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RE: Cannabis News - California Considers State Bank For Cannabis Industry, Banking vs Cryptos, MJ Facts.

in #cannabis6 years ago

Good read.... and tough question. I almost want to video discuss with you. I'm all for a free market too and #taxationistheft if you ask me BUTTT things are the way they are and I don't want to see cannabis excluded from the mainstream banking system because it screams discrimination. Crypto currency scares me for all the typical reasons but let's be real... even money isn't really money, just a promissory note. IDK, in a perfect world, they would regulate cannabis just like tomatoes then the need for wanting to use CC out of fear of the capitalistic monster wouldn't be there and we could all breathe a little easier (or a little smokier)

I've heard rumor the the UN is discussing announcing it's stance on decriminalizing cannabis globally so hopefully that will help. They (govt) just need to be sure that the is language that protects small home grows who are only growing to provide for themselves and also small businesses who want to grow, like local winery's and craft breweries do. Regulation wise.... I think it will take a lot of time to get through all the red tape but at least we're taking steps forward!

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@gimaryjane, Unfortunately, Governments and Banks will have a significant role in the cannabis industry, that is the only way legalization will come about... they want their piece of the pie too. The industry will move forwards and Cryptos & Blockchain tech will have its place in the sector. I am excited to be a part of it, we all can participate in the Cannabis Internet.

Corporate greed and government deceit will always be a reality... From what I've seen in the cannabis community cost to cost, no matter what "they" do, the community will always find a way to thrive and heal.

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