I am sure almost everyone is sick of reading about legal issues.
But I still have one more important thing to say.

If marijuana is ever 100% legal, then there will be very little need for potcoin.
The main reason for marijuana vendors to use bitcoins or potcoins or another digital currency is because vendors have difficulty opening and maintaining a credit/debit card merchant account and because of issues handling large sums of cash.  I am sure someone can post stories about a few banks which openly process payments for marijuana, but that's the exception and not the rule.  If you have no experience maintaining a high-risk merchant account, then please don't even comment.  Keeping an account open is not easy.  There are plenty of legal industries which are considered high risk and thus are shunned by visa/mastercard and various banks.  Any bank which accepts high risk merchants is probably a bank which has issues/problems.  Banks which are very successful don't want/need to work with legally risky merchants.  The bad banks are often desperate (or poorly managed or have other serious problems) and therefore choose to work with risky merchants or otherwise they may go bankrupt.  I know because I sell high risk items on-line and only the worst payment processors and worst banks will accept me.

As long as the marijuana industry continues to have legal issues which make it difficult for marijuana vendors to process payments, there will be opportunities for alternative payment systems such as potcoin.  If you want potcoin to become popular and valuable, then don't hope/pray for 100% legal marijuana.  100% legal marijuana = no need for potcoin

Potcoin not only must compete against cash,credit cards,mobile payments etc., it also competes against other cryptocoins.  I think making analogies between potcoin and bitcoin is flawed because bitcoin has many more supporters than potcoin.  Non-miners need a strong reason to use a niche cryptocoin such as potcoin.  Miners will use whatever coin they mine.

For example, bitpay.com can be used to accept bitcoin payments on a website.  But maybe they don't permit marijuana sales?
Someone could make a potcoin version of bitpay which would be exclusively for the marijuana industry.
This is just an example of how potcoin can, in some instances, be more useful than bitcoin.

I run some websites which process credit card payments to sell stuff.  Few months ago, I added the option to pay with BTC/LTC but it's an off-site option.  The buyer must send BTC/LTC (via wallet) and then email me.  Even though, so far, no one has paid me by cryptocoin,  I still leave that payment option on my sites as a way to promote cryptocoins.  From my personal experience, most people still have little interest/experience in paying with cryptocoins.  This will hopefully change as people are more often exposed to cryptocoins.

Perhaps marijuana buyers are different than the average person.  Maybe they don't want a marijuana related purchase to be permanently recorded on their credit card statement which might embarrass them or negatively affect them in the future.  Currently, I am mining potcoin and of course, anyone who mines potcoin would like to be able to buy stuff with our potcoins.  Just keep promoting these coins and eventually buyers/sellers will often use them .... I hope.

In case some of you don't know, banks are important for almost every business because credit/debit card payments are all processed through banks.  Without a bank account, you can not put cash in a bank and you also cant process credit/debit cards either.  You can process credit/debit payments through someone else's bank account (for example: paypal), but you wont be able to open your own credit card merchant account.  Almost forgot to mention, having a bank account can make it much easier to convert cryptocoin into fiat money.

Oh I know that feeling, and I said my peace and blocked him, and moved on. Life is so much better that way. He clearly has some sort of anti-potcoin agenda, if not more. Even his name betrays him: Vice Roy. It could be taken as 'viceroy', but with how he's acting, it's like he's former narc/vice, and he got super mad when I mentioned that. Dude needs to chill and just move on.


Absolutely agree with everything written by notabot, especially the quoted text.

Even when marijuana is wholly decriminalized in the US, potcoin can still have a use. There will still be folks using it.

Look at it this way, people still use checks.

Are you looking for consistent potcoin returns? Look no further than chunkypools!

We're an OG potcoin pool, and still the hosts & developers of the potcoin paperwallet. We will always support potcoin and its great community.

Don't mess up the rotation, join us for a wake n' bake at chunky!



Where's my bong?

Seriously doubt there will ever be any sort of officially sanctioned AmexCoin or VisaCoin ever and if there is it certainly won't be open-source.  So decentralization would be at the top of my list insofar as potcoin functionality not provided by either of those two unlikely candidates.  That being said, it would be nice to see some sort of privacy-centric based features incorporated into potcoin.

Agreed.  Insofar as privacy centric features, perhaps some sort of built-in coin-mixing tech. that's optional and perhaps charges a slightly higher transaction fee for maintaining anonymity.  Seems as though if privacy-centric options where desired all that much a nominal charge for the service wouldn't be all that unreasonable.  Additionally I suspect it would be less likely to hurt the coins long-term viability at all.

Bear in mind I'm just spit-balling a few ideas here and honestly not all that familiar with the inner-workings of potcoin atm (kinda lazy, but as I acquire a few more coins I suspect I'll get more and more likely to romance the inner workings of this coin for my own benefit if nothing else)

I bought up to 15K when it was 600 feel good about Potcoin yeah