Shitcoin Digest: HempCoin (THC)

If you’re interested in buying cryptocurrency, I suggest Coinbase for the easiest transfers and they have more than just Bitcoin. If you click on the link to sign up, I get $10 after you deposit a total of $100. So please check out Coinbase.

HempCoin (THC)

According to the HempCoin website, “At HempCoin, our end goal is not just to become a payment option during the purchase of cannabis but a primary payment method. In 2018 we aim to offer three payment methods: HempPAY™ Mobile, HempPAY™ Card and HempPAY™Online. HempCoin will to work together with dispensaries to create incentives for cannabis buyers to choose cryptocurrency as a form of payment over fiat. With our HempPAY™ Mobile and HempPAY™ Card options. HempCoin is also working with e-commerce solutions such as WooCommerce, Magento, OpenCart, PrestaShop and OSCommerce to provide customers with the option to pay in THC.” Since US regulations won’t allow state legal dispensaries to put money in banks from the sale of legal marijuana, I see this as a good solution. Unlike other marijuana based industry coins, this one is rather professional and I appreciate that a lot. They had the normal from since January, so I feel that only means that this is a buy point. If they interface to purchase is easy to use, I will call them a strong buy and hold as a future investment. So I am calling this a long-term yes.

NOTE: This piece was originally posted by Michael as an on- site page on TheMichaelBeebe.com while he was doing research into cryptocurrencies.

 

Disclaimer: Michael Beebe is not a financial advisor and all research is for his own purposes. He is simply sharing the research with the readers of this or other blogs and makes no claims to be an expert in finance or any forms of investment.