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Monday, 03/02/2015 9:46:53 PM

Monday, March 02, 2015 9:46:53 PM

Post# of 165
Ok as promised..here is what i know and you will see it will be confirmed shortly...i only posted it here...let the flippers squirm.


Look for announcements on major BITCOIN ATM installation campaign and BitMD contracts in COLORADO along with OREGON/WASHINGTON markets as well.

Several dispensaries came directly Bitcoin Brands, INC...(CEHC)because there are banking problems and issues due to state/fed laws and just the whole concept of a currency transaction for cannabis. The company believes and many of these dispensaries/retailers that BITCOIN makes the perfect banking solution partner for all transactions. Please read the dd below...You will see I'm right in the days ahead....We have a major winner here folks...lock up all your shares for much higher prices as we are in the infancy of all this.

http://www.bitmd.co
http://www.bitcoinbrandsinc.com


http://www.mjinews.com/tag/bitmd/ (*read this and google the banking and MJ problem)

Quote:As marijuana businesses in Colorado and Washington found themselves suddenly without working ATMs last week, it became painfully clear, yet again, that the industry has to find a way out of the banking dilemma created by the conflict between state and federal laws regarding marijuana’s legal status.


THE BITCOIN BANKING ALTERNATIVE


Some in the marijuana industry hope that offering dispensary customers the option of paying with bitcoin will make transactions easier, but at least one major bitcoin processor has reportedly been reluctant to handle such transactions. Specialized services are stepping in to fill the gap.

PotCoin, a decentralized crypto currency similar to bitcoin, entered the marketplace in January, hoping to become a standardized form of payment for the cannabis industry. It lists 38 merchants on its site as accepting the digital currency. Merchants can accept PotCoin for in-person sales or online through an e-commerce site integrated with its system.

(*BITCOIN is alot better than PotCoin cause it can only be used for pot and has no affiliation with any cryptocurrency exchanges like OUR BITCOIN....Many dispernsaries and retailers have gone directly to Peter the CEO who want BITCOIN ATMS and Bitmd instead cause its a better system for all types of transactions and has value outside pot unlike potcoin.) www.potcoin.com/about/what-is-potcoin/


BitMD, a service created by Bitcoin Brands, offers ATMs and point-of-sale terminals to medical providers who want to accept bitcoin for transactions. "We offer a payment solution we've tailored for medical payments specifically targeting high-risk clients that can't get merchant accounts -- one of them being the medical marijuana and recreational cannabis space," says Peter Klamka, CEO of BitCoin Brands. "The product exists and has been offered. I haven't sold a single one yet, but I expect to, soon."

BitMD charges $200 to set up merchants to accept bitcoin through their own websites. The company also offers point-of-sale terminals. Customers who want to pay that way hold up their smartphone to an iPad, terminal or laptop on which the system is running. "The wallet is on your phone," explains Klamka.

The cost of accepting bitcoin may be lower than other payment solutions. "There are no ongoing transaction fees," says Klamka. Merchants will, however, probably still want to use a bitcoin processor that can immediately convert the virtual currency to U.S. dollars, and may pay transaction fees to the processor. Those fees are lower than traditional credit card transaction fees, though.




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