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by joezydeco 4149 days ago
Dealers need to transact with other legal vendors to their businesses. Landlords, utilities, horticultural supplies, etc etc.

Don't think it's really about gambling the profits as much as making sure there is a profit after everyone else is paid.

1 comments

Sure, but all those businesses will have to deal with large amounts of incoming cash, so they too will have an incentive to take bitcoin. The secondary businesses wouldn't even need to keep any bitcoin as they could use something like BitPay or Coinbase to immediately convert bitcoins to dollars.

But for the primary growers/dealers, having a way of storing their profits without the risk of robbery would be a huge benefit (and probably lower storage costs substantially)