
“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:
South Korea's Crypto Craze Explained by Seoul's Largest Investor
New York police sued for pepper-spraying 5-month-old baby over subway fare
The European Parliament’s Pro-Tax Politicians Should Go After their Own Tax-Protected Salaries
Bitcoin Maverick Returns for New Crack at Digital Currency
Beating Obamacare: Hospitals Across Borders
Thailand Bitcoin issues - Not exactly true
Toolbar enslaves PCs for Bitcoin mining
General Hayden CIA and NSA Head Confronted About Domestic Spying [2011]
Pentagon’s New High-tech Warfare Medal Draws Backlash
Top 20 Hollywood Donors Have Already Shelled Out $1.45 Million To Parties in 2013
The “Dark Side”: Secret Evidence, Illegal Searches, and Dubious Traffic Stops
Preliminary Hearing: D.C. vs Kokesh
Deutsche Bank Stock Crashes After Fed "Secretly" Put It On "Troubled" Watchlist
Jim Rogers on Malaysia
The Drug Warriors Cashing In on Pot Prohibition