E-commerce stores saw a 50% increase in bitcoin-based purchases of cannabis and video games during the pandemic lockdown. Coronavirus has revealed people’s priorities, as general digital product sales take a fall. Bitcoin, stoners and gamers–the holy trinity of overlapping essentials amid this lockdown? Stoners and gamers have turned to Bitcoin during the coronavirus lockdown, as web-based sales of both ‘essentials’ increased during the pandemic. Revenue for video game and cannabis sales...
Read More »The Reason Why Dispensaries Need Cryptocurrency More than Ever
As the cannabis industry is now one of the fastest-growing ones in the U.S, cryptocurrencies that are exclusively made for dispensaries to transact business make their entrance into the market.The Cannabis industry boasts a predicted growth rate of 21% over the next three years and had a cumulative growth rate of 110% while providing over 250,000 direct jobs in the process and many affiliated jobs opened up as a result of this. The jobs provided are estimated to hit 330,000 in the next couple...
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