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Buy Weed with Bitcoin – How easy is it?
Due to the fact that most of the weed transactions are being rejected by all of the banks, companies are now likely to get involved in the use of virtual currency or the bitcoin. Well, it gives both the business owners and buyers an easy and more convenient way to transact and transmit money without the worry of any interruption. Plus, it gives them the perspective of security during the process or even after it.
Since there is a big issue upon the legal procurement for the reason that federal law hinders the companies to have a bank account, bitcoin marijuana became the best answer for the legal acquisition of the weed because it does not require you to have any bank account. So, when you buy weed with bitcoin, you will have a comfortable and secure online payment method.
But, you may also ask, what makes it the best option in buying marijuana? Or how easy is the bitcoin marijuana transaction? So here, you will learn the answer to that questions and guess it will make you more interested to use bitcoin marijuana.
- The basics. You will be able to get started even without understanding the whole technical details for you will only be needing the basic skills as a new user. In generating your first address or even more as you needed to, the first thing to do is to install a bitcoin wallet to your smart phone or computer. You may disclose your address in order for you to make the payment or vice versa. In doing a bitcoin marijuana transaction, it gives you similar means on how usual emails works but with an exemption that your bitcoin address will be used for one time only.
- The block chain. Where the entire Bbitcoin relies, shared public ledger is all about the block chain. Here, all your confirmed bitcoin marijuana transactions will be included. Through this, your balances can be calculated and the newer transactions can be easily verified by the bitcoin wallet. And there is the presence of cryptography where the chronological order and the integrity of the block chain are being enforced. Meaning to say, you have better records if you are going to buy weed with bitcoin.
- Private keys. Another, block chain will include the transfer of the value between the bitcoin wallets called transaction. Here, private key is being kept by the bitcoin wallets and is the secret data piece that is used to provide mathematical proof and sign transactions coming from the owner’s wallet. Also, the signature feature will help you prevent any issue on your bitcoin marijuana transactions. Plus, all your bitcoin marijuana transactions are being broadcasted between the users.
- Mining . When you buy weed with bitcoin, a distributed consensus system called mining is being used in order to confirm your transactions. Through the enforcement of block chain’s chronological order and protection of the network’s neutrality and prevention of easy adding of newer blocks to the block chains, no one can have the control of the included block chain or even replace any of the block chain’s parts. With this, you will feel secure about your funds and transactions when you buy weed with bitcoin.