• Ted here...thanks for visiting. Want to join us? We are a very open community and you don't have to worry about other people judging you here.

Hello And Thank You For Building This Community

PearlPlum

Meh
Registered
Hello everyone, I am happy to have found this community and hope to contribute where I can.

I am located in Toronto, Ontario, Canada and on ES time so I am likely 2-3 hours ahead of most of the people on the board.

I have been in payments, banking and security since 1999 and have been following the cannabis industry's cash problem for the last few years. Recently, I developed a solution to help banks overcome their fear of the industry by de-risking cash payments and making the risk level acceptable to the bank community. The bank's aversion is not to cannabis itself but rather the risk associated with cash intensive businesses.

I am always available to answer questions and will try to contribute some posts once I have look around.

Have a great evening everyone!

Steve
 
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Reactions: Ted

Ted

Old Member
Admin
Welcome to the community, Steve! It's good to have a background like yours here. Banking is probably one of the biggest if not the biggest issue the industry faces. I really thought cryptocurrency would have taken hold and helped the industry out by now but it seems to be slow going. The next few years will be critical for this area and I have a feeling you will have plenty of questions from the community along the way. Thanks for the support and joining us as we build TMF!
 

Lymmie

Casual
Staff member
Admin
Global Moderator
Verified
Registered
Welcome to the community, Steve! It's good to have a background like yours here. Banking is probably one of the biggest if not the biggest issue the industry faces. I really thought cryptocurrency would have taken hold and helped the industry out by now but it seems to be slow going. The next few years will be critical for this area and I have a feeling you will have plenty of questions from the community along the way. Thanks for the support and joining us as we build TMF!
Welcome to the community Steve. Im excited for your countrys legalization next july! Congratulations. Hopefully it helps some of the struggling provinces and territories with new revenue and jobs.

Ted one reason i personally havent used cryptocurrency is i dont know enough about it and it confused me badly back when it was new. Do you havce to buy 1 bitcoin before you can break it into chunks or can you turn 20 bucks into 0.05 of a bitcoin or something like that? Attitude seedbank and im sure others accept bit coin though.
 
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