Viewing a response to: @prufarchy/re-smooth-re-prufarchy-re-doitvoluntarily-new-bill-looks-to-keep-cryptocurrency-out-of-cannabis-shops-20170119t220931085z
That's between the shop and their merchant bank (which they may not even be able to get at all, which is one of the reasons these businesses often use cash). It may or may not fly, but the point being that ultimately the authority is given to a bank. By using cryptocurrency it removes banks from the equation, and removes the need for their approval. This is a very real difference between actually using cryptocurrency and using something like a bitpay card.
post_id | 1,793,379 |
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author | smooth |
permlink | re-prufarchy-re-smooth-re-prufarchy-re-doitvoluntarily-new-bill-looks-to-keep-cryptocurrency-out-of-cannabis-shops-20170119t221901500z |
category | marijuana |
json_metadata | "{"app": "steemit/0.1", "tags": ["marijuana"]}" |
created | 2017-01-19 22:19:03 |
last_update | 2017-01-19 22:19:03 |
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root_title | "New Bill Looks To Keep Cryptocurrency Out Of Cannabis Shops" |
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mattclarke | 0 | 91,746,352,609 | 100% |
Thanks for helping me see this issue more clearly. Can you see any way for BTC to sidestep this? Or is this a "wait for a free market response to a need" kind of situation? Because I have been very much hoping that there would be a crypto-mj marriage
post_id | 1,793,404 |
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author | prufarchy |
permlink | re-smooth-re-prufarchy-re-smooth-re-prufarchy-re-doitvoluntarily-new-bill-looks-to-keep-cryptocurrency-out-of-cannabis-shops-20170119t222313833z |
category | marijuana |
json_metadata | "{"app": "steemit/0.1", "tags": ["marijuana"]}" |
created | 2017-01-19 22:23:12 |
last_update | 2017-01-19 22:23:12 |
depth | 5 |
children | 1 |
net_rshares | 0 |
last_payout | 2017-02-19 22:57:57 |
cashout_time | 1969-12-31 23:59:59 |
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root_title | "New Bill Looks To Keep Cryptocurrency Out Of Cannabis Shops" |
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Using BTC or other crypto _directly_ (not via a bank card) is the way to sidestep it. I'd suggest opposing this law and also encouraging any shops you patronize to accept BTC or other crypto (and when they do, use crypto to pay). As I understand it there are a few here and there already doing it, but it hasn't caught on in big way yet.
post_id | 1,793,421 |
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author | smooth |
permlink | re-prufarchy-re-smooth-re-prufarchy-re-smooth-re-prufarchy-re-doitvoluntarily-new-bill-looks-to-keep-cryptocurrency-out-of-cannabis-shops-20170119t222704400z |
category | marijuana |
json_metadata | "{"app": "steemit/0.1", "tags": ["marijuana"]}" |
created | 2017-01-19 22:27:06 |
last_update | 2017-01-19 22:27:54 |
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root_title | "New Bill Looks To Keep Cryptocurrency Out Of Cannabis Shops" |
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voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
prufarchy | 0 | 114,785,846,379 | 100% | ||
doitvoluntarily | 0 | 154,241,708,764 | 100% |