
“In the midst of a wave of marijuana legalization across the United States, you can finally use bitcoin to legally buy weed. Kouchlock Productions, a medical marijuana dispensary in Spokane, Wash., that opened earlier this week, is already selling the drug using bitcoins, reports Coindesk. Medical marijuana has been legal in Washington since 1998, but buyers have been limited primarily to cash purchases due to credit card companies and banks reluctance to process payments for drugs that are still illegal under federal law. That’s where Bitcoin, which suffers little or no legal oversight, shines.”
http://www.dailydot.com/business/shunned-banks-legal-weed-retailers-bitcoin/
Related posts:
Gold replaces narcotics as the most valued smuggled item in India
Top UK official involved in national porn filter arrested for child porn
Who’s Hiring in the U.S. and What They Pay
A fully 3D Printed Metal 1911 Pistol
Government IT official with fake degree ran law enforcement data systems
Bono: “Capitalism takes more people out of poverty than aid”
Android nears 80 percent market share as iOS plummets
Tax disclosure report reveals 'minnows' paid penalties of as much as 129x tax owed
BATFE Confirms: All Gun Owners Subject to Arrest in Cars
Off Duty Soldier Armed With Handgun Saves 100 Lives During Mall Siege
Canada's Last Bitcoin-Friendly Bank Closes Accounts Nationwide
Airbnb Pressured Into Starting To Collect Hotel Taxes In San Francisco
The European Economy You Must Own
BitPagos Uses Merchant Processing To Bring Bitcoin To Argentina
The Creepy New Security Credit Score for Spotting "Insider Threats"