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RE: How a Blockchain Startup Is Going to Free the Cannabis Industry from Banker Control

in #news6 years ago

Because the middle part is easy. Its the ends that are impossible.

You have to pay suppliers and you have to pay employees/overhead.
I am sure, that in only a little while, all of those people will accept cryptos,
however, right now the stores need a way to convert a lot of cryptos to cash.

They could probably do some bang-up business with a bitcoin-ATM

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Usdt conversion?

USDT is just another cyrpto currency.
Still needs to be converted to cash. And most businesses (suppliers) will start accepting bitcoin before they ever do USDT.

And, if that all it took, Bitshares was way ahead of them.

Absolutely, very well said. Personally i think this summer will be interesting to see how many move over to the crypto side in one form or another as credit dries up and fiat fails. Good vibes your way 👊

My biggest bet, (ray of hope) is that chinese companies will be more than joyous to accept bitcoin for chinese manufactured goods. And then, so much hassle for importing is removed. And, it can quickly go, end-to-end crypto transactions.

Exactly. It streamlines everything. Thats one of the biggest differences ive noticed with crypto versus traditional proceedures.

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