I'm a fan of Pot, Dope, Thc & Cann coins.
I always get massive profit every time it pump very hard.
Anyone who knows a big events of marijuana? Coz i believe
Every event of this herbal affects the chart of this coin.
I'm not familiar with Potcoins but from what I do know is that most of them we're started from the POV that if the federal government raids a dispenser the money is in crypto and thus inaccessible, the people buying from dispenseries can use crypto because its in their advantage the dispensery can keep operating. I might be wrong on this and there's more behind it. But legalisation, full legalisation of marijuana is not far away and depending on the business model of these potcoins it might mean the end of their potcoins.
Moon, raids by the Feds are a very real possibility, but probably not gonna happen.
The real issue is the Constitutional conflict between -
Article 6, The Supremacy Clause
https://en.wikipedia.org/wiki/States%27_rightsand
Article 10, States Rights
https://en.wikipedia.org/wiki/States%27_rightsWhat the public usually doesn't know or understand is that EVERY Pot Dispensary DOES NOT HAVE BANK ACCOUNTS!
They are CASH businesses, because, under the Supremacy Clause, the Feds can and will seize their bank accounts claiming the money as Drug money due to Pot being a Level I controlled substance under Federal Law. In other words, they are treated just as if they made money selling any other illegal drug.
My understanding is that it is not uncommon for even the smallest of these dispensaries to have several hundred thousand dollars cash on hand.
I live in California. I don't use Pot, but I did vote FOR its legalization. I figure "to each his own."
I give this information to all my fellow members on this forum, perhaps, to better inform you before making any Pot Coin investments. No, I hodl none of these coins.
Personally, I can see these coins being a good thing and a bad thing for the businesses, but we trade to make money, not to support or not support an issue.
