Cannabis Media Leader High Times Goes Back on Promise to Accept BTC

The global leader in “pot” news and culture refuses to accept BTC, changing its mind

Wed, 15/08/2018 - 8:45

Cannabis Media Leader High Times Goes Back on Promise to Accept BTC

Cover image via U.Today

Last week, High Times publicized its decision to support virtual coins, like BTC, ETH as part of its coming IPO where the startup plans to raise $50 mln.

Now, almost two weeks later, since the decision to accept crypto was announced, the company is going back on its word and called its announcement a mistake. High Times securities, reportedly, will only be sold for bank checks, credit cards or bank transfers.

When the company’s press release mentioned the refusal to accept BTC, nothing was said about Ethereum, however.

#Bitcoin

About the author

Yuri Molchan

Yuri is interested in technology and technical innovations. He has been writing about DLT and crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. He has written for multiple crypto media outlets. His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.