Post
Topic
Board Economics
Re: Bitcoin vs Agriculture
by
Febo
on 02/05/2021, 23:29:24 UTC
Does it mean farmers cannot use bitcoin to improve their peasant or plantation farm?

You can use it as mean of exchange. To by and sell farm products. Problem is that Bitcoin have high fees and solution for Bitcoin high fees is not that helpful. Hopefully eventually second layer solutions will be widely used and you will be able to use it in your farming life.  Right now Bitcoin for you can be only as a speculation. You can speculate with its value. It worked very well for many so far. Question is for how long.