What is Cannacoin?

You have probably heard of Bitcoin, right? You probably wouldn't be here if not for Bitcoin. Bitcoin is a new form of digital electronic money called "cryptocurrency" for use by anyone, anywhere, anonymously, and inexpensively over the web. Cannacoin is a cryptocurrency similar to Bitcoin that was deployed in 2014. It is in a class of cryptocurrencies known as "altcoins" which mean "alternative to Bitcoin". Altcoins generally cater to a "niche" market in some way or another and Cannacoin is no different. Someday, Bitcoin will be too precious to spend so we need Cannacoin for liquidity. Cannacoin was designed by hand with love by two twin brothers who were also operating a highly successful online medical cannabis forum here in the Pacific Northwest known as "NWGT.org" or "Northwest Green Thumb". NWGT.org spawned from a simple CL encounter to over 20,000 members at its height. What it spawned is one of the most important contributions to the world of cannabis today. Although it was not received well in the beginning, time has shown us that cryptocurrency is the future and we are proud to be involved in its birth.

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Cannabis and The Financial System

While cannabis is widely accepted worldwide by most adults, there are still a lot of concerns about incorporating cannabis into our current financial system. We needed an alternative to cash that could be implemented worldwide, so we came up with Cannacoin ($CCC). Cannacoin was initially created in 2014 and deployed on the now defunct NWGT.org, an online medical cannabis forum. It was meant to circumvent the banking ban placed on cannabis businesses through federal prohibition. Cannacoin is ideal in many ways. It is cheaper and more secure than most payment methods. In a world where cryptocurrency is quickly becoming ubiquitous, Cannacoin is the best choice because Bitcoin is too precious to spend on everyday purchases.

Unlocking a New Era for Cannacoin™: Your Support Needed to Embrace Satoshi-Based Ordinals Contracts

Since our inception in 2014, we've been on a mission to revolutionize the cannabis industry through the power of blockchain technology. Together, we've built a robust and passionate community that believes in a future where cannabis commerce is secure, transparent, and accessible to all. Today, we're thrilled to announce an ambitious new initiative that has the potential to elevate Cannacoin™ to unprecedented heights—but we can't do it without you . Embracing Satoshi-Based Ordinals Contracts We are planning to update our blockchain to accept Satoshi-based ordinals contracts , a groundbreaking advancement that represents the next frontier in blockchain innovation. This technology allows for more complex and versatile transactions, enabling features like smart contracts and decentralized applications (dApps) on the Cannacoin™ network. What Does This Mean for Cannacoin™ and the Cannabis Industry? Enhanced Functionality: By integrating ordinals contracts, we'll u...

Hemp, CBD, and THC

Cannabidiol (or CBD) is a constituent of the hemp plant that is associated with physical healing properties. It works on the body's endocannabinoid system as an agent of equilibrium between the various systems of our bodies. Hemp is said to be the original cultivar of the human species. It was the first plant grown on purpose by humans over 6,000 years ago. It can be used for its strong fiber for cloth, rope, and to feed livestock. My theory is that many of the strange diseases and food allergies that arose in the 20th century are due to the fact that hemp was removed from the food chain in the early 1900's during criminalization efforts. CBD is non-psychoactive unlike it's "neighbor" THC (also found in hemp but in lesser degrees) which is well known for it's psychoactive properties and sometimes can cause adverse effects in the overall experience of the ingestion of cannabis. Such effects as paranoia, anxiety, hallucination, and "time shift" amo...

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