Actually, What I said does make sense to me. ::starts to find data on smoke shops in legal states::
Think I will market them an IN-HOUSE system that can help them turn that USD into a tangible asset to deposit into the US banking system.
I will still mine these, But I think some of the main stream shops may like this idea and maybe help get alt-coins accepted as well!
Time for some sales copy to be written, Maybe I can make a sale or two on an IN-HOUSE coin.
Off to make white papers/ reports and sales copy I have a new system to push! thanks.
That truly defeats the entire purpose of what a decentralized currency is supposed to be about. No one person or organization should be controlling or profiting in a manner that is not equal to everyone else.
But the thing is, they do not need a De-centerilized currency, they need is something they can sell to their clients, that way they can bank the cash sales they are getting. I say coop's need to look at the gaming industry till banks accept cash sales of Maryjane.
As with the people mining see'ing profit from investing into a coin that could become used, I say in my business it would be better for me to create an in house system to handle their issue and bank. Would be much more profitable then mining these coins.
Business is business, and I think if pitched right a system like I am mentioning will sale.