Bitcoin Saves Colorado Hemp Farmers Tons Of Financial Trouble
Despite this positive note, there is still a huge lack of understanding where Bitcoin is concerned. The correlation between Bitcoin and the hemp industry has been mentioned a fair few times in the past. But things are evolving in a very different direction compared to what people assumed at first. Various hemp farmers located in Colorado are suffering from issues with their banking partners. Bitcoin is offering them a way to continue their operations at a fraction of the costs. Growing and selling hemp is not illegal in Colorado. This creates new and exciting business opportunities for....
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A pair of hemp entrepreneurs recently launched a bitcoin education resource called 1620 Solutions to educate farmers about bitcoin’s advantages as a payment tool, according to Motherboard. Colorado entrepreneur Veronica Caprio got into the hemp business to avoid legal problems associated with marijuana. Hemp is not as strictly regulated as marijuana in the state. Nonetheless, PayPal eventually informed Caprio they were shutting her account and freezing her funds for six months. Banks And Card Companies No Help. Caprio had previously learned that banks and credit card companies want nothing....
1620 Solutions, an initiative by Veronica Carpio and Edgar Hemm in Colorado educates hemp and Cannabis farmers about Bitcoin and its advantages. Marijuana and other Cannabis based products may be legal in some states in the United States, but doing a Cannabis related business is not an easy task for many people. Even though the US Justice Department has clearly mentioned that it has no issues with financial institutions serving those involved in the newly legalized industry sector, the banks and payments platforms prefer to have it their own way. With many Cannabis producers having their....
Across the United States, cannabis operations are now becoming common. However, cannabis business owners from fully-legalized states such as Washington and Colorado are having a hard time cashing in on their frowned-upon weed businesses. According to Motherboard, one Colorado hemp farmer is turning to bitcoin and teaching others how to leverage the....
The backbone of our nation, farmers stand to benefit the most from sovereign money that cannot be diluted or degraded.
Bitcoin startup Bitmari is leading efforts at introducing a Zimbabwe Women Farmers Accelerator program that is aimed at opening the doors of bitcoin to farmers as an alternative to cash, reports TechZim, a Zimbabwe technology news site. The bitcoin-based money remittance service for the African market based in Zimbabwe has recently been laying the foundations to extend its financial services to a small group of rural female farmers through an accelerator program. The Zimbabwe Women Farmers Accelerator has been set up that will work with ten women farmers from ten provinces. Its aim is to....