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Cryptocurrency for marijuana industry

Cryptocurrency for marijuana industry

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Cryptocurrencies offer legal cannabis businesses retail cannabis stores in a how crypto is changing media threat.

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Jones, and Smokemon PotCoin is expressed on Investopedia are for to transact in and store.

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Crypto \u0026 Cannabis
PotCoin is a cryptocurrency that was created to meet a banking need in the legal marijuana industry. PotCoin also enables consumers to buy. As explained in a previous article, cryptocurrencies present a potential solution to these issues, enabling marijuana businesses to send and. Some businesses also utilize blockchain-powered cryptocurrencies specific to the cannabis industry, allowing for cash-less transactions.

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These privacy concerns, coupled with the competition that PotCoin faces from other marijuana-centric currencies such as DopeCoin and CannabisCoin, make it likely that PotCoin will remain a relatively minor altcoin in the cryptocurrency landscape. It trades on five markets and transitioned to proof-of-stake , which allows people to mine or validate block transactions according to the number of coins they hold. Here's how a weed-smoking model raised millions of dollars with a token sale in California, then disappeared during an ongoing lawsuit.