Buying Weed Online with Bitcoin

Marijuana growers, sellers, and buyers value their privacy, using Bitcoin guarantees only you and your seller know your business. Dedicated to quality service, convenience, and the best bang for your buck, Gourmet Grass Canada has added Bitcoin to its online cannabis platform. Buying weed online has become the option of choice for many and now with Bitcoin, it has become even better and saves you money!

What is Bitcoin Cryptocurrency?

Bitcoin is digital money that was introduced in 2008. It is money just like dollars, with the difference being it’s not owned or regulated by the government, person, or organization. As a peer-to-peer system (P2P), Bitcoin was designed for online payments/transactions that do not require a trusted central authority. It’s just like sending an email, there is no middle-man, like the regular postal service. 

By 2017 Bitcoin (BTC) really started becoming popular and has continued to grow dramatically ever since. Today Bitcoin is so popular it seems like a financial revolution, as people around the world no longer have to rely on banks, or corporations to control their money. Bitcoin has become the payment method of choice to ensure financial privacy and freedom.

Here are the salient points you need to know about Bitcoin:

No central institution controls the Bitcoin network. You can buy bitcoin with your credit card, but unlike other card payments, Bitcoin transactions are untraceable. 

There are currently 18,670,418.75 bitcoins in existence. This number changes about every 10 minutes when new blocks are mined. Right now, each new block adds 6.25 bitcoins into circulation. The smallest unit of a Bitcoin is called a Satoshi and is one hundred millionth of a Bitcoin (0.00000001).

Sending Bitcoin is approximately 60 times more cost-effective! For example, sending an international bank transfer costs $45.00 compared to Bitcoin which costs $0.75. As well, Bitcoin is about 50 times faster, international bank transfers take one to two days, and about an hour for Bitcoin.

Portability – Because your cryptocurrency holdings aren’t locked to a financial institution, they are available to you no matter where you are on the planet without the need for financial system intermediaries.

Access availability, as long as you have a smartphone or another internet-connected device, you can use crypto-currency.

What you need for Bitcoin

Getting your crypto wallet up and running is fast and easy. It takes about 15 minutes to set up an account for an online wallet. Once you have those, the actual purchase with Bitcoin takes a couple of minutes.

Coinbase is an access provider of choice with 55+ million users, 7,000 institutions, and over 113,000 partners.  Coinbase is trusted and easy to set up to begin to securely spend, save, earn, and use crypto. Pay anyone in the world using Bitcoin with only their Coinbase Wallet username.

Bitcoin wallet app on your smartphone 

Coinbase makes it even easy with QR codes that make paying with the bitcoin wallet app on your smartphone (Android or iOS) super easy. To use this feature simply scan the QR code and it will pre-fill the recipient’s bitcoin address and the requested payment amount. Once you click send on the transaction, the payment is complete.

For transactions not using QR codes all you need is the address and amount, simply enter them into the “send” form of your wallet and submit.

We at Gourmet Grass Canada are always seeking ways to make your online cannabis purchases easier, and we pass the saving earned through using cryptocurrency on to you by offering 10% off orders paid with Bitcoin!

You will find the option for paying with Bitcoin on the Checkout page of the shopping cart. If you have any questions regarding this process our super-kind Budtenders and staff will be happy to help.

 Gourmet Grass Canada – Staff