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Does it? It sounds like they have a credit card with fraud protection and they already understand how it works, and don't want to have to fiddle with some newfa
by emodendroket 3y ago
Does it? It sounds like they have a credit card with fraud protection and they already understand how it works, and don't want to have to fiddle with some newfangled financial product that doesn't offer those protections and seems vaguely shady, to me.
- eru 3y agoMany states in the US have legalised buying and selling of marijuana. Many payment processors don't want to touch this, on neither the buying nor selling side. You might declare marijuana vaguely shady, but as far as I can tell, it's a legitimate product that consenting adults might want to trade in.
- emodendroket 3y agoHow many people do you see choosing to use Bitcoin rather than cash at marijuana dispensaries? I'm puzzled at how this is a rebuttal of "people don't want to use Bitcoin unless they absolutely need to" argument. If the issue is that taking credit cards is inconvenient for the seller, I don't think buyers generally see that as their problem so long as someone else is willing to accept them.
- eru 3y agoI don't live anywhere with marijuana dispensaries. Yes, if you buy in person, then cash works. I was more thinking of buying online. And also where a marijuana business would keep their money. (For the latter, bitcoin isn't very useful, because suppliers won't accept it. But neither is the legacy banking system always willing to serve businesses in weird niches.)