California Cannabis Chain People’s Remedy now accepts crypto as payment.
People’s Remedy, a Cannabis chain with 4 stores in California, now allows their customers to use cryptocurrency (bitcoin cash, dash, litecoin, bitcoin satoshi’s vision and bitcoin core) as payment.
According to John Williams, the Tech Manager of People’s Remedy, “Smart People use technology to make their lives better, and People’s Remedy does Tech better than any cannabis business”.
More than that, the store is set on building a circular economy by paying its employees in crypto assets.
If you think of it, it's the circle of life. When Bitcoin was underground, it was really popular to buy Cannabis, it just makes sense that Cannabis centred businesses would be in the frontline to accept it in the mainstream.
WallStreetBets Redditors have been scammed out of $2,1 Million
r/WallStreetBets, the breeding ground for the Gamestop stock revolution, was the target for the latest online scam. The telegram-based scammers offered “WSB Finance” token, giving Redditors the possibility of buying them before being listed.
In total, r/WSB Redditors paid &2,1Million worth of Binance Coin (BNB), but the WSB token was never delivered.
The scammers stated that the tokens were not being provided, because they were experiencing some problems with the transactions. So, the modern equivalent of “my dog ate my homework”, the oldest trick in the book.
Conveniently, Redditors were able to keep their (nonexistent) tokens only if they repaid the same amount to the scammers' wallet.
The last known communication from the scammer was:
“Buying Lambo now.”
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Could the internet be decentralised in the next few years?
“I mean technology, it moves fast so at the end of the day those that don't adapt, they'll be left out”
This is David Gokhshtein (CEO of PAC Protocol) take on the decentralization of the internet, which he believes will be done in the next 2 to 3 years.
Some companies, such as PAC Protocol, are currently developing and working on applications built around the blockchain, that may very soon challenge the likes of Google and Microsoft.