Post
Topic
Board Economics
Re: Bitcoin vs Agriculture
by
doomistake
on 03/05/2021, 07:25:54 UTC
Bitcoin is a peer to peer electronics cash system while Agriculture is the production of crops and rearing of animals for man's use. I am a farm who is into subsistence and plantation farming in my country, but i find it difficult to use bitcoin to improve my farm the way others business men use bitcoin to improve their investment.how can i use bitcoin to improve my plantation farm? Does it mean farmers cannot use bitcoin to improve their peasant or plantation farm?
Kindly share your idea to help someone.

Your title is misleading, I guess it should be Bitcoin's use in Agriculture industry.  You should remove the word "vs" since it sounds like you're pitting a completely two different things - which looks absurd to me.

To answer your question, you should first have enough knowledge about bitcoin and how it works. It won't be an overnight process, but it would be worth it if you'll dive deep into understanding its nature. After gathering enough knowledge and information about btc, you can share it to your farmers and business partners. Educate them about it and slowly, invest on bitcoin. Set up a limit depending on your risk appetite. Maybe after that, you can also consider accepting bitcoin as payment in exchange for your raw goods.