Topic: MaryJanecoin LLC The Bitcoin of the Cannabis Industry and Community - page 23. (Read 338837 times)

  build another crypto currency into ethereum?  why would you do that? do you know how pointless that would be? to use a financial tool that already exists to make the transaction of digital value seemlessly (in the future) and trustless , to run and create loads of other digital coins?

even if you could build your own entire crypto currency out of jerry rigging many different smart contracts, what then? every single time one of your smart contracts is activated /used you will be charged ether , you would create a crypto currency that the more active and useful it becomes and more used, the more money the creator has to pay in ether just to keep the smart contracts working.  it would no longer be decentralized, it would 100% completely rely on you filling the ether address to keep paying upkeep else the whole entire coin would break down.

Ethereum helps and benefits other crypto currencies , MaryJane or any other coin for that matter could have smart contracts written in ethereum to create a easier quicker user experience with no trust required but being certain the conditions of the contract will be met.

hey retard, do you have any pubes yet?  naw? i figured as much.  come back when you have some actual btc to speak of dumbass.
sold the coin?  enjoy missing out, no sweat off my back nigga.

I just wish he could tell us ANYTHING he is doing so we can rest assured that our investment (money) is kinda safe....... I think that would be really a fair deal and I really hope he'll come up with something fresh and detailed about THE COIN and it's future... The community really needs that.

On the other hand how else can we know he is doing anything if we are not seeing it ? How can any posible investors know that they should put their money into this without any info or proof that some stuff is or is going to happen/being planned etc ? .... I really don't see a reason for not getting updates in the thread or anything and that's why the price got so low I think... No info - no interest - no one gives a sh*t - price drops...

I wish it was the other way around...

Yeah some of the EU

this is the response we recently got in the UK regarding legalization 

https://petition.parliament.uk/petitions/104349

their reply to the petition is the standard illogical bullshit, this is the country that said we need to ban software using end to end encryption while being warned by an expert that financial interests around the globe and many other different sectors require end to end encryption to keep information safe. Nope ignore ignore, lets still go thru with it .


some of the most comical yet at the same time annoyingly ignorant quotes.

"Legalisation would also send the wrong message to the vast majority of people who do not take drugs"

"Cannabis can unquestionably cause harm to individuals and society. Legalisation of cannabis would not eliminate the crime committed by the illicit trade"

if you legalized it....it would no longer be illicit....


It's like watching a 1950's american weed warning public broadcast. "do you want to end up being called names like .....smokey mcbong water"

He's working behind the scenes (moreso when summer is over) so price will rebound...it'll just take awhile and happen at a slower rate is my guess.  I'm mean sure it could blast off one day via big news/buyers incoming but that's rare these days.  The other reason would be a pump which isn't really good for coins.

The reason it seems so low now is only because it was pumped/had bots on it on that last run up to 4k or so.  (You can thank your usual pnd twitter whales for that behind the scenes doing their own thing).  In addition, it's also whoever has been selling/dumping it from 4k down to where it is now, someone with that 800k coins or prob even more.  They've just been selling in chunks for the past month or more.

It seems around 750-1200 sats is the going rate for this coin during its stagnant quiet time and will see back up to 3-4k again sooner or later is my guesstimate.  Sure it "SHOULD" be worth a hell of a lot more in future, but how long who knows that'll take.

Just be rest assured the dev is doing all he can to make maryJ into something stable and value-added.  Everyone who's holding this coin is most likely down now, except for the lucky few who accumulated this 8+ months ago at these prices, so it'll rebound..sucks I know.  Just takes time.

It's sad and such a pissoff how the US Government just has a nazi-like grip on the industry and they're stuck in their iron-fisted ways of "drugs are bad" mentality (they are coming around slowly), but of course they make as much money as the bad guys with their "war on drugs" approach...it's too bad cannabis is included to such a stringent degree (/facepalm).  As usual it's the people that suffer the most which is really too bad.  I hope the US becomes as forward thinking with a proper approach to regulation and openess like some of EU or Canada.  It's about bloody time.

I think jibble is on to something, alot of great ideas i agree with!

What's going on with the price? FFS!!!!

Adam, is there any way you can change the situation ?

Just wanted to add, if land is purchased or controlled and there is cannabis production set in place in any way shape or form to expand and increase the ability and reach of maryjane starting directly from the producers, then there needs to be a small section of the "field" or "grow" dedicated to growing what i think the strain is called, Charlottes web. This is a costly plant to grow , virtually no profit margins but is super ultra high in CBD's the properties found to treat hundreds of different conditions, there are thousands of family around america and most likely the world that could directly benefit from this strain of weed, less thc content, less getting you high and much more medical in purpose.

Literally children forced to take 10+ pills a day, agressive and detructive to the body pills suffering hundreds of micro seizures a day, taking pharmaceutical drugs prescribed from doctors that are literally destroying the childs life and mind, giving them huge leaning difficulties thru their whole possibly short lives and preventing them from ever developing past a certain mind set. There have been cases of children taking these drugs and them destroying their minds , the children reaching 6-7 years of age unable to communicate with their parents, and after a few months off those 20 pills and using high content CBD oil actually beginning to learn and speak like a normal child. families with children they have had to look after for the last 6-7 years being unsure if today is the day one of the seizures kills their child. finally being able to hear them communicate and learn and be more human.


quite frankly it's fucking disgusting that this option with actual results is still not able to be easily bought or supplied and every single grow in every legal state should be growing a fixed % of this cannabis strain with every crop.


So harder than usual crop to grow, very little profit margin , but of huge benefit to so many individuals that live a literal hell their whole life . so is totally worth growing a specific amount in every grow and intend on selling it for cost price or even less/give away to those who need it (if laws dictate it is possible to give away)  

I swear to God is everyone here 21 years old with the attention span and patience of a fucking nat?

https://chainz.cryptoid.info/maryj/#

https://blockchain.info/address/1JXSrTKrs7pSJpY7Yko8CuL1EkHF1D3Hvy

hosting costs paid for, watch out thou they will likely run out again on the 16th of next month

MaryJ gonna make us all rich so I ain't even mad doe.

warning msgs about the blockexplorer soon to be expiring https://chainz.cryptoid.info/maryj/

just a warning cos i only just noticed it myself , if adam doesn't reply or anything i will sort it later on in the evening when i have access to my funds

we've all had posts deleted. I wouldn't worry too much about it. If it's something that's important post it again and quote it

Hoping to start a random ideas gather and discussion into development and solutions that can be solved with maryjane

*bitcoin is used in  reference simply because it has the highest daily trade volume and is the most known of the crypto currencies. and if bitcoin couldn't currently handle it then it would be hard for something else to do so

Things needed for the cannabis industry to adopt crypto without risk:

we all know that even bitcoin in its current state couldn't really handle the volume of cannabis that is sold on a daily scale, tie that in with some marijuana companies wishing to have access to millions of dollars if they need it to expand the business , buy a new store front, expand their indoor growing area to grow more plants each season. Banks give them huge difficulties , they wont allow them to deposit money into banks , Because at the federal level it is still considered drug money and without any official change at a federal level , banks are going to continue refusing service to marijuana businesses (wont stop the government taking billions of dollars in taxes because you know the useless fucks that they are, are above the law)

 so the things we need to help marijuana businesses , and to replace current cash practices

1. Trust-less and decentralized - Just like cash , but not banks. they need to be in complete control of their own money and be able to do as they wish with it with no limitations or worries .

2. they need a stability of value . people often say "it doesnt matter about the small increases and decreases in price , its a gamble" if you want to run a successful business, you really don't want to "gamble" on the very thing that makes your business function , sales and value transference. Experimenting with how you set up your store? fine experimenting on which strains to stock? fine . but gambling with such an importnt integral part of your business and every business, isn't exactly wise . so what is needed is some stability in the value they take in from their customers . Imagine if you had 2 million dollars worth of cash assets on you currently, you are a very busy and popular store, and the coin you accept takes a 10% hit , you now have reduced your asset value by 200,000 dollars.

3. fluidity of cash . Right now if a company had all its cash assets in bitcoin and wished to say extend their grow operation , 1 million dollars for expansion and equipment . selling off 1 million dollars would be quite difficult in that climate, Now imagine 1000's of different stores across 20+ different states in the future all expanding , buying more stock. You are looking at more than the volume of bitcoin. So this problem still needs to be solved , the ability for the business to store their cash assets and be able to also withdraw them quick and easy, without it effecting the value of the rest of the assets they hold.

4. Supply and demand



Possible solutions and ideas to solve these problems?

1. This is already solved mainly due to the nature of crypto currencies , but it was more directed at things like programs or software produced like payment processors if there was one to be created to make it simpler to be adopted by stores and businesses . It would be possible to set up a decentralized and smart contract written pyment processor, that meant no central authority had control over anyone cash assets at any time, while giving company and business owners freedom and access to their funds safely and securely

2. Having smart contracts that instantly convert which ever crypto currency you wish to a more stable alternative , I.E tether (directly tied to the dollar) , so a marijuana business takes in maryjane coin for example and it is deposited into their main holdings address, with a smart contract set up to withdraw those funds and instantly convert to tether . (this is just an example) this would keep the cash assets they receive stable and cut the risk of the volatile trade market. This job could be integrated into a decentralized payment processor or done by themselves.

3. this one still cannot be solved, i have racked my brain for a solution but there doesn't seem to be one for any crypto currency currently out, the difficulty with getting cold hard cash into the decentralized crypto currency community is still rather difficult in some cases, and some banks while not as aggressive towards crypto than cannabis , they are still difficult to handle .

There needs to be an easy way for companies and business's to get cash out when they need it, large and small amounts, without effecting the overall value of the coin/market . they are a company and have regular payments for the hundreds of different things they require in the process of running their businesses. Being tied to the tether market wont be as bad to the price of the coin if it was moved into the tether market but that would just move it further down the chain and when accepting at the store the cash exchange then that will be the dropping in value as it is instantly converted to a more stable crypto .

4. by supply and demand i mainly mean. With bitcoin accepting businesses their stock is bought with cash because with most businesses they supply and stock many hundreds and sometimes thousands of different items from 20+ different places , all accepting cash and not crypto.

with cannabis , it literally grows from a plot of land someone owns , You grow it out of very little. (if growing outdoors , indoors will require supplies from multiple people) But from purely a stock term , their main purchase is cannabis which is grow in the ground.

Having a plan set up to buy land in states that are not legal yet but might be in the next few years would allow the ability to produce cannabis and then supply that cannabis by accepting crypto currency


random example

Maryjane LLC does an ipo to raise funds. buys land in Ohio or other states that look to be possibly adding recreational marijuana to the voting ballot . once legalization comes in , apply for licences and such , starts to grow and produce their own cannabis that can be directly supplied to maryjane friendly shops and accept maryjane in exchange for them , The stores can buy their main stock product for maryjane , so they are less likely to instantly sell their maryjane for something more stable, and keep it to purchase products to supply their store and possibly pay people a % of their wages in it, allowing them to purchase from the store themselves.

The IPO could literally be for 50% ownership in the income profits from how much the land produced , so people could invest and own some profits in the land that is producing the highest value cash crop to grow, getting paid every quarterly in maryjane to then buy from their local store or for other means .






there are still over things that need to be overcome to be able to fully and efficiently be the safe and best option for cannabis store owners, and these solution i provided are pretty basic but just example to start a line of discussion between people who are also interested in formulating ideas.

Also some of the solutions and problems are fixed by single solutions , like accepting maryjane at the supplier level also helps trade volume and doesn't dump as many coins into the market , and thing that improve liquidity and use of the coin will likely provide eventually a stablity which would remove the need for the transference into something more stable for the time being.

Thanks for the link I am contacting them now.

I really really hope your business goes really well and that you get to sell a lot of your merchandise, but PLEASE, do you have some time to tell us something about THE COIN you started so that we, the owners of it, could know what to expect in the future ?

Thank you Adam.

yea that seems like a good idea

i hope all weed-coins will seize this opportunity:   

http://bitcoinist.net/denver-colorado-crypto-cannabis-conference/