Cannabis Executive Doesn’t Understand Bitcoin
There’s a recent article posted on the Cannabis Business Executive (CBE) called, “Is BitCoin an Answer to Marijuana’s Banking Needs? No Way, No How.” The opinion-editorial written by the author gave certain reasoning to why the digital currency was unfit for the marijuana industry. However, it seems the journalist also didn’t do his research like so many others before him.
http://bitcoinist.net/cannabis-executive-doesnt-understand-bitcoin/
There’s a recent article posted on the Cannabis Business Executive (CBE) called, “Is BitCoin an Answer to Marijuana’s Banking Needs? No Way, No How.” The opinion-editorial written by the author gave certain reasoning to why the digital currency was unfit for the marijuana industry. However, it seems the journalist also didn’t do his research like so many others before him.
http://bitcoinist.net/cannabis-executive-doesnt-understand-bitcoin/
Maybe the reasons why he doesn't want bitcoin implemented are exactly the opposite of what he says. Cash makes it possible for a percentage of the profits to be skimmed without paying taxes. With blockchain, that might not be possible as there is a trail.
