Post
Topic
Board Economics
Re: Food security might not be a priority for younger generations. (2)
by
Zoomic
on 17/03/2024, 08:00:47 UTC
*Reposting this topic from my post in other forum.

There is a huge possibility of younger or new generations adopting cryptocurrency investments compared to them getting interests on farming and food related sectors. What do you think? Does it have a good or bad effects on our economy?

Cryptocurrency investment has greatly improved and been adopted in recent years, but I do not believe that all future generations will be so focused on cryptocurrency that they ignore the food sector, which is essential for the world's survival. Many people's attention may have shifted to cryptocurrency, and the few that remain will always benefit from investing in agriculture. If agricultural products become scarce, the implication is that they will be extremely expensive to purchase, and this will be reflected back to those venturing into cryptocurrency while ignoring agriculture to buy with more money. For me, it's a 50/50 split.

Take note that not everyone has the capability to learn about crypto, some people are better when it comes to skilled work compared to office or digital type of business or income, so I can't say if all young people will choose to focus on crypto compared to other work like farming. Here in our country, it's almost the same or balance, because there are a few whose families are rich but prefer to stay in the province to handle their lands or farms but some of them also have knowledge when it comes to crypto and for sure they have an investment too. Mostly businessmen are smart, practical, wise and they really diversify their wealth because they don't just want to stick to a single source of income.

I do not know what country you are from but in my country,  majority of the youth are not Interested in agriculture.  They would rather go for Cryptocurrency investments or other white collar jobs. There is obviously no balance between food production and other sectors of the economy and I think OP is actually right about the fact that food security might not be a priority for the younger generations.

We are fast entering into the era of food Scarcity and the obvious reason is that the agricultural sector has been neglected for other sectors they think is quite profitable.  This should be a major cause for concern, if there is no balance between other sectors of the economy and the agricultural sector,  people will have to pay a fortune to get food and other agricultural products which includes raw materials for other forms of production.

Obviously not everyone will go into crypto,  the younger generation are in every other sectors with just few young people investing in food production.