Earlier quoted context omitted.
Sure, for people that want to pay 5$ more for every transaction. Probably a good number of people don't.
Where I’ve been, they round up to the nearest multiple of 5, and the extra you pay is kept as credit on your account towards future purchases.
US drug control agency will move to reclassify marijuana
451–460 of 918 posts
Re: US drug control agency will move to reclassify marijuana
#452Earlier quoted context omitted.
My brother supervises at a dispensary. They are not attractive robbery targets at all. They have a lot of security. Like a bank, they expect the amount of cash would bring trouble if they were not prepared. Unlike a bank, they don't dispense much cash (just petty change) so they don't even have to leave much in the drawers, which are emptied frequently and dropped into a safe nobody there can access. They have cash-h…
That dig at employees of dispensaries is really low
Re: US drug control agency will move to reclassify marijuana
#453Earlier quoted context omitted.
The difference is in Canada it's actually fully legal at all levels of government, so the transaction is a normal point of sale transaction, it can also go through a credit card as a normal purchase without being subjected to the expensive cash advance interest rates, and so on. It can even be a tax-deductible and reimbursable business entertainment expense under similar conditions to alcohol.
Its super weird how america can make things half legal. In canada the responsibilities are divided up between different levels of government. None of this legal at one level but not another level bullshit.
What is going on is that not that weed is 'half-legal' in the states. It is fully illegal. What is true is that the federal enforcers have more or less decided to leave people alone when the state allows the use of Marijuana. Pre 2017, the exact same thing was happening across Canada where local jurisdictions allowed cannabis use and sales, and the RCMP basically turned a blind eye. Vancouver is the most obvious example, where there was actually a decline in the number of dispensaries after weed became federally legal.
Re: US drug control agency will move to reclassify marijuana
#454Earlier quoted context omitted.
>If 2/3 of the public wanted abortion rights, Biden would have 2/3 of the popular vote, but he won't get anywhere near that. Hence, most people don't want Roe reinstated. QED. That isn't the way people work. Or voting. Or polls.
It is the only practical measure of true public opinion. You can also, by extension, infer that roughly 47% of Americans think sexual assault is acceptable and that democracy is undesirable. It may not be what they say or even what they think but it is reflected in what they do.
People are multidimensional but American Presidential politics forces them into a binary decision. Yet there are numerous reasons why people who support abortion might not vote for Biden. They may support abortion but not believe Biden is a credible choice to defend abortion rights. They may support abortion but vote against Biden to punish the Democratic Party for their response to Dobbs. They may support abortion but reject the Democratic Party altogether. They may support abortion but find activism at the state level more effective, and find other things like Biden's support for Israel more objectionable. They may support abortion but also support Trump, because pro-choice Republicans do exist, and their only options will be to vote Trump or not vote and all. And most people won't even vote at all.
>It may not be what they say or even what they think but it is reflected in what they do.
No. It may be comfortable to see people in such black and white terms, but the premise that unless one votes for Biden, one doesn't support abortion regardless of what else one says and does, is ... not even wrong levels of wrong.
Re: US drug control agency will move to reclassify marijuana
#455Earlier quoted context omitted.
Mainly because your employees, suppliers, and landlord have no desire to be paid in Bitcoin.
What does that matter? You can convert Bitcoin into cash. But then you can do that in an undisclosed location at your leisure instead of keeping a mountain of cash in your publicly advertised storefront location and becoming a huge robbery target. Also, it doesn't seem like it would be that hard to find someone to accept it as payment, since they can convert it to cash too. And the sort of landlords/suppliers/employe…
I show up and convert cash to bitcoin, presumably losing some of its value to exchange fees.
Pay the merchant my bitcoin, who then has to convert it back to cash losing more of its value to fees so that he can pay all of his staff, suppliers, utilities, etc...
Why not just skip the bitcoin step and save time and money?
Re: US drug control agency will move to reclassify marijuana
#456Re: US drug control agency will move to reclassify marijuana
#457Earlier quoted context omitted.
And for all that convenience, each BTC transaction costs only $7 !
So use Bitcoin Cash or any of the other alternatives with lower transaction fees.
That is the benchmark you are competing against.
Re: US drug control agency will move to reclassify marijuana
#458Earlier quoted context omitted.
You can in the U.S. too. For instance, in Portland we have a neighborhood shop and you can use a debit card there because each transaction is classified as an ATM transaction. All the ban ever did was making accounting and reporting more complicated, it didn't stop state legal sales or transactions.
Extended banking services are difficult. Finding a fdic insured bank that will do business with a dispensary is hard. The business, esp those that aren't already multinational or national conglomerates with enormous amounts of cash This is really exciting to see.
Re: US drug control agency will move to reclassify marijuana
#459Have we learned nothing from the Mueller Investigation? How are we all still falling for unsourced stories 5 years later?
Re: US drug control agency will move to reclassify marijuana
#460Earlier quoted context omitted.
So use Bitcoin Cash or any of the other alternatives with lower transaction fees.
The transaction fee for a cash transaction is $0 and no time for the consumer. That is the benchmark you are competing against.