Friday, January 7, 2022

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.

2 comments:

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