Re: [ANN] CannabisCoin [CANN][X11][Official][420] Developments & Discussions.
I've already shared my thoughts on the price pegging and agree with the 1:1 ratio. I also think it's something that has to be done for stability as Ared's post noted.
What I wanted to add is that most people keep talking about Arizona, Colorado, Washington, and now potentially Florida. The fact is, nearly half of the states already have medicinal laws in place, some a little looser than others, but the acceptance is growing fast. And this doesn't factor in anything international.
When you start thinking outside of a few states and then outside of a single country, you soon see that a 1:1 peg isn't out of the question at all and 420 million coins becomes quite rare in that big picture. CANN is young and breaking into an industry that has no nowhere to go but up, and we're all in for a helluva ride thanks to D9 and his team.
For more info on MMJ and other state laws, check out http://norml.org/states .
That's what i'm saying the whole time. This is right time for this coin as most of the states are preparing/have the new laws prepared and after that they will all need an payment processor so if we could offer them cann or if they will read about it themselves then i'd say there is 85%+ chance that they will accept it What I wanted to add is that most people keep talking about Arizona, Colorado, Washington, and now potentially Florida. The fact is, nearly half of the states already have medicinal laws in place, some a little looser than others, but the acceptance is growing fast. And this doesn't factor in anything international.
When you start thinking outside of a few states and then outside of a single country, you soon see that a 1:1 peg isn't out of the question at all and 420 million coins becomes quite rare in that big picture. CANN is young and breaking into an industry that has no nowhere to go but up, and we're all in for a helluva ride thanks to D9 and his team.
For more info on MMJ and other state laws, check out http://norml.org/states .
.The market of marijuana will be multi-bilion after it gets accepted everywhere. So why not 1b of market soloely for canncoin? It's just a kind of payment processor with some advantages.