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Topic: Canadian Privacy Use Bitcoin to buy Cannabis (Read 156 times)

sr. member
Activity: 1008
Merit: 355
December 20, 2018, 08:45:29 AM
#4


Bitcoin can indeed be a good alternative for people who are very concerned about their purchasing privacy especially with marijuana sales though this is already very much legal in Canada. I believe that the marijuana industry both medical and entertainment is also opening up a bigger market for Bitcoin though this must just be a part of the movement towards massive adoption. But then we must also be aware that Bitcoin is not actually not the most private cryptocurrency anymore.
full member
Activity: 546
Merit: 100
December 20, 2018, 08:36:19 AM
#3
On the CBC news this morning there was a story about protecting your privacy when buying Cannabis from retailers. Using a credit card may impact travel plans. The best obvious option would be that retailers and online retailers accept Bitcoin to protect buyers privacy. Funny thing is if government run online retailers accept Bitcoin to sell cannabis, are they the new Silk Road?

This definition is not a good description. Unfortunately, the use of Bitcoin in such events makes people uneasy. However, this kind of work was used for years in cash. We should not ignore this.

Watching the Narcos series. Since Escobar could not find a place to hide the money he earned for a period, he buried it in the ground, hid it on the roof of the houses and even burned it to warm up the period. We shouldn't forget that.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
December 20, 2018, 08:04:38 AM
#2
On the CBC news this morning there was a story about protecting your privacy when buying Cannabis from retailers. Using a credit card may impact travel plans. The best obvious option would be that retailers and online retailers accept Bitcoin to protect buyers privacy.

Canada is a known country which is friendly for cannabis users, but yeah, I don't think other countries would be too welcoming to Canadians who may have had taken their hits at the bong prior to visiting their own land. Idk how other countries would do the background checks specially on card transactions but I guess it's better to be safe than sorry.

Funny thing is if government run online retailers accept Bitcoin to sell cannabis, are they the new Silk Road?

If it's legal on their own country, why would it be the new Silk Road? Also, it would be highly improbable for the government to create their own retail of cannabis using bitcoin as they would be under hot water once other media outlets found out about this, but it's never impossible. Roll Eyes
jr. member
Activity: 57
Merit: 2
December 20, 2018, 05:36:27 AM
#1
On the CBC news this morning there was a story about protecting your privacy when buying Cannabis from retailers. Using a credit card may impact travel plans. The best obvious option would be that retailers and online retailers accept Bitcoin to protect buyers privacy. Funny thing is if government run online retailers accept Bitcoin to sell cannabis, are they the new Silk Road?
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