Quote from: nil8tor on September 29, 2014, 03:39:50 PM

Quote from: cookiemonster7 on September 29, 2014, 07:14:24 AM

Quote from: PotCoin on September 29, 2014, 03:42:14 AM

i would like to know what growers are going to sell 1 gram of pot under 1 penny.

cann is backed by this candy strain... who is selling this and loosing all the money?

it costs a few dollars to produce marijuana so i don't see this works in the real world and yo have to pay tax on it also.

this all sound great in principle, someone please explain to me how you see this working exactly.

They are the "Capitalist Move". Nothing more than blatant hype and a monstrous scam.

Let's spend a minute to get the facts straight on this subject please.

You cannot back a cryptocurrency without a contract for the asset in writing and you certainly cannot back an international currency/property with a product that is illegal in all but a handful of places around the world, medical or not.

PotCoin Systems is the company behind the coin that supports an open community of developers around the world. We are not a pure development team like other coins. Yes, we have developers on staff such as myself, but the company is here to provide support the coin and community through centralized marketing, shared computing resources, team organization, project management, and support to the amazing independent community devs who have made PotCoin what it is today in any way that we can. (See today's post: http://www.potcoin.com/potcoin-community/)

Lastly, this is no scam nor blatant hype. We have many people that work daily to support the coin and the community. Many of them have given up their careers to support this noble cause and what will ultimately be a lucrative investment for all those that remain involved. I personally have done just that and will continue to support medical cannabis and PotCoin. We have already given thousands of dollars to charity and community developments in support of medical cannabis, legalization, and cryptocurrency and see no end in sight.

Do not believe the FUD, it's a tactic used by the insecure.

- Russell Thomas
- CIO, PotCoin Systems

Scam and blatant hype was in reference to CANN, sorry for the poor English, Potcoin is maturing.