This WCN episode from November 9, 2014, provides a comprehensive update on the Potcoin community, crypto market events, and cannabis legalization efforts.
Summary:
The episode addresses significant negativity within the Potcoin community, stemming from the dump of Cannabis Coin, concerns over the high cost of the Andy Milanakis campaign, and skepticism regarding the 1% charity mining fee (which the host calls a "tax"). While acknowledging the amateur look of the current roadmap, the host urges the community to maintain perspective, emphasizing that the success of the coin rests with the community, not the developers.
On a legal front, the week saw three major victories for recreational cannabis legalization (Alaska, Oregon, and Washington DC), though Florida's attempt was thwarted by constitutional requirements. In the crypto space, a major mining operation in Thailand burned down, causing a significant drop in Bitcoin's net hash rate. Furthermore, the FBI shut down the dark web market Silk Road 2.0.
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