• Activity
  • Votes
  • Comments
  • New
  • All activity
  • Showing only topics with the tag "retail". Back to normal view
    1. I just visited a retail marijuana store that uses Litecoin to accept debit cards

      After all this time watching cryptocurrency from a distance, I have finally seen a real world use case. Marijuana is legal in this US state, however national banks are not allowed to service the...

      After all this time watching cryptocurrency from a distance, I have finally seen a real world use case.

      Marijuana is legal in this US state, however national banks are not allowed to service the marijuana industry due to federal law. Therefore all card processing is not available to the retail outlets. It’s only cash transactions at the retail level.

      Until today. Today I was asked if I wanted to pay with a debit card. When I asked how, he said they used litecoin. So I imagine that the card is being run by a company which then converts it to litecoin to pay the merchant. Anyone have any clue on what that might cost the merchant as far as percentage?

      I thought I would share this because after hearing all hype rollercoaster regarding cryptocurrency, I have finally seen a somewhat legitimate use of it in the real world.

      Do you see any other use cases of crypto out in the wild these days?

      13 votes
    2. Looking to cancel Amazon Prime for ethical reasons (and quality decline) - what are my alternatives for online shopping?

      For the past few years, I've grown more and more uneasy with Amazon's business practices. I think it's time to move on. Not to mention the declining quality in products since international...

      For the past few years, I've grown more and more uneasy with Amazon's business practices. I think it's time to move on. Not to mention the declining quality in products since international shippers were added (as discussed in the podcast Reply All).

      I'm addicted to the convenience of 2 day shipping, even though we use Amazon less and less, I like knowing I have that option.

      I've been considering a Costco membership instead - how does their online shopping and shipping times/prices compare?

      I've also considered using Jet more but I don't know much about their ethics, does anyone?

      Open to other alternatives and discussion about business ethics here.

      33 votes