Introduction
We have written this article to help our readers understand Bitcoin, as it is likely that if you are buying Medical Cannabis / RSO online, you might be asked to pay in Bitcoins.
The reason Bitcoin is typically used, as it’s an anonymous way of transferring money, which protects you and the person/company selling the Medical Cannabis, particularly if you/they are based in a country where Medical Cannabis is not legal.
Again, before you consider making a purchase online, we really do suggest you do your homework to avoid being scammed or receiving a product that is not fit for purpose.
You can read an in-depth article about cannabis oil scammers here.
How to begin? First, ask lots of questions about the Medical Cannabis you are buying.
- How is the oil produced?
- What solvents have been used?
- Where is the oil produced?
- Do they have lab results to show the content makeup of the oil? (CBD / THC %)
- Are they able to provide dosing information?
- Ask them questions about your illness
You need to feel confident that their responses are adequate and informative and don’t leave you asking more questions. If they rush you to make a purchase, simply avoid. You are making an expensive purchase and the oil needs to be of good quality to help treat the underlying condition or illness.
If you feel that the responses to your questions are not adequate, or maybe cut n paste from google, or they don’t reply in a timely manner, this should raise your concerns and you should seek another provider.
What is Bitcoin and How Does it Work?
Bitcoin is a digital currency which operates free of any central control or the oversight of banks or governments. Instead, it relies on peer-to-peer software and cryptography. A public ledger records all bitcoin transactions and copies are held on servers around the world.
Bitcoin, often described as a cryptocurrency, a virtual currency, or a digital currency – is a type of money that is completely virtual. It’s like an online version of cash. … Each Bitcoin is basically a computer file which is stored in a ‘digital wallet’ app on a smartphone or computer.
In simple terms – Once you have created an account, you can then purchase Bitcoin, which will be in your ‘wallet’ from your wallet you can transfer the Bitcoin to another person’s ‘wallet’.
Coinbase
There are many companies you can buy or sell Bitcoin from and again do your homework. We would suggest checking Coinbase, as a starting point. They are a well establishing company and have over 30M users. They also have excellent step by step tutorials to introduce you to creating an account / buying bitcoin and transferring bitcoins.
Here is a video from Coinbase, which provides a useful introduction.
Other Links:
https://www.coinbase.com/learn/crypto-basics/what-is-bitcoin
https://www.coinbase.com/learn/tips-and-tutorials/how-to-set-up-a-crypto-walle
Help and Advice
If you need advice or help with Medical Cannabis, please use the contact form.
We try to answer all emails within 24 hours and are happy to help and provide advice on all aspects of Medical Cannabis treatments in complete confidence.
Disclaimer: Please note that whilst we consider ourselves subject matter experts regarding Medical Cannabis, we are not medically trained professionals. We are an information resource and there is still limited evidence that Medical Cannabis can cure all the illnesses we discuss here. We recommend you do as much research as possible, and where practical seek professional medical advice before proceeding with Medical Cannabis oil. In short, always do your homework.