Interview with Russell Thomas, CIO, PotCoin Systems

The newly legalized and burgeoning Cannabis industry has called out for its own distinct cryptocurrency. PotCoin was designed to empower, secure and facilitate the Cannabis community both medicinal and recreational alike.

After the coin was launched on January 21, 2014 in a volatile market, PotCoin has held its own remarkably. Growth exceeded expectations and as the coin itself grew, so did the team behind it, eventually leading to the creation of PotCoin Systems.

Cointelegraph got a chance to interview Russell Thomas, the Chief Information Office at PotCoin Systems and ask him about recent developments, the convergence of the nascent cannabis and cryptocurrency industries, and PotCoin’s charity driven ambitions.

Cointelegraph: What was your motive for creating PotCoin?

Russell Thomas: PotCoin was created to serve the needs of the legalized cannabis market in a time in which the banking industry remains conflicted with federal laws regarding the legality o