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In the medical marijuana industry where cash has taken a killer role, a company has created an app to solve payment problems.
In a world where cash is king, crime is rife. Bitcoin has come to the rescue of the cash beleaguered medical marijuana businesses.
BitMD is a company that combines point-of-sale (POS) terminals, wallet software and Bitcoin Teller Machines (BTMs) to enable patients to pay medical providers in Bitcoin right at the counter.
Now that PayPal merchants are allowed to accept Bitcoin as payment, the list of Bitcoin merchants is presumably expected to expand significantly. Since the announcement last week, there have been a dozen new merchants that have added cryptocurrencies as a new payment option for customers.
As usual, the potheads know what’s up: the group working to legalize marijuana in Oregon this fall is now accepting Bitcoin donations.
CannabisCoin (CANN) is a PoW (proof-of-work) peer-to-peer digital currency that enables instant payments to anyone in the world.
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