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| − | [[File:Screenshot-hotco.co 2017-03-05 23-30-12.png|thumbnail|right]]
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| − | == <small>'''Self-portrait'''</small> ==
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| − | ''For more than 99% of its known history, the Cannabis Sativa plant has been an integral component of civilization. Cannabis, referred to simply as hemp when used, could be found across the globe in countless industrial, medicinal, dietary & spiritual applications. Quite possibly the world’s first agricultural crop, villagers near modern-day Taiwan cultivated cannabis for use as hemp cord in pottery more than 10,000 years ago.
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| − | Contrary to today’s political attitude, the law through history quite often mandated cannabis cultivation. Dating back to early American history in the Jamestown colony, colonial settlers harvested hemp for rope, clothing and ship sails. During times of war, farmers were required by law to produce as much of the versatile plant as possible. In modern times, hemp suffers from a century-long smear campaign. Labeled as dangerous and prone to abuse, governments worldwide have limited man’s access to the plant in an effort to protect us from nature.''
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| − | ''As with most other irrational laws, follow the money to find the root of the injustice. With a quick search, you’ll discover that once again, the world’s most powerful industrial, media and banking elite conspired to criminalize hemp, as the invention of the decorticator posed a threat to their inferior fiber, paper and chemical concerns.
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| − | The naturally-occurring renewable resource in many ways lacked commercially-beneficial limitations, similar to JP Morgan’s infamous question to free energy proponent Tesla: “where do you put the meter?” As a result of racially-motivated vilification and competition-thwarting crony capitalism, hemp was renamed to marijuana, a Mexican slang term, and federal and state governments systematically declared hemp illegal in the first half of the twentieth century.''
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| − | == <small>'''Description'''</small> ==
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| − | CannabisCoin is a payment solution for marijuana dispensaries, retailers and merchants,
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| − | backed by states where marijuana is legal. CannabisCoin represents real medicinal
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| − | marijuana specifically designed and grown by CannabisCoin marijuana cultivators. These
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| − | specific marijuana strains are to be bought and sold exclusively with CannabisCoins. The
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| − | initiative was launched April 20, 2014 with a Scrypt hash algorithm. About 21.8 million
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| − | CannabisCoins were mined until the developers decided to change the scrypt hash for a
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| − | X11 hash algorithm with KGW. A first block was created and implemented by default in X11
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| − | in order to run a script re-buying coins first mined in Scrypt with the new algorithm.
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| − | == <small>'''Links'''</small> ==
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| − | '''URL:''' http://cannabiscoins.com/
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| − | '''Wayback Machine:''' https://web.archive.org/web/20160809221135/http://cannabiscoins.com/
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| − | [[Category:Projects]]
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| − | [[Category:Economics]]
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| − | [[Category:English]]
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| − | [[Category:USA]]
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| − | [[Category:Community currency]]
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| − | [[Category:2014]]
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