Post
Topic
Board Economics
Re: Bitcoin vs Agriculture
by
mersal
on 08/05/2021, 15:35:49 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.
Bitcoin is just a currency so if you know how to develop your farming and increase the productivity rate when you have capital then bitcoin can help you with that, simply it can be converted into fiat so you can spend it on necessary requirements to grow your farming rate.

You can also accept bitcoin as a payment mode while you are selling your products to the companies or customers if both are interested in peer to peer transactions.