I've read a few articles explaining that a food crisis is coming, I want to tell you something about it. There will be no food crisis for me.
Price of pasta, price of cooking oil, rice or meat will increase 20%? 30%?
That's all right. I don't care much. I can handle it, just like most people in developed countries. We don't spend much on food, increasing that budget by a third is perfectly fine.
The problem will be with the poor countries, but I wonder: is it a problem, or a solution?
There were 100 millions people living in Africa in 1900. Now, there are over 1,500 millions people there. I know that some people live a in a fantasy world thinking that there will be food, jobs, modern housing and all creature comforts for every human, but that won't happen. We live in a finite world, and the population just cannot grow without limit. Number one rule of the world has always been the survival of the fittest...
Definitely, it's a problem for most of us. And it's a lot harder because not only the food prices have been increasing, even for gas or petrol its price moves up too fast. Most of our basic necessities are no longer cheap anymore so it does not only affect the poor ones, but even the higher class in the society. It might be a lot better if also the minimum wage salary has increased, but i don't see its happening now. We are facing a lot of crisis right now, and i don't think this high inflation will be gone in just a year or two, or it could be staying for good maybe.
Unfortunately we are living through a period in which several crisis are happening at the same time, we had the pandemic, a war, high inflation and now it seems we have a shortage of food as well, the economy is not really designed to withstand so many crises at the same time, and it does not seem as if the governments will ever get this under control, so it is necessary that we find ways to protect ourselves at least from some of the effects those crises can bring, and while bitcoin will be useful, it seems we will need even more than bitcoin to overcome all the problems we will face in the future.