Bitcoin (BTC) and other cryptocurrencies’ promises of financial freedom and liberation from the shackles of dependable third parties give us a glimpse of the breadth of the advantages of their incorporation into our society. We’ll inform you in this post about the existence of cannabis dispensaries that accept bitcoin, including one situated in Canada’s Kanesatake QC (Quebec).
A first: a cannabis dispensary and Bitcoin (BTC)?
When we talk about bitcoin, we shouldn’t just focus on the market data that predicts its demise or at the very least, the bad numbers related to cryptocurrencies. Indeed, there are several advantages to using bitcoin, not the least of which is that it is a secure, non-governmental, global form of money.
The advantage of bitcoin is its independence from the existing financial system, whose demise is impending. Many businesses are being forced to innovate as a result, especially in terms of how goods and services are paid for. This is true of SpeedWed, a cannabis delivery service that is authorized and authorized in California.
Also take note of the existence of a few businesses that specialize in CBD and THC delta-8 and take bitcoin as payment. The Spend Bitcoins website has discovered about forty ” Cannabis Clinics ” that permit cryptocurrency transactions in the United States alone.
In other words, the grass appears to be quite green on the side of Uncle Sam’s nation and of several European nations, like the United Kingdom.
However, we have lately discovered a Canadian cannabis dispensary that takes bitcoin. Warrior Buds are located in Kanesatake, Quebec (Quebec). It is one of Oka, Quebec’s top 8 recreational marijuana retailers according to Yelp.
Exclusively for recreational usage is cannabis
Did Snoop Dogg consider that when he launched his virtual weed cultivation venture in the metaverse in April? In any case, according to the law and our leaders, the only things that are hateful are bitcoin and cannabis. Additionally, they represent the conflict between law and commerce.
However, it is important to note that some nations, such as El Salvador and the Central African Republic, have lax regulations on cannabis and cryptocurrencies. Despite a surge in individual and company acceptance, bitcoin does not yet have a certain level of legitimacy in the United States. Cannabis has benefited from a legal position in this nation as long as it is only used for leisure and medical purposes.
As a result, there are many marijuana dispensaries in certain states, including Washington, DC.
To argue that the US government, which is unenthusiastic about cryptocurrencies, published a paper intended to deter companies that accept cryptocurrency payments in 2021 According to its spokesmen, history must end “widespread unlawful behaviors, including tax evasion.”
There are a small number of cannabis stores that accept bitcoin because some brave investors think it will usher in a brighter future. It’s a spillage that some wish to halt with restrictions and criticism, but which the history of humanity will show is unstoppable.
Source: Cannabis Tech