ERC20 token, LiteCoin, Dash, whatever. I feel like this is a way of using blockchain hype to get fees.
There are also existing solutions in the space that do the same thing but don't need a blockchain.
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ERC20 token, LiteCoin, Dash, whatever. I feel like this is a way of using blockchain hype to get fees.
There are also existing solutions in the space that do the same thing but don't need a blockchain.
Well they are spending the money to promote and they are appearing at cannabis industry events and conferences. In my experience this will sell their product to their audience. I bet they double the ATMs easily and before you know it every dispensary in Colorado has one.
We are not talking about a group of business owners who understand blockchain. They are a group of people who will get approached by a sales rep and that guy is going to explain PtCoin to them and then point to bitcoin as a sign of what can happen...and they'll buy it. You don't see the Ethereum guys actively promoting at Cannabis conferences do you?
Doesn't matter to me. What DOES matter is that there are already payment systems for Colorado and other state dispensaries which work. For example that has already been in Forbes, and already in the market: https://www.canpaydebit.com/
These system provide stable payment value for both buyer and sellers.
True, but does it solve the DEA problem?
Yes because its stored value card. It is not directly facilitating the transaction.
Well there ya go. :-) I like talking with you! So often something like this would have turned into a flame fest on Facebook.
That's why I DO have a SteemIt account and do NOT have a Facebook account. ;)
I'm getting there. It is helping put eyeballs on my work, but now I need to get these people to switch to Steemit.