Latest topics
» 3800 Cities Water More Contaminated Than Flint Michigan
Today at 1:26 am by PurpleSkyz

» UPDATES ~ Argentine Submarine Goes Missing with 44 Crew Members On Board
Today at 1:23 am by PurpleSkyz

» Did You Know That in 2012 Bill Gates Agreed to Fund Chemtrail Project?
Today at 1:18 am by PurpleSkyz

» Does Astronaut’s Visor Reflection Shows A Mysterious Figure On The Moon?
Today at 1:17 am by PurpleSkyz

» Fast Moving Meteor-Like Object from Space Captured by ISS
Today at 1:15 am by PurpleSkyz

» Happy Saturday/Friday Everyone!
Yesterday at 9:44 pm by NanneeRose

» Breaking, chicken arrested for attacking InfoWars reporter
Yesterday at 9:42 pm by microaggressor

» NanneeRose
Yesterday at 9:40 pm by NanneeRose

» Whooooo is Q? ‘Thomas Paine’ Reveals his NSA Insider
Yesterday at 6:42 pm by PurpleSkyz

» Cannabinoids Show Potent Antibacterial Activity Against Six Different Strains Of MRSA
Yesterday at 4:33 pm by PurpleSkyz

» Celebrities React-
Yesterday at 3:14 pm by terbo56

» Crow For Thanksgiving
Yesterday at 2:19 pm by Valentinus411

» Mystery Booms over Lewiston Idaho & near Columbia South Carolina
Yesterday at 1:38 pm by PurpleSkyz

» Linda Moulton Howe - Richard Doty
Yesterday at 1:35 pm by PurpleSkyz

» NIBIRU News ~ RED PLANET OR NOT?ISS LIVE FOOTAGE plus MORE
Yesterday at 1:27 pm by PurpleSkyz

» UFO News ~ AMAZING UFO OVER AROSIO, LOMBARDIA ITALY plus MORE
Yesterday at 1:23 pm by PurpleSkyz

» Footage Emerges of Crisis Director “Directing” Scene During Vegas Shooting
Yesterday at 1:16 pm by PurpleSkyz

» Malcolm Young,AC/DC Guitarist Dead-
Yesterday at 1:05 pm by terbo56

» Max Igan - What's About to Happen
Yesterday at 12:48 pm by PurpleSkyz

» Property, Property Taxes, and the Whole Picture to Date by Anna von Reitz plus more
Yesterday at 12:42 pm by PurpleSkyz

» Manson 'STILL' alive-
Yesterday at 12:29 pm by PurpleSkyz

» Silicon Valley Exec Has Created A New Religion That Will Worship A ‘Godhead’ Based On Artificial Intelligence
Yesterday at 9:07 am by Ventura66

» Liberals finally hold Bill Clinton accountable for sexual misconduct
Yesterday at 3:04 am by MartyM

» BREAKING: Petition Calls for Disgraced Al Franken to RESIGN IMMEDIATELY!
Yesterday at 2:56 am by MartyM

» The Veracity of 1186 Indictments
Yesterday at 2:51 am by MartyM

» The Un-Vacation Phenomenon by Anna Von Reitz
Yesterday at 2:42 am by MartyM

» BREAKING: Convicted mass murderer Charles Manson dies aged 83
Yesterday at 2:36 am by MartyM

» Articles of Impeachment Against Trump Introduced by US Lawmakers
Yesterday at 2:06 am by MartyM

» Lionel Nation 11-17-17… “Q Clearance Patriot #4chan #QAnon Drops
Yesterday at 1:37 am by PurpleSkyz

» POOFness for NOV 17: BANKER BLOCK believe it or not this scam works!
Yesterday at 1:14 am by robert18

» Self-Awareness, The Wheel of Societies, Simultaneous Awareness
Yesterday at 12:52 am by PurpleSkyz

» 5 Extinct Creatures Found on Camera
Yesterday at 12:35 am by PurpleSkyz

» 280 million year old fossil forest discovered in Antarctica
Yesterday at 12:25 am by PurpleSkyz


CURRENT MOON

You are not connected. Please login or register

Out Of Mind » FEEL GOOD ~ BODY & MIND » CANNABIS & NATURES MEDICINALS » Pot from Above: San Francisco Entrepreneurs to Deliver Weed By Drone Using Bitcoin

Pot from Above: San Francisco Entrepreneurs to Deliver Weed By Drone Using Bitcoin

View previous topic View next topic Go down  Message [Page 1 of 1]

PurpleSkyz

avatar
Admin
Pot from Above: San Francisco Entrepreneurs to Deliver Weed By Drone Using Bitcoin




October 5, 2015
By Justin Gardner
A company called Trees may soon represent the perfect confluence of technology, libertarianism, and enthusiasm for an ancient psychoactive plant.
Trees, which currently delivers high-grade cannabis to the homes of Bay Area medical patients, wants to take this service to the next level by using drones for delivery. That in itself would be novel, but the kicker is that people could use Bitcoin—a cryptocurrency that exists outside of government control—for payment. When you press a button on your smartphone’s Bitswitch app, the drone will drop the neatly packaged product into your lap.
That is, if CEO Marshall Hayner can get around the Federal Aviation Administration’s prohibition against using drone delivery for profit. Hayner is seeking a 333 exemption, which the FAA gave to Amazon so it could test delivery drones.
Annalee Newitz of Gizmodo met with Hayner and some colleagues at a San Francisco park back in August to talk about the future of Trees. The three—including Jackson Palmer of Dogecoin and Morgan Rockwell of BitSwitch—have long been involved in Bitcoin startups, and they see Trees as a solution to the apparent slump of digital currency.






Cannabis is the ideal market for Bitcoin. While the legalization of cannabis for both medical and recreational purposes is gaining ground across the country, most states have some form of prohibition, as the federal government is still stuck in the dark age.
What this means is that anyone who wants or needs to deal with banks for a cannabis business will have no luck, as banks are tied into a centralized system under control of the U.S. government and the Federal Reserve cartel.
The Fed acts as a proxy enforcer of federal drug laws by refusing to deal with cannabis businesses. This stance endorses a primitive, fiction-based view of cannabis and makes a mockery of states’ rights.
The cartel cemented its position in July when the Federal Reserve Bank of Kansas City denied an application for a master account by a non-profit cooperative formed by Colorado’s state-licensed cannabis manufacturers.
Since asking any sort of depository institution to operate without such an account, and hence without access to the Fed’s payment facilities, including its check clearing, wire transfer, and ACH facilities, is like asking a commercial airline to make do with propeller-driven biplanes, and established banks don’t want the extra hassle that comes with dealing with pot growers, the Kansas City Fed’s action forces Colorado’s marijuana industry to do business on a cash-only basis, with all the extra risk and inconvenience that entails. – CATO Institute
The Fourth Quarter Credit Union is now suing the Federal Reserve Bank of Kansas City, pointing out several unjust actions taken by the Fed during the application process.
Using Bitcoin currency can avoid these regulatory nightmares of central authorities, and that is the genius of Trees.
They are tapping into a cannabis market that’s booming as prohibition laws fall to the power of logic and science. If the Fed continues its stance, Bitcoin may find the momentum it needs to become a powerful rival to fractional reserve banking.
Hayner describes what the future cannabis industry may look like.
“But the showstopper was actually the Bitcoin, not the bud. And Hayner’s futuristic plans. “The ten year vision is an app for every part of this industry,” he said, puffing on a vape pen full of cannabis oil. “You’ve got apps for the grower to monitor nutrient levels, and it ties into everything.” Soon you have apps for harvesting, shipping, selling, and finally, of course Bitcoin point-of-sale devices in your delivery drones.
“In the future all these apps can pull together a network, little by little,” Hayner said, gesturing vaguely at the drone, the box of pot he’d just given me, and perhaps at the park itself.”
Image Credit: Trees Delivery
Justin Gardner writes for TheFreeThoughtProject.com


Thanks to Visionkeeper for the forward and: http://www.activistpost.com/



  

View previous topic View next topic Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum