Relax, I have nothing to do with mediwipe or either of the other two links I posted. My point, since the beginning of potcoin, is that there is no point for potcoin. If potcoin aims to be the bank then they are failing miserably.
http://en.wikipedia.org/wiki/Bank"A bank is a financial intermediary that accepts deposits and channels those deposits into lending activities, either directly by loaning or indirectly through capital markets. A bank links together customers that have capital deficits and customers with capital surpluses."
http://en.wikipedia.org/wiki/Currency"A much more general use of the word currency is anything that is used in any circumstances, as a medium of exchange. In this use, "currency" is a synonym for the concept of money."
http://en.wikipedia.org/wiki/Commodity"In economics, a commodity is a marketable item produced to satisfy wants or needs. Economic commodities comprise goods and services."
Potcoin is a currency or commodity, not a bank.
If the difference between a bank and cryptocoin is still not clear, then please use this forum.
https://bitcointalk.org/index.php?board=1.0Start a new thread with this title "If Bitcoin aims to be the bank, then it is a miserable failure".
You go right ahead. I'm happy to argue that bitcoin would be a much better (more stable, better known, larger market, has more utility) choice than potcoin for any dispensary but that's not your point is it?
Secondly...The coin is still 4 months old. 4 months. If you told me 4 months ago that a dispensary would be accepting Potcoin, with ATMs physically located inside the dispensary I would have invested a lot more.
Wasn't that the original goal that was being told to us 4 months ago?
I guess I'm not the only one who remembers why potcoin was launched and what it was designed to do. You can try to tell us that it was never designed to be the solution for dispensaries. (I was one of the first to challenge that notion stating clearly that potcoin will NEVER solve the dispensary banking problem... it cannot). Yet we need to sit through press releases that say "hey a dispensary wasted alot of time and effort to place an ATM machine in their store that nobody has or will ever use".