Friday, June 8, 2018
8A Solving the Problem
The marijuana business throughout America, is beginning to take off, as more and more individuals have are catching on to the deregulation that many states are now providing its citizens. The issue remains that many banking and lending institutions will not provide many dispensary with a line of credit or even allow these dispensaries or individual sellers to deposit money. What I propose is an online banking system that utilizes cryptocurrencies and cyrptobanking that swaps this cash for crypto, thus allowing marijuana dispensaries and other marijuana manufacturers to deposit their money. This will bridge the divide for many marijuana dispensaries and open up a new mode of banking.
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Hey Olufemi!
ReplyDeleteI found your topic first of all to be strong overall and really relevant to the sociopolitical landscape of our nation; many people rely on marijuana for a variety of things, so coming up with an opportunity that facilitates the transitioning of marijuana into the mainstream is ingenious. Your solution to this problem is also quite original; I personally would have never been able to connect the cryptocurrency and marijuana industries the way you have, so you really are sitting on something great. I wish you wrote more about what you discussed because what you had was so great. Awesome job!
Hey Olufemi,
ReplyDeleteI do think that this idea is very creative and also helpful for the people in the marijuana business. Your solution to this problem is great with all the banking system. Using crypto banking for this type of service is unique and smart! Great job overall and i look forward to hearing more of your ideas!! Great job