“Although recreational marijuana has been legal in Washington for more than a year, federal law still prohibits banks from dealing with those businesses.  This month the New York Times wrote a front-page feature on marijuana business owners in Seattle paying state taxes with mountains of cash.  Sean Green, himself a marijuana business owner, credits that story with helping push federal officials to act.  In the meantime, Green said his medical marijuana dispensaries are going to accept the digital currency Bitcoin. He concluded that the novel currency would be a good alternative to the options they have now.”

http://kuow.org/post/banks-remain-cautious-washington-pot-entrepreneurs-turn-cash-bitcoin

Did you like this?
Tip Freedomwat.ch Staff with Bitcoin

Donate via Installed Wallet Copy