Bitcoins Can Now Be Used to Buy Marijuana in Washington

POSaBIT has made it possible for marijuana users in Washington State to have another option for payment. Using bitcoins protects a person’s anonymity when it comes to banking and discreet purchases. Bitcoins are a form of virtual currency often used for online video games and overseas commodities trading purposes.

Some stores, however, allow debit cards to be run at the register, according to Eastern Daily. Given that dispensaries and recreational marijuana shops have few options for banking, POSaBIT has created a way to reduce the amount of cash these businesses have on hand. Once bitcoin currency is purchased, you can immediately make your legal marijuana purchase.

You use a debit or credit card to purchase bitcoins.

Bitcoin purchases are accepted at:

• Uncle Ike Herb House
• A Greener Today
• Queen Anne

More marijuana businesses are expected to start accepting POSaBIT payments in the near future. POSaBIT doesn’t have to be used at just marijuana retailers. It can be used to purchase items anywhere that bitcoin payments are accepted.