*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?
Well, nothing's bad if they know what they are doing. Indeed other industries are as well profitable but this is their preference, assuming that it is. Eitherway, risk will be present no matter what investment you engage yourself with. Agriculture and food industries are a bit saturated at this point and introducing your own brand is way difficult than ever, so I cannot blame the young ones if they will choose what's new as long as it will be beneficial for them. Younger gens in the first place are the ones following technological advancements which makes it not surprising. Ore industries also, are now considering blockchain adoption which is a good thing to consider if you're looking forward with long term progress.
*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?
Perhaps it depends on a country and on area (rural vs urban). If agriculture isn't big in a country, I don't see why people would see it as a good investment option there. If people live in urban areas, I also think it's unlikely that they'd buy a farm or something like that. Also, let's not forget that crypto investment doesn't require a minimum, whereas buying a farm requires a certain amount of money, which can make it unaffordable to many young people.
But if it's a rural area and a country with rich land where you can actually grow lots of veggies, having your own little area and growing food can be a major source of income or just a direct source of food. That being said, younger generations do often try to move to bigger cities and make it in other economic sectors, even if they grew up in rural areas.
Valid point as well. Culture and environment highly affects the interest and choices of the younger gens. It also speaks for appropriation such that if you are in a country or area that agriculture is most of the time, the source of living, then kids at a young age would more likely engage with the same industry. Perhaps with OPs country, technological advancements are more evident. As long as it shows progressive development no matter what industry it is, I'd say things are still fine for the new ones. What matters is the ct of engaging with a field of their interest.