Cannabiscoin pegging 1 gram to 1 coin

[luckybit]

http://cointelegraph.com/news/112748/cannabiscoin-officially-redeemable-for-1-gram-starting-october-20-interview-with-founder

The possibilities...

This may have already been brought up.

Maybe it would be cool to have a cannabis asset on Bitshares we could trade pegged to the value of 1 gram? That would be brilliant really.

Where would price feeds come from? The value of 1 gram in the U.S. will be different than in Jamaca and every other country. Cool idea though. Similar to BitMac, tracking the value of a McDonalds BigMac.

That is the point. What is the real value of 1 gram of cannabis? We don't know because we haven't had a way to find out.

[luckybit]

Wow they managed to get all this publicity from claiming that they can back an inflationary proof of work coin with 1 gram of cannabis. What a joke.

Makes me think that we should create BitCannabis on BTSX - pegged to 1 gram of cannabis. That  would actually make sense.

We absolutely should create BitCannabis. Get Bytemaster to pay to do it.

[xeroc]

Prices for a BitMac also differ ... and in the end MacDonalds gives the price and can manipulate the market .. there is nor real "price finding" ..

however, .. we could peg square meters (or inches) .. of the moon :) .. just in case our rockets make a stop there ..

[drekrob]

this is as stupid as having a car-coin pegged to the exact worth of one car.

[Method-X]

http://cointelegraph.com/news/112748/cannabiscoin-officially-redeemable-for-1-gram-starting-october-20-interview-with-founder

The possibilities...

This may have already been brought up.

Maybe it would be cool to have a cannabis asset on Bitshares we could trade pegged to the value of 1 gram? That would be brilliant really.

Where would price feeds come from? The value of 1 gram in the U.S. will be different than in Jamaca and every other country. Cool idea though. Similar to BitMac, tracking the value of a McDonalds BigMac.

[oldman]

I would strongly advise all delegates not to support any assets related to controlled or illegal substances - and I will remove my vote from those that do.

The absolute last thing Bitshares needs is a big news story on bitMja/bitCcn/bitCrk etc.

[luckybit]

http://cointelegraph.com/news/112748/cannabiscoin-officially-redeemable-for-1-gram-starting-october-20-interview-with-founder

The possibilities...

This may have already been brought up.

Maybe it would be cool to have a cannabis asset on Bitshares we could trade pegged to the value of 1 gram? That would be brilliant really.

[xeroc]

Wow they managed to get all this publicity from claiming that they can back an inflationary proof of work coin with 1 gram of cannabis. What a joke.

Makes me think that we should create BitCannabis on BTSX - pegged to 1 gram of cannabis. That  would actually make sense.

Or a pegged asset for bitCannabiscoin so we can short it :)

[speedy]

Wow they managed to get all this publicity from claiming that they can back an inflationary proof of work coin with 1 gram of cannabis. What a joke.

Makes me think that we should create BitCannabis on BTSX - pegged to 1 gram of cannabis. That  would actually make sense.

[johncitizen]

http://cointelegraph.com/news/112748/cannabiscoin-officially-redeemable-for-1-gram-starting-october-20-interview-with-founder

The possibilities...

This may have already been brought up.

Wish them luck

[Ander]

And if you guys dont start supporting the BTSX price soon, they are gonna pass us in market cap. :P

[eagleeye]

http://cointelegraph.com/news/112748/cannabiscoin-officially-redeemable-for-1-gram-starting-october-20-interview-with-founder

The possibilities...

This may have already been brought up.