Post
Topic
Board Announcements (Altcoins)
Re: [ANN] CannabisCoin [CANN][X11][Official][420] Developments & Discussions.
by
natmccoy
on 14/10/2014, 19:53:27 UTC
People continue to make the market-cap argument relentlessly in this thread, but I believe that it is flawed & this coin truly can have a valuation of 1 billion dollars. Regardless of whether every coin-holder will be able to buy weed with cannabiscoins in the next year, or even if 20% of coin-holders can do that. Marijuana is something that resonates with a lot of people. There are whole cultures and social circles, documentaries, prisoners, books, medicines, scientific research etc. It is in some way involved in the lives of tens of millions of people, and as the dev emphasizes, incredibly important for the many people who use it as a medicine. Now here we are, in the year 2014, at a time where cryptocurrency has been born and legitimized, medical marijuana is sweeping the nation, and recreational marijuana is being legalized and decriminalized. We have a dev who is actually good at acting on his plans, this guy is an achiever. He's networking well, growing medical-grade cannabis in large quantities, and created a cryptocurrency that is currently valued at $3.3 million dollars. Yet this man continues to say that it is all about the patients for them & he is happy to share medicine with them and improve their lives. It is a perfect convergence of events. What I'm saying is, the actual dispensary-market for this coin will initially be relatively small, yes, but we don't need the dev to be shipping 100 tons of pot by the trainload to give this coin a $1B valuation.