This will be YUGE.

Brilliant! About time someone got some solutions in this much needed area.

While on the one hand I get some states not wanting to allow people in the marijuana business to be able to carry guns (finally some let them hire security guards that do)...it's kind of putting bullseye on shops when it's all cash and unarmed.

Way to go POSaBIT! It's amazing that the federal government hasn't been willing to put work into this area and I really don't expect them to any time soon.

It will actually not do too much as btc is bought and sold right away. However still a great way to use btc and aolve a real problem.

This just made my life a whole lot easier as my local hookers only accept weed as payment

[Dopecoin.com](http://www.dopecoin.com)  :) 
WeedCoin is so dope!

I am still trying to make up my mind about bitcoin...
But regarding your article - I wonder how they would deal with the transaction fees being relatively high...and confirmations taking 10minutes at best...sometimes hours, these days...
I would have expected "businesses" to be harmed by this development in bitcoin...but maybe I am overseeing things?
And then the other question: If you enter mass market in a rather "dark niche" (not my valuation, but I do fear such a weed system would be seen like that by many) - will it be possible to go for the rest of the mass market afterwards - or will you/your currency then be marked as  "dark/filthy" and never be adopted outside?
Interesting to watch, though - please keep us non-US humans up to date!

This just might be one of the bast ads for Bitcoin! Sounds like something we would read in fun pages in daily news.

Helpful . keep posting

**very interesting info! resteemed.**
on a separate note, does anyone know what's the criteria for trending page ranking now?? it is weird that this post ranks #1, while #2's payout is obviously higher... WHY?

Pretty Smart way to get around the banks "unwillingness" to  allow marijuana purchases made with debit card! Now you buy bitcoin instead of weed with your card, I would say that's DOPE ;)

Yes this is indeed a KillerApp!  Me and an old buddy whom I use to work with had plans to mine 'P0tc0in' until we had so much that we would get basically free tree ;)  But this was when I didn't know anything about mining, just heard about it.  Again, I was more focused on learning how to trade bitcoin@the time so, we never accomplished that goal.  I know how to mine now though ;)
Great post, Resteemed!

Wow now that is amazing.  Thanks for sharing the post.

Epic

very good article! :) i follow you

discus about cannabis? try to searching about Aceh cannabis. People say, that is one of the best cannabis in the world.

Crypto currency should be the cannabis business's killer app - but I hope the trend catches on elsewhere.

http://images.detik.com/content/2011/10/26/157/Ganja-cov2.jpg

http://images.detik.com/content/2011/10/26/157/Ganja-cov2.jpg

I asked a local shop in Spokane about using BTC (did not want to confuse the use with other cryptocurrencies). The clerk had no clue if they would go that route, and that he new little about BTC.  Time to go back with more information.

Considering this is a business that is heavy on cash transactions I'm sure this will be very welcome in the community.