█▄▄▄
▀▀▀█











▄▄▄█
████████████████████████████
████████████████████████████
████████████████████████████
█████████████████▀▀  ███████
█████████████▀▀      ███████
█████████▀▀   ▄▄     ███████
█████▀▀    ▄█▀▀     ████████
█████████ █▀        ████████
█████████ █ ▄███▄   ████████
██████████████████▄▄████████
████████████████████████████
████████████████████████████
████████████████████████████
Edraket31
Hero Member
*****
Offline Offline

Activity: 1190
Merit: 511



View Profile
October 18, 2014, 01:00:49 PM
 #4603

I dont understand the excitement....
There is only one sellingpoint whom has a limit of sells p/day.
Lets say....1000 gr is their limit....that is already a lot
That is only 1000 coins....no way that 1000 coins are gonna influence the price

Well I think the point is would you risk a dollar for the possibility of 20 grams of weed right now? I'd probably do it just as a lottery entry, and with this you'll actually get the weed over time.

Could be a good gamble, but I don't see the general public buying bitcoins to swap them to cannabiscoins to do a gamble

pineapples
Legendary
*
Offline Offline

Activity: 1204
Merit: 1000


to your stations, man the pineapples!!!


View Profile
October 18, 2014, 01:01:18 PM
 #4604

Guys, it's him. He is on IRC right now so go there and confirm it with him if you are suspicious:

8:47 AM <•DeltaNineDev> the moderators banned my 'CannabisCoinDev' account because I post english news about the event in NON-ENGLISH altcoin sections
8:48 AM <•DeltaNineDev> BANNED for 10 Days.
8:48 AM <•DeltaNineDev> I think I have 7 days left or 8
8:48 AM <fishpaste> lol
8:48 AM <•DeltaNineDev> Smiley
8:48 AM <•DeltaNineDev> I know I know.  shame on me


haha
i'm <fishpaste> and that's not an accurate copy
it should be

8:47 AM <•DeltaNineDev> the moderators banned my 'CannabisCoinDev' account because I post english news about the event in NON-ENGLISH altcoin sections
8:48 AM <•DeltaNineDev> BANNED for 10 Days.
8:48 AM <•DeltaNineDev> I think I have 7 days left or 8
8:48 AM <fishpaste> lol
8:48 AM <•DeltaNineDev> Smiley
8:48 AM <fishpaste> you rule breaker
8:48 AM <•DeltaNineDev> I know I know.  shame on me
8:48 AM <•DeltaNineDev> lol


//
lol minor difference but i thought it was funny.
and YESWECANN does indeed appear to be deltanine



YEEE F*#KIN HA BIG RED TEXT !!!           

(\__/)    
(='.'=)   
(")_(")   










     BUMBA
YESWECANN
Sr. Member
****
Offline Offline

Activity: 286
Merit: 250

http://twitter.com/CannabisCoins


View Profile WWW
October 18, 2014, 01:03:04 PM
 #4605

https://twitter.com/CannabisCoins/status/523458662762049536

DO NOT INGORE THIS GUY.  ITS ME!!

Official CannabisCoin [CANN] Forum Moderator
RockHound
Full Member
***
Offline Offline

Activity: 224
Merit: 100


View Profile
October 18, 2014, 01:03:25 PM
 #4606



Bet you Big dawg Jered Kenna got on board & picked up some CANN last night  - good stuff!


(Money & Tech Founder) http://theweek.com/article/index/242687/meet-5-people-who-made-millions-off-bitcoin
Maurizio
Hero Member
*****
Offline Offline

Activity: 770
Merit: 500


View Profile
October 18, 2014, 01:04:15 PM
 #4607

Alright, if it's a fake account then it's a pretty good one...I buy that it's real. I guess I consider this good news. It'll look good for CANN if HWC sells out of their daily limit. It should get a lot of press and bring big investments. It'd be cool to hear what other places are lined up to accept CANN, but I'm sure that's coming Monday. It's gotta be strategic so the price doesn't drop too hard after the event. Back to sleep.

This is great news, and wonderful strategy on the CANN team. This will get momentum going, which will attract media attention, and will bring other big members on board. The plants are in VEG state, which means I assume only a few months before full production, at which point the price will be close to parity, especially after the coming proof on Monday that CANN will be accepted!!

YES WE CANN!!!!!

https://twitter.com/followPND <-- there you find the Proof of Delta9

           ▀██▄ ▄██▀
            ▐█████▌
           ▄███▀███▄
         ▄████▄  ▀███▄
       ▄███▀ ▀██▄  ▀███▄
     ▄███▀  ▄█████▄  ▀███▄
   ▄███▀  ▄███▀ ▀███▄  ▀███▄
  ███▀  ▄████▌   ▐████▄  ▀███
 ███   ██▀  ██▄ ▄██  ▀██   ███
███   ███  ███   ███  ███   ███
███   ███   ███████   ███   ███
 ███   ███▄▄       ▄▄███   ███
  ███▄   ▀▀█████████▀▀   ▄███
   ▀████▄▄           ▄▄████▀
      ▀▀███████████████▀▀
DeepOnion
.Anonymous and Untraceable.
ANN  Whitepaper  Facebook  Twitter  Telegram  Discord 





      ▄▄██████████▄▄
    ▄███▀▀      ▀▀█▀   ▄▄
   ███▀              ▄███
  ███              ▄███▀   ▄▄
 ███▌  ▄▄▄▄      ▄███▀   ▄███
▐███  ██████   ▄███▀   ▄███▀
███▌ ███  ███▄███▀   ▄███▀
███▌ ███   ████▀   ▄███▀
███▌  ███   █▀   ▄███▀  ███
▐███   ███     ▄███▀   ███
 ███▌   ███  ▄███▀     ███
  ███    ██████▀      ███
   ███▄             ▄███
    ▀███▄▄       ▄▄███▀
      ▀▀███████████▀▀
.
mitchr4
Legendary
*
Offline Offline

Activity: 2632
Merit: 1017


Join the world-leading crypto sportsbook NOW!


View Profile
October 18, 2014, 01:07:05 PM
 #4608

I dont understand the excitement....
There is only one sellingpoint whom has a limit of sells p/day.
Lets say....1000 gr is their limit....that is already a lot
That is only 1000 coins....no way that 1000 coins are gonna influence the price

Well I think the point is would you risk a dollar for the possibility of 20 grams of weed right now? I'd probably do it just as a lottery entry, and with this you'll actually get the weed over time.

Could be a good gamble, but I don't see the general public buying bitcoins to swap them to cannabiscoins to do a gamble

Look if you can get people who bought a gram for CANN on camera... Then it doesn't matter if it's 5 cent or even 50 cent grams... The costumers will come for a massive discount. You'll see local bitcoins explode in AZ. Or people sharing coinbase accounts. This will be good for all of crypto. People clip coupons for hours just to save 10%... CANNdy is 99.9% off right now. And what's that? Oh it's got a decent chance at doubling or quadrupling my money?

  ▄▄███████▄███████▄▄▄
 █████████████
▀▀▀▀▀▀████▄▄
███████████████
       ▀▀███▄
███████████████
          ▀███
 █████████████
             ███
███████████▀▀               ███
███                         ███
███                         ███
 ███                       ███
  ███▄                   ▄███
   ▀███▄▄             ▄▄███▀
     ▀▀████▄▄▄▄▄▄▄▄▄████▀▀
         ▀▀▀███████▀▀▀
░░░████▄▄▄▄
░▄▄░
▄▄███████▄▀█████▄▄
██▄████▌▐█▌█████▄██
████▀▄▄▄▌███░▄▄▄▀████
██████▄▄▄█▄▄▄██████
█░███████░▐█▌░███████░█
▀▀██▀░██░▐█▌░██░▀██▀▀
▄▄▄░█▀░█░██░▐█▌░██░█░▀█░▄▄▄
██▀░░░░▀██░▐█▌░██▀░░░░▀██
▀██
█████▄███▀▀██▀▀███▄███████▀
▀███████████████████████▀
▀▀▀▀███████████▀▀▀▀
▄▄██████▄▄
▀█▀
█  █▀█▀
  ▄█  ██  █▄  ▄
█ ▄█ █▀█▄▄█▀█ █▄ █
▀▄█ █ ███▄▄▄▄███ █ █▄▀
▀▀ █    ▄▄▄▄    █ ▀▀
   ██████   █
█     ▀▀     █
▀▄▀▄▀▄▀▄▀▄▀▄
▄ ██████▀▀██████ ▄
▄████████ ██ ████████▄
▀▀███████▄▄███████▀▀
▀▀▀████████▀▀▀
█████████████LEADING CRYPTO SPORTSBOOK & CASINO█████████████
MULTI
CURRENCY
1500+
CASINO GAMES
CRYPTO EXCLUSIVE
CLUBHOUSE
FAST & SECURE
PAYMENTS
.
..PLAY NOW!..
altnews
Member
**
Offline Offline

Activity: 74
Merit: 10


View Profile
October 18, 2014, 01:09:22 PM
 #4609

media attention would be cool too
VICE, WIRED?
moonchaser
Sr. Member
****
Offline Offline

Activity: 442
Merit: 250



View Profile WWW
October 18, 2014, 01:12:42 PM
 #4610

I dont understand the excitement....
There is only one sellingpoint whom has a limit of sells p/day.
Lets say....1000 gr is their limit....that is already a lot
That is only 1000 coins....no way that 1000 coins are gonna influence the price

Well I think the point is would you risk a dollar for the possibility of 20 grams of weed right now? I'd probably do it just as a lottery entry, and with this you'll actually get the weed over time.

Could be a good gamble, but I don't see the general public buying bitcoins to swap them to cannabiscoins to do a gamble
Jesus man! You guys are totally missing the point!
When 1 dollar from the real world touches the CANN coin to buy cannabis it makes CANN coin the FIRST and ONLY cryptocoin with REAL USE in the REAL WORLD.
This is HUGE!

MinePi Mobile Mining Invitation Code               Publish0x               SteemIt               Youtube
rustynailer
Hero Member
*****
Offline Offline

Activity: 725
Merit: 501


Boycott Qatar 2022


View Profile
October 18, 2014, 01:14:21 PM
 #4611

The amount of fud on here is crazy.  More than normal everyday fud lol
burner2014
Hero Member
*****
Offline Offline

Activity: 952
Merit: 515


View Profile
October 18, 2014, 01:16:08 PM
 #4612

I dont understand the excitement....
There is only one sellingpoint whom has a limit of sells p/day.
Lets say....1000 gr is their limit....that is already a lot
That is only 1000 coins....no way that 1000 coins are gonna influence the price

Well I think the point is would you risk a dollar for the possibility of 20 grams of weed right now? I'd probably do it just as a lottery entry, and with this you'll actually get the weed over time.

Could be a good gamble, but I don't see the general public buying bitcoins to swap them to cannabiscoins to do a gamble
Jesus man! You guys are totally missing the point!
When 1 dollar from the real world touches the CANN coin to buy cannabis it makes CANN coin the FIRST and ONLY cryptocoin with REAL USE in the REAL WORLD.
This is HUGE!


Thats so true and a lot of people will realize after Monday.. you think the train is gone? I think its still early adoption to buy at this price. We are at 0.08 $ per coin, and the price is set to 1 $ per 1 gram by default. So even if we don't hit 5 $ this month, we will easily hit 0.5 $ if Monday is a good event and people use CANN to pay.
mitchr4
Legendary
*
Offline Offline

Activity: 2632
Merit: 1017


Join the world-leading crypto sportsbook NOW!


View Profile
October 18, 2014, 01:16:38 PM
 #4613

I dont understand the excitement....
There is only one sellingpoint whom has a limit of sells p/day.
Lets say....1000 gr is their limit....that is already a lot
That is only 1000 coins....no way that 1000 coins are gonna influence the price

Well I think the point is would you risk a dollar for the possibility of 20 grams of weed right now? I'd probably do it just as a lottery entry, and with this you'll actually get the weed over time.

Could be a good gamble, but I don't see the general public buying bitcoins to swap them to cannabiscoins to do a gamble
Jesus man! You guys are totally missing the point!
When 1 dollar from the real world touches the CANN coin to buy cannabis it makes CANN coin the FIRST and ONLY cryptocoin with REAL USE in the REAL WORLD.
This is HUGE!


Well, uh, there's bitcoin... Which has a lot of real world use... But I like the enthusiasm!

  ▄▄███████▄███████▄▄▄
 █████████████
▀▀▀▀▀▀████▄▄
███████████████
       ▀▀███▄
███████████████
          ▀███
 █████████████
             ███
███████████▀▀               ███
███                         ███
███                         ███
 ███                       ███
  ███▄                   ▄███
   ▀███▄▄             ▄▄███▀
     ▀▀████▄▄▄▄▄▄▄▄▄████▀▀
         ▀▀▀███████▀▀▀
░░░████▄▄▄▄
░▄▄░
▄▄███████▄▀█████▄▄
██▄████▌▐█▌█████▄██
████▀▄▄▄▌███░▄▄▄▀████
██████▄▄▄█▄▄▄██████
█░███████░▐█▌░███████░█
▀▀██▀░██░▐█▌░██░▀██▀▀
▄▄▄░█▀░█░██░▐█▌░██░█░▀█░▄▄▄
██▀░░░░▀██░▐█▌░██▀░░░░▀██
▀██
█████▄███▀▀██▀▀███▄███████▀
▀███████████████████████▀
▀▀▀▀███████████▀▀▀▀
▄▄██████▄▄
▀█▀
█  █▀█▀
  ▄█  ██  █▄  ▄
█ ▄█ █▀█▄▄█▀█ █▄ █
▀▄█ █ ███▄▄▄▄███ █ █▄▀
▀▀ █    ▄▄▄▄    █ ▀▀
   ██████   █
█     ▀▀     █
▀▄▀▄▀▄▀▄▀▄▀▄
▄ ██████▀▀██████ ▄
▄████████ ██ ████████▄
▀▀███████▄▄███████▀▀
▀▀▀████████▀▀▀
█████████████LEADING CRYPTO SPORTSBOOK & CASINO█████████████
MULTI
CURRENCY
1500+
CASINO GAMES
CRYPTO EXCLUSIVE
CLUBHOUSE
FAST & SECURE
PAYMENTS
.
..PLAY NOW!..
Annington
Newbie
*
Offline Offline

Activity: 43
Merit: 0


View Profile
October 18, 2014, 01:17:43 PM
 #4614

How are the Cannabiscoin devs going to deal w/ the fact that marajuana related transactions are illegal under Federal law?

At present if the government so decided they could shut down Cannabiscoin and seize all assets immediately.  Just because this is on the block chain means nothing. If some from the AGs office in DC calls up Bittrex and Crypsy that's the end of trading essentially killing the coin. They know who the dev is and he'd find himself on charges for money laundering, selling marajuana to kids (it just takes one teenager to buy one gram of pot with Cannabiscoin from a friend to send the dev away for 20 years, etc.)

The banks were given vague clearance to go ahead as long as they meet strict reporting requirements:

FinCEN's legal guidance creates two new categories for banks to report transactions with marijuana businesses. All transactions will be labeled as "suspicious" and banks will have to file so-called Suspicious Activity Reports. Those transactions that banks believe are legal marijuana business can be reported to FinCEN as "marijuana limited" transactions. Those that banks believe may be illegal would be filed as "marijuana priority" transactions and would generate further scrutiny from regulators.

Frank Keating, president and CEO of the American Bankers Association, said:

"While we appreciate the efforts by the Department of Justice and FinCEN, guidance or regulation doesn't alter the underlying challenge for banks," he said. "As it stands, possession or distribution of marijuana violates federal law, and banks that provide support for those activities face the risk of prosecution and assorted sanctions."

Cannabiscoin is a financial instrument specifically designed to facilitate marajuana transactions and as such flies directly in the face of the law.  Banks can hide under the figleaf that they "believe" a transaction involves pot but a cannabiscoin coin transaction will always definitely be for the purchase of pot giving no leeway re enforcement.  Furthermore banks are required to provide detailed transaction history to regulators. Does cannabiscoin have the accountants and regulatory staff to provide this data? Here are the rules:

Also, how does Cannabiscoin handle the post 9/11 Know Your Customer rules that all financial structures must follow? Altcoins fly under the radar because the government could care less about people buying beef jerky, USB cables, etc. Cannabiscoin will actively promote the wide spread distribution and sale of narcotics and so will be under a microscope. Here are the requirements:

Collection and analysis of basic identity information (referred to in US regulations and practice a "Customer Identification Program" or CIP)
Name matching against lists of known parties (such as "politically exposed person" or PEP)
Determination of the customer's risk in terms of propensity to commit money laundering, terrorist finance, or identity theft
Creation of an expectation of a customer's transactional behavior
Monitoring of a customer's transactions against their expected behaviour and recorded profile as well as that of the customer's peers


Of course since these are valid and uncomfortable people the hurry and buy a ticket for a train ride to the moon people will scream FUD in great big red letters. Let them. Real investors need answers ASAP.
burner2014
Hero Member
*****
Offline Offline

Activity: 952
Merit: 515


View Profile
October 18, 2014, 01:19:38 PM
 #4615

Is it possible to make Bitcointalk Threads were only Full Members + can write? Cheesy

I don't know but I feel all newbie accounts are against CANN Cheesy
Its so easy to write with a newbie account...
moonchaser
Sr. Member
****
Offline Offline

Activity: 442
Merit: 250



View Profile WWW
October 18, 2014, 01:21:26 PM
 #4616

How are the Cannabiscoin devs going to deal w/ the fact that marajuana related transactions are illegal under Federal law?

At present if the government so decided they could shut down Cannabiscoin and seize all assets immediately.  Just because this is on the block chain means nothing. If some from the AGs office in DC calls up Bittrex and Crypsy that's the end of trading essentially killing the coin. They know who the dev is and he'd find himself on charges for money laundering, selling marajuana to kids (it just takes one teenager to buy one gram of pot with Cannabiscoin from a friend to send the dev away for 20 years, etc.)

The banks were given vague clearance to go ahead as long as they meet strict reporting requirements:

FinCEN's legal guidance creates two new categories for banks to report transactions with marijuana businesses. All transactions will be labeled as "suspicious" and banks will have to file so-called Suspicious Activity Reports. Those transactions that banks believe are legal marijuana business can be reported to FinCEN as "marijuana limited" transactions. Those that banks believe may be illegal would be filed as "marijuana priority" transactions and would generate further scrutiny from regulators.

Frank Keating, president and CEO of the American Bankers Association, said:

"While we appreciate the efforts by the Department of Justice and FinCEN, guidance or regulation doesn't alter the underlying challenge for banks," he said. "As it stands, possession or distribution of marijuana violates federal law, and banks that provide support for those activities face the risk of prosecution and assorted sanctions."

Cannabiscoin is a financial instrument specifically designed to facilitate marajuana transactions and as such flies directly in the face of the law.  Banks can hide under the figleaf that they "believe" a transaction involves pot but a cannabiscoin coin transaction will always definitely be for the purchase of pot giving no leeway re enforcement.  Furthermore banks are required to provide detailed transaction history to regulators. Does cannabiscoin have the accountants and regulatory staff to provide this data? Here are the rules:

Also, how does Cannabiscoin handle the post 9/11 Know Your Customer rules that all financial structures must follow? Altcoins fly under the radar because the government could care less about people buying beef jerky, USB cables, etc. Cannabiscoin will actively promote the wide spread distribution and sale of narcotics and so will be under a microscope. Here are the requirements:

Collection and analysis of basic identity information (referred to in US regulations and practice a "Customer Identification Program" or CIP)
Name matching against lists of known parties (such as "politically exposed person" or PEP)
Determination of the customer's risk in terms of propensity to commit money laundering, terrorist finance, or identity theft
Creation of an expectation of a customer's transactional behavior
Monitoring of a customer's transactions against their expected behaviour and recorded profile as well as that of the customer's peers


Of course since these are valid and uncomfortable people the hurry and buy a ticket for a train ride to the moon people will scream FUD in great big red letters. Let them. Real investors need answers ASAP.
Ahahaha! This is such a desperate try  Grin Grin Grin Grin This is medicinal Cannabis ...so get lost !!   Grin Grin Grin
Man you are like flies on shit since the price growth  Grin Grin Grin Pathetic....buy some CANN make your money and stop crying.

MinePi Mobile Mining Invitation Code               Publish0x               SteemIt               Youtube
unusualfacts30
Hero Member
*****
Offline Offline

Activity: 1540
Merit: 500



View Profile
October 18, 2014, 01:21:47 PM
 #4617

How are the Cannabiscoin devs going to deal w/ the fact that marajuana related transactions are illegal under Federal law?

At present if the government so decided they could shut down Cannabiscoin and seize all assets immediately.  Just because this is on the block chain means nothing. If some from the AGs office in DC calls up Bittrex and Crypsy that's the end of trading essentially killing the coin. They know who the dev is and he'd find himself on charges for money laundering, selling marajuana to kids (it just takes one teenager to buy one gram of pot with Cannabiscoin from a friend to send the dev away for 20 years, etc.)

The banks were given vague clearance to go ahead as long as they meet strict reporting requirements:

FinCEN's legal guidance creates two new categories for banks to report transactions with marijuana businesses. All transactions will be labeled as "suspicious" and banks will have to file so-called Suspicious Activity Reports. Those transactions that banks believe are legal marijuana business can be reported to FinCEN as "marijuana limited" transactions. Those that banks believe may be illegal would be filed as "marijuana priority" transactions and would generate further scrutiny from regulators.

Frank Keating, president and CEO of the American Bankers Association, said:

"While we appreciate the efforts by the Department of Justice and FinCEN, guidance or regulation doesn't alter the underlying challenge for banks," he said. "As it stands, possession or distribution of marijuana violates federal law, and banks that provide support for those activities face the risk of prosecution and assorted sanctions."

Cannabiscoin is a financial instrument specifically designed to facilitate marajuana transactions and as such flies directly in the face of the law.  Banks can hide under the figleaf that they "believe" a transaction involves pot but a cannabiscoin coin transaction will always definitely be for the purchase of pot giving no leeway re enforcement.  Furthermore banks are required to provide detailed transaction history to regulators. Does cannabiscoin have the accountants and regulatory staff to provide this data? Here are the rules:

Also, how does Cannabiscoin handle the post 9/11 Know Your Customer rules that all financial structures must follow? Altcoins fly under the radar because the government could care less about people buying beef jerky, USB cables, etc. Cannabiscoin will actively promote the wide spread distribution and sale of narcotics and so will be under a microscope. Here are the requirements:

Collection and analysis of basic identity information (referred to in US regulations and practice a "Customer Identification Program" or CIP)
Name matching against lists of known parties (such as "politically exposed person" or PEP)
Determination of the customer's risk in terms of propensity to commit money laundering, terrorist finance, or identity theft
Creation of an expectation of a customer's transactional behavior
Monitoring of a customer's transactions against their expected behaviour and recorded profile as well as that of the customer's peers


Of course since these are valid and uncomfortable people the hurry and buy a ticket for a train ride to the moon people will scream FUD in great big red letters. Let them. Real investors need answers ASAP.

You can't just walk in a store and buy it. You need to be patient and have medical card. Secondly, as long as shops keep their bookkeeping up to date there will be no issue. Read first before making assumptions based on ignorance.

Decentralized
Asset-Backed Banking

  ▄▄██████████████████
 █████████████████████
█████▀▀
████▀    ████
████     ████
████     ████
         ████     ████
         ████    ▄████
               ▄▄█████
█████████████████████
██████████████████▀▀ 
.TheStandard.io.█▀▀▀











█▄▄▄
▀▀▀█











▄▄▄█
████████████████████████████
████████████████████████████
████████████████████████████
█████████████████▀▀  ███████
█████████████▀▀      ███████
█████████▀▀   ▄▄     ███████
█████▀▀    ▄█▀▀     ████████
█████████ █▀        ████████
█████████ █ ▄███▄   ████████
██████████████████▄▄████████
████████████████████████████
████████████████████████████
████████████████████████████
rustynailer
Hero Member
*****
Offline Offline

Activity: 725
Merit: 501


Boycott Qatar 2022


View Profile
October 18, 2014, 01:23:25 PM
 #4618

Just ignore all newbie accounts. 
tokeweed
Legendary
*
Offline Offline

Activity: 3892
Merit: 1403


Life, Love and Laughter...


View Profile
October 18, 2014, 01:23:49 PM
 #4619

How are the Cannabiscoin devs going to deal w/ the fact that marajuana related transactions are illegal under Federal law?

At present if the government so decided they could shut down Cannabiscoin and seize all assets immediately.  Just because this is on the block chain means nothing. If some from the AGs office in DC calls up Bittrex and Crypsy that's the end of trading essentially killing the coin. They know who the dev is and he'd find himself on charges for money laundering, selling marajuana to kids (it just takes one teenager to buy one gram of pot with Cannabiscoin from a friend to send the dev away for 20 years, etc.)

The banks were given vague clearance to go ahead as long as they meet strict reporting requirements:

FinCEN's legal guidance creates two new categories for banks to report transactions with marijuana businesses. All transactions will be labeled as "suspicious" and banks will have to file so-called Suspicious Activity Reports. Those transactions that banks believe are legal marijuana business can be reported to FinCEN as "marijuana limited" transactions. Those that banks believe may be illegal would be filed as "marijuana priority" transactions and would generate further scrutiny from regulators.

Frank Keating, president and CEO of the American Bankers Association, said:

"While we appreciate the efforts by the Department of Justice and FinCEN, guidance or regulation doesn't alter the underlying challenge for banks," he said. "As it stands, possession or distribution of marijuana violates federal law, and banks that provide support for those activities face the risk of prosecution and assorted sanctions."

Cannabiscoin is a financial instrument specifically designed to facilitate marajuana transactions and as such flies directly in the face of the law.  Banks can hide under the figleaf that they "believe" a transaction involves pot but a cannabiscoin coin transaction will always definitely be for the purchase of pot giving no leeway re enforcement.  Furthermore banks are required to provide detailed transaction history to regulators. Does cannabiscoin have the accountants and regulatory staff to provide this data? Here are the rules:

Also, how does Cannabiscoin handle the post 9/11 Know Your Customer rules that all financial structures must follow? Altcoins fly under the radar because the government could care less about people buying beef jerky, USB cables, etc. Cannabiscoin will actively promote the wide spread distribution and sale of narcotics and so will be under a microscope. Here are the requirements:

Collection and analysis of basic identity information (referred to in US regulations and practice a "Customer Identification Program" or CIP)
Name matching against lists of known parties (such as "politically exposed person" or PEP)
Determination of the customer's risk in terms of propensity to commit money laundering, terrorist finance, or identity theft
Creation of an expectation of a customer's transactional behavior
Monitoring of a customer's transactions against their expected behaviour and recorded profile as well as that of the customer's peers


Of course since these are valid and uncomfortable people the hurry and buy a ticket for a train ride to the moon people will scream FUD in great big red letters. Let them. Real investors need answers ASAP.

this is expected, granting that the fed can do anything.  but what has the fed done to shut down bitcoin? it has gone up over 100 usd.

my take, do not worry about it.  let cann flourish.  if it doesn't, then it doesn't.

███████████████████████████████
███████████████████████████████
███▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀███████████
█████████████▀▀        ▀▀██████
██████▀▀▀▀▀▀              ▀████
██████████▀     ▄▄██▄▄     ▀███
██████████      ██████      ███
██████████▄     ▀▀██▀▀     ▄███
██████▄▄▄▄▄▄              ▄████
█████████████▄▄        ▄▄██████
███▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄███████████
███████████████████████████████
███████████████████████████████
.
|
▄▄███████▄▄
▄████▀▀▀▀▀▀▀████▄
▄███▀▄▄███████▄▄▀███▄
▄██▀▄█▀▀▀█████▀▀▀█▄▀██▄
▄██▄██████▀████░███▄██▄
███░████████▀██░████░███
███░████░█▄████▀░████░███
███░████░███▄████████░███
▀██▄▀███░█████▄█████▀▄██▀
▀██▄▀█▄▄▄██████▄██▀▄██▀
▀███▄▀▀███████▀▀▄███▀
▀████▄▄▄▄▄▄▄████▀
▀▀███████▀▀
SSC NAPOLI
OFFICIAL EUROPEAN
BETTING PARTNER
|.ROLLBOTS.|
▄▄███████▄▄
▄███████████████▄
▄███████████████████▄
▄██▀▀▀▀▀▀▀▀▀▀▀▀▀▀█████▄
▄█████████▀████████▀████▄
██████▄▄▄█████▄▄█████████
█████████████████████████
██████▀▀▀█████▀▀█████████
▀█████████▄████████▄████▀
▀██▄▄▄▄▄▄▄▄▄▄▄▄▄▄█████▀
▀███████████████████▀
▀███████████████▀
▀▀███████▀▀
ROLLBIT COIN
TRADE RLB NOW!
|...PLAY NOW...
minairia3
Sr. Member
****
Offline Offline

Activity: 1470
Merit: 326


Vave.com - Crypto Casino


View Profile
October 18, 2014, 01:25:57 PM
 #4620

I am a full member so I guess my voice counts for more for some reason.  To the Feds there is no medical marihuana. Pot is pot. The states are breaking Federal law and Obama is choosing to not care. If Romney had won there would be no medical marajuana or legalization. This guy has interesting questions, the team should take time and answer them.

How are the Cannabiscoin devs going to deal w/ the fact that marajuana related transactions are illegal under Federal law?

At present if the government so decided they could shut down Cannabiscoin and seize all assets immediately.  Just because this is on the block chain means nothing. If some from the AGs office in DC calls up Bittrex and Crypsy that's the end of trading essentially killing the coin. They know who the dev is and he'd find himself on charges for money laundering, selling marajuana to kids (it just takes one teenager to buy one gram of pot with Cannabiscoin from a friend to send the dev away for 20 years, etc.)

The banks were given vague clearance to go ahead as long as they meet strict reporting requirements:

FinCEN's legal guidance creates two new categories for banks to report transactions with marijuana businesses. All transactions will be labeled as "suspicious" and banks will have to file so-called Suspicious Activity Reports. Those transactions that banks believe are legal marijuana business can be reported to FinCEN as "marijuana limited" transactions. Those that banks believe may be illegal would be filed as "marijuana priority" transactions and would generate further scrutiny from regulators.

Frank Keating, president and CEO of the American Bankers Association, said:

"While we appreciate the efforts by the Department of Justice and FinCEN, guidance or regulation doesn't alter the underlying challenge for banks," he said. "As it stands, possession or distribution of marijuana violates federal law, and banks that provide support for those activities face the risk of prosecution and assorted sanctions."

Cannabiscoin is a financial instrument specifically designed to facilitate marajuana transactions and as such flies directly in the face of the law.  Banks can hide under the figleaf that they "believe" a transaction involves pot but a cannabiscoin coin transaction will always definitely be for the purchase of pot giving no leeway re enforcement.  Furthermore banks are required to provide detailed transaction history to regulators. Does cannabiscoin have the accountants and regulatory staff to provide this data? Here are the rules:

Also, how does Cannabiscoin handle the post 9/11 Know Your Customer rules that all financial structures must follow? Altcoins fly under the radar because the government could care less about people buying beef jerky, USB cables, etc. Cannabiscoin will actively promote the wide spread distribution and sale of narcotics and so will be under a microscope. Here are the requirements:

Collection and analysis of basic identity information (referred to in US regulations and practice a "Customer Identification Program" or CIP)
Name matching against lists of known parties (such as "politically exposed person" or PEP)
Determination of the customer's risk in terms of propensity to commit money laundering, terrorist finance, or identity theft
Creation of an expectation of a customer's transactional behavior
Monitoring of a customer's transactions against their expected behaviour and recorded profile as well as that of the customer's peers


Of course since these are valid and uncomfortable people the hurry and buy a ticket for a train ride to the moon people will scream FUD in great big red letters. Let them. Real investors need answers ASAP.
Ahahaha! This is such a desperate try  Grin Grin Grin Grin This is medicinal Cannabis ...so get lost !!   Grin Grin Grin



BIG WINNER!
[15.00000000 BTC]


▄████████████████████▄
██████████████████████
██████████▀▀██████████
█████████░░░░█████████
██████████▄▄██████████
███████▀▀████▀▀███████
██████░░░░██░░░░██████
███████▄▄████▄▄███████
████▀▀████▀▀████▀▀████
███░░░░██░░░░██░░░░███
████▄▄████▄▄████▄▄████
██████████████████████
▀████████████████████▀
▄████████████████████▄
██████████████████████
█████▀▀█▀▀▀▀▀▀██▀▀████
█████░░░░░░░░░░░░░▄███
█████░░░░░░░░░░░░▄████
█████░░▄███▄░░░░██████
█████▄▄███▀░░░░▄██████
█████████░░░░░░███████
████████░░░░░░░███████
███████░░░░░░░░███████
███████▄▄▄▄▄▄▄▄███████
██████████████████████
▀████████████████████▀
▄████████████████████▄
███████████████▀▀▀▀▀▀▀
███████████▀▀▄▄█░░░░░█
█████████▀░░█████░░░░█
███████▀░░░░░████▀░░░▀
██████░░░░░░░░▀▄▄█████
█████░▄░░░░░▄██████▀▀█
████░████▄░███████░░░░
███░█████░█████████░░█
███░░░▀█░██████████░░█
███░░░░░░████▀▀██▀░░░░
███░░░░░░███░░░░░░░░░░
▀██░▄▄▄▄░████▄▄██▄░░░░
▄████████████▀▀▀▀▀▀▀██▄
█████████████░█▀▀▀█░███
██████████▀▀░█▀░░░▀█░▀▀
███████▀░▄▄█░█░░░░░█░█▄
████▀░▄▄████░▀█░░░█▀░██
███░▄████▀▀░▄░▀█░█▀░▄░▀
█▀░███▀▀▀░░███░▀█▀░███░
▀░███▀░░░░░████▄░▄████░
░███▀░░░░░░░█████████░░
░███░░░░░░░░░███████░░░
███▀░██░░░░░░▀░▄▄▄░▀░░░
███░██████▄▄░▄█████▄░▄▄
▀██░████████░███████░█▀
▄████████████████████▄
████████▀▀░░░▀▀███████
███▀▀░░░░░▄▄▄░░░░▀▀▀██
██░▀▀▄▄░░░▀▀▀░░░▄▄▀▀██
██░▄▄░░▀▀▄▄░▄▄▀▀░░░░██
██░▀▀░░░░░░█░░░░░██░██
██░░░▄▄░░░░█░██░░░░░██
██░░░▀▀░░░░█░░░░░░░░██
██░░░░░▄▄░░█░░░░░██░██
██▄░░░░▀▀░░█░██░░░░░██
█████▄▄░░░░█░░░░▄▄████
█████████▄▄█▄▄████████
▀████████████████████▀




Rainbot
Daily Quests
Faucet
Pages: « 1 ... 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 [231] 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!