HempCoin Released Its Whitepaper ($THC)

in cryptocurrency •  7 years ago  (edited)

READ IT HERE.

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The way something starts, doesn't always indicate how it will end.

Consider for example, Soichiro Honda.
Did you know that he was denied a job working for Toyota??
Undeterred, he started making scooters in his garage.
And you, or someone you know,
has certainly owned one of his namesake vehicles.

Consider also Albert Einstein, who was a late bloomer.
He didn't start speaking until he was 4.
He didn't read until he was 7.
He went on to spend seven years working far below
his potential as a patent examiner.
He was, basically, a "temp employee"... not even valued enough
for a greater position. And that was fine, because he used those years
to draft the theory of relativity.


What does Honda and Einstein have to do with HempCoin?

Like Einstein, HempCoin is a late bloomer.
Having launched in 2014, it is not a new crypto-kid.
But it stayed at nascent pricing all of its life,
and near the end of 2017 it came alive.

Since that time, HempCoin has had a few missteps, including:

🚧 Announcing, and missing, a hard fork date.
(The hard fork is expected February 23rd.
'Second quarter' is stated in the whitepaper, to safeguard against
another missed deadline, and to allow for circumstances that are beyond
the control of HempCoin, like Bittrex's synchronization process.)

🚧 Announcing, and not yet delivering, a new website.
(It really is coming soon.)

🚧 Announcing, and changing, the cost of a THC Masternode.
(The final collateral stake is 20K coins. The final block reward is 25.)


Investors and speculators, understandably, have had their faith shaken.

And even when not warranted, the crypto-space tends to cry out "Scam!"
and "Shitcoin!" faster than my orphaned kitty cries for his Kitten Dust formula.

I'm also sitting in a position of 'loss' (for now),
but I dug deeper and became an ambassador. Why??

Because HempCoin is RESPONSIVE + SELF-CORRECTING. Exciting highlights include:

🌿 HempCoin's public interface needed improvement. There was no identifiable face or voice, and one was needed. So they corrected that with a new Community Manager, and also a new Ambassador Program. HempCoin's official social media channels include: Twitter, Discord, Reddit, Telegram, and Facebook. This shows their desire to be accessible, transparent and engaging.

🌿 Transactional privacy remains a problem for crypto. And also there was room for HempCoin to grow its usability and visibility. They are addressing these challenges with HempPAY's new, pioneering payment solutions. Mass adoption is the goal, of course.

🌿 A brand new market has been added. In addition to hemp, agriculture, and cannabis, HempCoin will now also target tobacco! This smart move grants $THC access to all 50 U.S. states, as well as most countries. #strategy

🌿 HempCoin is listed on Bittrex, which isn't accepting new Bittrex account registrations until after the fork. People need greater access, so listings on additional exchanges are being pursued.

Just as Soichiro Honda did, HempCoin is working hard to deliver a highly innovative, globally recognized currency that I believe will be well worth the minor delays.


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If you live in a place where cannabis is not legal, would you still want to own hempcoin?

@stillwatersart: What a GREAT question! And my answer is 100% yes, because:

  • investing in hemp alone is wise, as it is already disrupting destructive industries like petro, concrete, cotton, tree-based paper, nasty plastics, etc.

  • investing in agriculture alone is wise, as it is a commodity we will always be in need of, there is not a strong Ag presence in the cryptospace, and its practices can be upleveled via the blockchain's transparency (eg exposed use of pesticides)

  • and more because the reason it forked was to become more USEFUL in the global marketplace, across many industries... not just cannabis.

Thank you so much for asking that! :-)

Thanks for this. I have been following this coin for a while and I have been disappointed. I just hope this time around there won't be any hiccups or missteps. I love my green. Great info. Thanks again.

I've wanted to to get some #TCH coin for a while now, except that as you mention, Bittrex isn't accessible to new users. I've been keeping an eye on this regularly and I hope that I can be in on it through another exchange soon. Great idea here and I'm wishing you all the best with it. Very intriguing that you're targeting tobacco too. Thanks.

@thecryptogold: Hempcoin is actively working on additional listings. It's a high priority.

Thanks for responding. Glad to hear it. I've been paying attention almost daily. I'm hoping I can catch it before the price goes to the moon. :)

Super excited for hemp coin! I hope we find out more about their Ambassador program.

Awesome! I'm glad you're feelin it too, @nukelukeem :-)

Did you REGISTER for the Ambassador Program?

Yeah I put my name in the hat!

Sure has a lot of potentional!

It does, @memedealer! Very under-valued.

interesting. success always brother

Thank you, @mif24!

Can you mine Hempcoin?

Wow, hey , thanks Erika. Im not sure why I havent been able to find that info before. THC is what got me into cryptos besides BTC. For some reason, I thought that it was all Proof-of-Stake at this point. I might have to give it a go.

Hmm, Im not sure about that pool. It says that they dont actually pay out in Hempcoin.

Sorry about that, @chadmichaellibby. Can you see if this tutorial helps

Please use mining-dutch.nl

https://www.reddit.com/r/thehempcoin/comments/7he20g/hempcoin_pool_start_your_mining_now/dqze7ur/

ill be lookin into this one for sure

One more time Fork never happen

Bro i cant even download the wallet from the http link. Pretty ordinary. And they want money.