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Topic: Bitcoin vs Agriculture (Read 552 times)

full member
Activity: 882
Merit: 110
May 11, 2021, 04:01:16 AM
#71
Bitcoin can be used for all fields, including agriculture. You can sell bitcoin and replace it with money, then you use the money to develop agriculture. there are many steps for you to be able to use bitcoin properly, so don't worry friends with your bitcoin
hero member
Activity: 1764
Merit: 696
[Nope]No hype delivers more than hope
May 12, 2021, 12:00:00 PM
#70
What do you mean by "vs"?
If you want to compare the two, agriculture has the upper hand. Agriculture has a harvest cycle in which the estimated profit can be predicted even close to "certain" on a routine basis. Both bitcoin and agriculture have something in common to be profitable: you have to take care of it, and wait for it to grow. This means that the two of them cannot support each other simultaneously.

how can i use bitcoin to improve my plantation farm? Does it mean farmers cannot use bitcoin to improve their peasant or plantation farm?
I understand this that you need capital in bitcoin, right? If you don't have enough bitcoins, invite bitcoin holders to invest in your business that can give bitcoin returns as well.
hero member
Activity: 1344
Merit: 565
May 11, 2021, 01:26:19 AM
#69
The only way for you to use Bitcoin for your Agriculture is If you are accepting Bitcoin as a means of payment for your farm produce and your farm in using Bitcoin as well to purchase things for the form, say, seedlings, equipment's etc. Most organizations that are involved in using Bitcoin can only do it in that form, they either accept Bitcoin as payment and might also use it for Purchase from those that accept and sell what they want to buy too.
sr. member
Activity: 1918
Merit: 370
May 10, 2021, 08:52:45 PM
#68
I would agree there is a big niche in the agricultural sector where bitcoin hadn't seen much use and purpose yet. I honestly can't think of ways bitcoin can be useful to farmers either besides teaching them the value of investing their money vs. regular old saving it in the bank. I would assume this would change in the future as bitcoin expands it reach across the world where more and more use-case and purpose will be found but for now, unfortunately I believe investing in it is the only help it could give you.
sr. member
Activity: 1876
Merit: 318
May 10, 2021, 06:58:56 PM
#67
The only way I can see for you to be able to use BTC in agriculture is by investing your money in BTC to grow your capital then buy more crops/lands etc.

Remember that BTC is a digital gold, and do you see GOLD to be beneficial to agriculture? if you see it, then you might be able to see the ways for btc to work with your plantation.

With investing in Bitcoin, we can indeed make large amounts of money, because it has been proven that Bitcoin is now the best asset to be able to
make money. Then the money generated from investing in Bitcoin can be used for various things, including buying lands for farming. That way Bitcoin
can contribute to agriculture, therefore do not hesitate to invest in Bitcoin.
legendary
Activity: 2142
Merit: 1012
May 10, 2021, 06:52:55 PM
#66
Within plantation if there is group of farmers working as a unit then the blockchain technology might help with the effective working, this means for the management purpose and not for the farming. Likewise for establishing of information and sharing ideologies within the farming community the technology can be used. NFT can help with securing the newly formed products. More we explore thers is possible chance of bitcoin usage which at present doesn't look so prominent and promising.
I do not think that blockchain technology with its redundancy is the best technology for managing processes in agriculture, and other traditional technologies are much more effective at solving the necessary tasks. The blockchain is much better suited for storing and verifying information, but not for operational management. Much greater prospects could be in the field of payment transactions and transactions, as well as in the field of microcredit, but these areas are not exclusively related to agriculture and specifically bitcoin, but rather with other cryptocurrencies or tokens.
legendary
Activity: 3206
Merit: 1213
Enterapp Pre-Sale Live
May 10, 2021, 05:49:41 PM
#65
Within plantation if there is group of farmers working as a unit then the blockchain technology might help with the effective working, this means for the management purpose and not for the farming. Likewise for establishing of information and sharing ideologies within the farming community the technology can be used. NFT can help with securing the newly formed products. More we explore thers is possible chance of bitcoin usage which at present doesn't look so prominent and promising.
hero member
Activity: 2828
Merit: 611
May 10, 2021, 09:11:51 AM
#64
you can improve by common method. and you can introduce this stuff to other people you meet and related to your job.
I believe that is the only method we are having right now to make bitcoin to be incorporated to any kind of business. When bitcoin can be a payment processor (and your business is not about any kind of investments) then you need to adopt bitcoin as one of payment option so that people will do business with you in bitcoins. This way, I believe that any business can adopt bitcoin and revolutionize themselves according to the modern technology improvements.

I am not seeing any possibilities in my country for buying agriculture products or any of related things for bitcoin payments directly from farmers. But, I am hoping that will happen as quick as possible in this 4G/5G era.
legendary
Activity: 1610
Merit: 1003
May 10, 2021, 06:59:54 AM
#63
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.

the problem is people around you, or people you meet, they know about bitcoin or just ordinary man? when you meet cryptoman, not only agriculture, also the other platform will be able to use bitcoin as payment or to improve your business field.
but, you can improve by common method. and you can introduce this stuff to other people you meet and related to your job.
full member
Activity: 1148
Merit: 158
★Bitvest.io★ Play Plinko or Invest!
May 09, 2021, 06:09:18 AM
#62
The only way I can see for you to be able to use BTC in agriculture is by investing your money in BTC to grow your capital then buy more crops/lands etc.

Remember that BTC is a digital gold, and do you see GOLD to be beneficial to agriculture? if you see it, then you might be able to see the ways for btc to work with your plantation.
full member
Activity: 268
Merit: 100
May 09, 2021, 02:41:24 AM
#61
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 and agriculture are two completely different fields. You may be an agricultural engineer who is good at farming, breeding, but not sure that you are good at Bitcoin. This is an investment area that needs high capital and is quite risky. But if it succeeds, it will bring you huge profits. If you want to participate you must learn carefully about the cryptocurrency market.
legendary
Activity: 2534
Merit: 1338
May 08, 2021, 01:35:22 PM
#60
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.
If right now you cannot find a use for bitcoin where you live then most likely this has to do with the fact that no one is accepting bitcoin and no one around your community even knows that it exist, as such the opportunities of bitcoin helping your farm are limited at best, however you can use it as a store of value as many people around the world are doing right now, if you can do this and hold your coins for the long term then you are going to get great economic benefits given enough time.
full member
Activity: 952
Merit: 107
May 08, 2021, 01:09:22 PM
#59
Bitcoin is just money. The only comparation or correlation between agriculture and bitcoin I could think about is the same when we talk about fiat and agriculture: you work as a farmer, grow your crops, sell it and are paid. So you use part of your payment to re-invest in the land and keep this cycle of work going on. You could do the same with bitcoin, instead of using fiat. Actually I think that is all and the same is valid for any other profession.

I agree. You have to grow what you planted. In agriculture, sometimes you have to risk and believe that the seed you buy have to germinate 100% to avoid loss. While in bitcoin,  you are 100% sure that it is legit and what you have to do is make sure that you trade for the right time. Both are giving you profit when you take good care of them in your hands. In agriculture, you make sure to have harvest everyday to eat while bitcoin can be hold when it doesnt grow for the moment.
sr. member
Activity: 1414
Merit: 326
May 08, 2021, 12:43:58 PM
#58
Bitcoin is usually the king in the world of crypto there are many differences between agriculture and bitcoin. It is possible to improve agricultural work by investing in but bitcoin cannot be used through agriculture most of the farmers in our country are ignorant have no knowledge about their bitcoin and cannot develop agriculture through investment the world bank provides low interest loans zero interest credit and a variety of grants to developing countries. These programs and resources are designed to help achieve important achievable results in key areas such as health education economic development infrastructure construction maintenance and agriculture.
full member
Activity: 640
Merit: 104
May 08, 2021, 12:24:54 PM
#57
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.

You can open a business selling fruits or selling vegetables and then you can receive payments using bitcoin. We can buy fertilizer or buy insect poison with Bitcoin if there is a farm shop that accepts bitcoin as payment but if there is no farm shop that accepts bitcoin payments then we are forced to exchange Bitcoin into real money.
legendary
Activity: 2128
Merit: 1775
May 08, 2021, 11:55:54 AM
#56
Does it mean farmers cannot use bitcoin to improve their peasant or plantation farm?
Kindly share your idea to help someone.
the main and basic understanding, you have to distinguish between crypto / Bitcoin with agriculture, this is actually very far in meaning.

• If you want to invest with your farm yields in Bitcoin you can, you have to set aside a small amount of farm produce to invest in both the long term and the short term.
• increase, if you have invested and benefited from Bitcoin, you can make an increase to add capital for the needs of the farm that you manage.

Conclusion: If you have a profit, for example you buy Bitcoin in 2020 which is 1 Btc and the price of the farm is $ 6,000, now you can sell it for $ 58,000 / 1 Btc, This means that you can take advantage of this to increase your agricultural needs, for example: buying new land and so on.
member
Activity: 1204
Merit: 38
May 08, 2021, 11:35:49 AM
#55
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.
full member
Activity: 574
Merit: 125
May 08, 2021, 11:23:18 AM
#54
It seems like your title is far different from what you want to say, maybe you should change your title into Bitcoin in the agriculture industry, it is hard to think how can we connect both things as we know that both things are far different, Agriculture is done through physical things while bitcoin is in technology but just like other companies you can connect bitcoin to your farm or agriculture if you make bitcoin as your means of payment but that is not easy, your customer should also know about crypto first.
sr. member
Activity: 1624
Merit: 315
Leading Crypto Sports Betting & Casino Platform
May 08, 2021, 02:52:23 AM
#53
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Indeed, it can make bitcoin a medium of exchange, but the problem in my country is that the farming sector is still dominated by conventional people, where they lag behind the world of technology, let alone bitcoin. This should be a concern, so that more young people will participate
If they lag behind then you should start the innovation because  you have the knowledge and as a first adopter, you are going to be the one going to profit much more since you are the only one so far in this innovation.
full member
Activity: 812
Merit: 100
www.cd3d.app
May 08, 2021, 02:40:57 AM
#52
l have studied agriculture during my tertiary education but I find it hard to figure out how bitcoin can be used in the agricultural field.The only way is to make an investment in bitcoin or receive payment in bitcoins for your farm products which will also help to encourage it's adoption within your local community.
That's like the only way possible, and either OP could sell his/her harvest only in bitcoin or make bitcoin as an option for payment, I think that it could work because I have seen a rice retailer in my country that are selling rice with payment options  include bitcoin, ethereum, litecoin and other coin that I forgot the name.
Indeed, it can make bitcoin a medium of exchange, but the problem in my country is that the farming sector is still dominated by conventional people, where they lag behind the world of technology, let alone bitcoin. This should be a concern, so that more young people will participate
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