Cannabis was legalized in Washington State by voters yet banks mostly dont allow buying of ganja with credit cards so most shops are cash only.
Company POSaBIT is a Bitcoin payment processor saw and saw a market there.
So you would think, okay cool - person has to get BTC, then pay with them. Prolly most will choose cash as this is easier.
Not in this case!
What POSaBIT does is actually more complex and more AMAZING than you think!
Person is charged to buy cannabis, swipes their credit card, then buys BTC and the BTC is sold for the cannabis. This way people can use BTC without even knowing about this.
People can also buy BTCs in any place accepting POSaBIT and spend them elsewhere.
