Cannabiscoin: A Cryptocurrency Based On Cannabis

Is Cannabiscoin The Future?

We have recently been talking about cryptocurrencies and especially about Potcoin in this blog and today we want to tell you about another marijuana related virtual coin, which goes by the name of Cannabiscoin.  

This virtual currency, is very special as every coin is said to be equal to a gram of CANNdy.  According to Cannabiscoin.net, "CANNdy is a supply of meds that consists of strains grown specifically for CannabisCoin purchases and/or strains that can be purchased at the rate of 1 Cannabis Coin (CANN) to approx. 1 GRAM of medication."  This means that this cryptocurrency is very different from the rest, as it will actually be worth something that we can touch and feel.  Not only that, but it will be worth real grams of marijuana!

Cannabiscoin was created as a payment solution for medical marijuana dispensaries, cannabis retailers, marijuana merchants, marijuana growers and more.  This cryptocurrency, is based on the Bitcoin protocol, but it is slightly different, as mining these coins, does not require very expensive hardware.  

Cannabiscoin, is also part of the Yes We Cann Movement, which "is about medical marijuana dispensaries and shop owners that participate in providing safe, affordable, and quality medicine utilizing CannabisCoin as payment. This movement is a way for dispensaries and shop owners to show their appreciation to their patients by donating some medication into the “CANNdy” inventory."  As said above, some marijuana growers are also now focusing on a special strain just for CANNdy inventory and this is surely going to increase the price of Cannabiscoin in the future.  

This virtual coin, will be a great decentralized solution, which is also fast, secure, simple and legal. It will remove third parties from transactions between medical marijuana patients, growers and dispensaries.  It will also reduce expenses and costs for everyone in the market and this is why its price has been rising, since it was released less than a year ago.  

There will only be 92000000 Cannabiscoin available, which makes them very interesting and a good investment too.  So if you still haven't got your hands on some cryptocurrency, it is time for you to try Cannabiscoin and start earning some CANNdy.  

To learn more about Cannabiscoin and how to get some, you can visit Cannabiscoin.net or join the community at https://bitcointalk.org/index.php?topic=827998 or at http://www.reddit.com/r/cannabiscoins

Please remember to share and like this blog post, so that more people can read about Cannabiscoin and its benefits.  Don't forget to sign up for our free newsletter, so we can send you more interesting news, directly to your inbox.