Post
Topic
Board Economics
Re: Bitcoin vs Agriculture
by
sapnu
on 04/05/2021, 16:50:30 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.
I don't think it would be advisable for farmers fo correlate the use of bitcoin in selling their crops. There is a huge difference between huge business or industry to agriculture. It may seem that the agriculture sector provides most of the needs of people but most of the time, they get paid unfairly as those who exports the fruits and vegetables makes a lot of money as they increase the price for each compared to the price they bought it. Bitcoin promotes modernization but there will be parts of culture it wouldn't be able to cover including agriculture.