[Source] Sasquatch Labs - Intro/Sale (US Domestic)

There are actually have a couple Marijuana Coins - similar to bitcoin

Here are a few:

THC <<<trading symbol <<< HempCoin
DOPE <<<trading symbol <<< DopeCoin
POT <<<trading symbol <<< PotCoin

Considering that the marijuana industry isn't legal federally and they can't store their money in the bank.. could these be stores of value? I am not sure I've never looked at the white paper on them...

There are 1000's of coins... Bitcoin is just the "Face or Brand" of cryptocurrency

You are right there are a ton of hustle's to make a ton of money..This is legal and your money can work for you. The rich get richer because they let their money work for them. This is an opportunity for a bunch of guys on gear to make a ton of money, which probably most of us would have no clue about Bitcoin, if it wasn't for Meso or other boards within the same community. It's changed my life substantially and no where near to the extent that it will in the future.

If you need help let me know.
Thxs for the information you seem well informed. The Marijuana stock I'm involved with is public and trading. I've read how shops in Col & Wsh can't deposit their profits into the bank. Due too federal laws...that's ass backwards!

Edit- But bitcoin I'm not sold on.....
 
Last edited:
On transactions of 20 grand or more.

I'm still doing some reasearch on it but do u know if that's like a single transaction of 20 grand or for customers with 20 grand in total account? Regardless of amount isn't the whole point of cryptocurreny to avoid government oversight/regulations?
 
I'm still doing some reasearch on it but do u know if that's like a single transaction of 20 grand or for customers with 20 grand in total account? Regardless of amount isn't the whole point of cryptocurreny to avoid government oversight/regulations?
It's not for a single transaction - it's for customers who have moved more than $20,000 total through their account. Here's a quote with details:

"A California federal court has ordered Coinbase to turn over identifying records for all users who have bought, sold, sent, or received more than $20,000 through their accounts in a single year between 2013 and 2015. Coinbase estimates that 14,355 users meet the government’s requirements.

"For each account, the company has been asked to provide the IRS with the user’s name, birth date, address, and taxpayer ID, along with records of all account activity and any associated account statements. The result is both a definitive link to the user’s identity and a comprehensive record of everything they’ve done with their Coinbase account, including other accounts to which they’ve sent money."
 
Some laws they are required to follow...quoted directly from their website
  • The Bank Secrecy Act, which requires Coinbase to verify customer identities, maintain records of currency transactions for up to 5 years, and report certain transactions.
  • The USA Patriot Act, which requires Coinbase to designate a compliance officer to ensure compliance with all applicable laws, create procedures and controls to ensure compliance, conduct training, and periodically review the compliance program.
  • Most states’ money transmission laws and corresponding regulations.
 
It's not for a single transaction - it's for customers who have moved more than $20,000 total through their account. Here's a quote with details:

"A California federal court has ordered Coinbase to turn over identifying records for all users who have bought, sold, sent, or received more than $20,000 through their accounts in a single year between 2013 and 2015. Coinbase estimates that 14,355 users meet the government’s requirements.

"For each account, the company has been asked to provide the IRS with the user’s name, birth date, address, and taxpayer ID, along with records of all account activity and any associated account statements. The result is both a definitive link to the user’s identity and a comprehensive record of everything they’ve done with their Coinbase account, including other accounts to which they’ve sent money."

Now more than ever this stresses the importance of sending to another wallet before sending to source. Also for sources to create individual wallets for each transaction.
 
ive heard of guys getting thier coinbase shut down for suspicious activity.
 
Bust out the kokanee, haven't seen squatch for a few days

I kno how to get him back
Here boy here!!!
Come get ur treat!
1496688166860_-5359992085435895253.900w.jpg
 
Back
Top