Topic: agriculture and bitcoin (Read 838 times)
Agriculture is not usually associated with bitcoin there are many differences between the two agricultural products are a risky investment. Everything from the weather to the political upheaval can affect how the product performs In either your investment should be on a regular basis, with due diligence and product value monitoring. But you can make a big profit by investing in bitcoin. I think it is better to keep bitcoin from agriculture for a long time there will be no need for cultivation here.
I think the Op is asking question based on if there are crypto tokens specific for agriculture but I know that is not relating to bitcoin. If Op is talking about bitcoin itself, no. Bitcoin can not help your country or agriculture except you invest in it and wait for profit where you can cash out and take your money to invest in agriculture like buying land for cultivation, seeds and what else relating to agriculture. In the past some projects related to agriculture through ICO but ICO didn't survive.
Hello all.
Please teach me how could I use a crypto for developing agriculture in my country?
Cheers.
You will have to be way more specific about what you are expecting out of cryptocurrencies, personally with the exception of saving money, buying in bitcoin, waiting for bitcoin to go up in value and then sell it and use that money to improve the way you manage your crops I do not see how cryptocurrencies can be used for something like that, we must remember that even if bitcoin is a great invention it is not a solution to all the problems of the world. Please teach me how could I use a crypto for developing agriculture in my country?
Cheers.
I don't think bitcoin can help develop "agriculture", but what you can do is maybe allow people to pay you in crypto currencies? It will be easier for you to accept bitcoin and keep track of all transaction that takes place. Or you can invest a portion of your profit into bitcoins. Hold them long term. Make profit from the price appreciation and use that profit to improve your farm and repeat the process.
You are right, cryptocurrency can’t do anything in agriculture except that he wants to use it as a way of transaction, if not that then there is really no way that it would have anything to do with it at all. I have seen several Blockchain agricultural platforms, Blockchain is what seems like it would fit in and not cryptocurrency itself. Though the Blockchain based agricultural platforms I have seen so far are not really huge as you would expect. He can look into all those agricultural platforms that uses Blockchain and see whether there is any idea he would get and work with it.
When I first read the title thread I felt that OP are asking us suggestions on how to correlate agriculture and bitcoin which of course I hardly think how would that happen? So far, cryptocurrency today used as a payment transaction and investments and I guess when we are going to relate it in agriculture, cryptocurrency will be use as a way to improve agricultural sector, transaction payment and investment. Having an agricultural association that would handle the asset of the organizations either it is cryptocurrencies is a great help.
There is no direct correlation between agriculture an bitcoin. You can use crypto in general to make transactions and improve the underlying economy if you are in a country in which the local authorities levy too much tax or if the currency is continuously being devaluated due to irresponsible economic policies. You can profit from bitcoin revaluation, if that happens if you can save earnings in bitcoin making the business more profitable.
You are right, cryptocurrency can’t do anything in agriculture except that he wants to use it as a way of transaction, if not that then there is really no way that it would have anything to do with it at all. I have seen several Blockchain agricultural platforms, Blockchain is what seems like it would fit in and not cryptocurrency itself. Though the Blockchain based agricultural platforms I have seen so far are not really huge as you would expect. He can look into all those agricultural platforms that uses Blockchain and see whether there is any idea he would get and work with it. 
Is there something that you already have in your mind? Maybe if there is something that you already have in mind it would be good that you talked about it and we can all try to suggest ways that you can implement cryptocurrency into it.
For now since you have not really talked about something that you would like to d if I am to suggest, I believe that there are so many ways that crypto can be helpful in agriculture – if it’s possible you can create a platform that would let people invest in your agricultural farm and get tokens that they would make profit from? They can decide to hold it for as long as they want and sell anytime they want to sell. You create a platform for that. Or you can as well create a crypto or Blockchain platform that traces agricultural produces from production stage to wholesale and retailers and consumers. You can do research to look more ideas.
For now since you have not really talked about something that you would like to d if I am to suggest, I believe that there are so many ways that crypto can be helpful in agriculture – if it’s possible you can create a platform that would let people invest in your agricultural farm and get tokens that they would make profit from? They can decide to hold it for as long as they want and sell anytime they want to sell. You create a platform for that. Or you can as well create a crypto or Blockchain platform that traces agricultural produces from production stage to wholesale and retailers and consumers. You can do research to look more ideas.
There is no direct correlation between agriculture an bitcoin. You can use crypto in general to make transactions and improve the underlying economy if you are in a country in which the local authorities levy too much tax or if the currency is continuously being devaluated due to irresponsible economic policies. You can profit from bitcoin revaluation, if that happens if you can save earnings in bitcoin making the business more profitable.
Bitcoin is a decentralized currency any country can use to improve their agriculture and other things in their country. If bitcoin is well legalized in your country, i think it will be very easy for you to improve your farm products with bitcoin.
You can learn more about bitcoin from this forum and other internet that will help you to make huge amount of money you can use to expand your farm.
You can learn more about bitcoin from this forum and other internet that will help you to make huge amount of money you can use to expand your farm.
Your suggestion is very vague. How can bitcoin improve farm products? And by the way, it is not easy to make huge amount of money from crypto. There are a lot of things to be learned before one can get some profits in crypto. This is where a lot of newcomers are having misconception about crypto market.
Wonder what happened to the OP's plans? After Dec 2020, he has not visited since.
when we do not have the skills and knowledge and then are desperate to invest without having these two things then we will just lose money,
crypto is very risky and prepare everything before investing or trading
from your question, I think you own crypto and own a farm, but are confused about how to collaborate to grow and profit "if I'm not mistaken".
simply sell some of your crypto to be used as capital to grow productive crops on your farm then teach your farmers by receiving wages using crypto, if it seems complicated convert it in your country's currency.
if you want to become a developer then look for a team of developers and investors.
simply sell some of your crypto to be used as capital to grow productive crops on your farm then teach your farmers by receiving wages using crypto, if it seems complicated convert it in your country's currency.
if you want to become a developer then look for a team of developers and investors.
Bitcoin is a decentralized currency any country can use to improve their agriculture and other things in their country. If bitcoin is well legalized in your country, i think it will be very easy for you to improve your farm products with bitcoin.
You can learn more about bitcoin from this forum and other internet that will help you to make huge amount of money you can use to expand your farm.
You can learn more about bitcoin from this forum and other internet that will help you to make huge amount of money you can use to expand your farm.
Your suggestion is very vague. How can bitcoin improve farm products? And by the way, it is not easy to make huge amount of money from crypto. There are a lot of things to be learned before one can get some profits in crypto. This is where a lot of newcomers are having misconception about crypto market.
Wonder what happened to the OP's plans? After Dec 2020, he has not visited since.
Bitcoin is a decentralized currency any country can use to improve their agriculture and other things in their country. If bitcoin is well legalized in your country, i think it will be very easy for you to improve your farm products with bitcoin.
You can learn more about bitcoin from this forum and other internet that will help you to make huge amount of money you can use to expand your farm.
You can learn more about bitcoin from this forum and other internet that will help you to make huge amount of money you can use to expand your farm.
LOL..Did you make this illustration?
It'd be have to be a lot of biogas and a lot of cows for a profitable farm. On top of that you need significant investments for the mining gear itself.
You have the land so space won't be an issue depending on how accessible is broadband in your area. Yet, these are mostly pie-in-the-sky ideas. The devil is in the details and so are the complications.
It has been almost two years since OP posted this idea and that "detailed" illustration of the masterplan. I wonder what has become of this idea in the times of "yield farms" on DeFi. If anything, the OP can at least claim ownership to the idea of a cryptocurrency farm which are ubiquitous now in the times of DeFi.
miners which we do know that this isnt something cheap that you could ignore plus on how many miners you would tend to build off to have some significant crypto earning out of this idea?
Close to impossible but it could be done but this would require big investment or funding.
At some point there arises a situation where people need to cultivate what is necessary for them. This isn't too far, and with the third world countries there will be lack of storage capacity. This will affect the cultivated crops go wasted due to the changing climatic conditions. Maybe through the blockchain technology this storge of cultivated crops can be organised and made to function without much of flaws. In recent days the corporate networks have got into agriculture. So, they'll try to fix the price for the farmers cultivation which is unfair. Through blockchain the minimum guaranteed price for the farmers can be guaranteed.
I think they're professional bodies whose major aim is to see that business plans and ideas are brought to actualization, you can just employ their assistance, except In a case where the financing is the problem. Agriculture is a very nice business to venture into, and tk think you have the land already, I'd advice you make a proper research to be able to decipher which of the crops or plants would be best in your locality.
I have an idea for speaking about it.
What do you think about this crypto scheme?
Cows -> Bio Gas -> Energy -> Asic mining -> Bitcoin for farmer -> Bitcoin for investors
LOL..Did you make this illustration?What do you think about this crypto scheme?
Cows -> Bio Gas -> Energy -> Asic mining -> Bitcoin for farmer -> Bitcoin for investors
It'd be have to be a lot of biogas and a lot of cows for a profitable farm. On top of that you need significant investments for the mining gear itself.
You have the land so space won't be an issue depending on how accessible is broadband in your area. Yet, these are mostly pie-in-the-sky ideas. The devil is in the details and so are the complications.
It has been almost two years since OP posted this idea and that "detailed" illustration of the masterplan. I wonder what has become of this idea in the times of "yield farms" on DeFi. If anything, the OP can at least claim ownership to the idea of a cryptocurrency farm which are ubiquitous now in the times of DeFi.
You need a project first. I guess you are an agriculturist , think of a project and find financing for that project using bitcoin.
If you consider your issue contrary to Bitcoin directly, little can be done. Unless to invest part of bitcoins in technological processes or infrastructure for agriculture.
Or, on the contrary, invest part of the money in Bitcoin so that you would later invest the earned profit back, but this is at least a super risky adventure.
But I think this is not what you need.
You need to create your own or use the existing blockchain to improve the processes associated with production and logistics.
Transportation, delivery, all equipment, technological processes that go from the moment of sowing the land to the final receipt of products by the user.
All this can happen on the blockchain, which can help development.
Or, on the contrary, invest part of the money in Bitcoin so that you would later invest the earned profit back, but this is at least a super risky adventure.
But I think this is not what you need.
You need to create your own or use the existing blockchain to improve the processes associated with production and logistics.
Transportation, delivery, all equipment, technological processes that go from the moment of sowing the land to the final receipt of products by the user.
All this can happen on the blockchain, which can help development.
Please teach me how could I use a crypto for developing agriculture in my country?
Do you mean cryptocurrency or blockchain? Cryptocurrency is mainly for the purpose of transaction and investment.So, if you’re referring to cryptocurrency there isn’t really much that can be done about it apart from investment.
You can create an online platform that will let people in your country to be investing on your farms with cryptocurrency and after the period that was set they will get their money back with the percentage profit. Then apart from that, blockchain can be used in few ways in agriculture like tracing how the agricultural products are being distributed to the consumers. There are lots of ways that blockchain can be useful in agriculture, as for cryptocurrency it’s just investments.
With this protocol of agricultural improvement, we're creating a new wave of process that can speed up the transaction of agriculture business. Using cryptocurrency or blockchain technology emerging into physical business, the world exportation of perishable good like agricultural products is more efficient compared with traditional payment system.
This will help eliminate the delays and errors of distribution as well as the online payment transaction is concerned because it gives an accurate traceability on each items sold.
Please teach me how could I use a crypto for developing agriculture in my country?
Do you mean cryptocurrency or blockchain? Cryptocurrency is mainly for the purpose of transaction and investment.So, if you’re referring to cryptocurrency there isn’t really much that can be done about it apart from investment.
You can create an online platform that will let people in your country to be investing on your farms with cryptocurrency and after the period that was set they will get their money back with the percentage profit. Then apart from that, blockchain can be used in few ways in agriculture like tracing how the agricultural products are being distributed to the consumers. There are lots of ways that blockchain can be useful in agriculture, as for cryptocurrency it’s just investments.
Jump to: