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Topic: Food security might not be a priority for younger generations. (2) - page 6. (Read 929 times)

legendary
Activity: 2072
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Investing should always have a purpose. Why do people invest? To make a profit. And then many plan to do something with this profit. Creating your own business will be the right choice. Money must work. By making a cycle of profit from the source of investment into business and back, it will create very convenient conditions for farming and many industries.
hero member
Activity: 784
Merit: 589
*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?
From one angle, as more youths delve into Bitcoin, it creates more financial freedom and since most young ones value interactions made online, Bitcoin is a peer to peer technology, which enables you conduct transactions online without needing a bank to serve as an intermediary hence it fits the bill. Bitcoin is like a social innovation amongst the youths and it has given a whole new light to doing business online.
 While on the other hand, it's necessary that youths pick interest in farming and agriculture as they can be able to add a new method to farming instead of the conventional ways. They have an edge over the older ones as they can make better research on how to grow a crop and help in the growth of the economy. The importance of food can't be over stated but many youths shy away from this venture as it's regarded as menial and dirty and a waste of resources. It's easy to complain that the prices of food are high but no one wants to put in the work.
 
 I feel that the more people especially the youths decide to venture into agriculture, putting their energy and youth to good use, the mindset of others will change from agriculture being a thing for the elderly people, but I guess humans will always have a choice.
legendary
Activity: 1680
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Economic diversification is required. The trend of all young people investing in the crypto field and leaving other important sectors such as agriculture, food, industry, etc. will certainly have bad economic effects on countries where such a phenomenon is widespread, especially in poor countries.

Of course, most young people want to leave work in tired sectors such as agriculture and industry and go to the easier and more profitable field of cryptocurrencies, so it is the duty of society to create a kind of balance so that these sectors that are necessary for the survival of any society (I mean agriculture and food) are not displaced.
full member
Activity: 2254
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*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?
Every person needs to eat regularly and have a balanced diet for good health. And there are big problems with this, since the climate on our planet is changing dramatically due to human activity. The ambient temperature is rising quite quickly, glaciers are melting and will lead to the flooding of many areas in different parts of our planet, in others the temperature will rise so much that it will be uninhabitable. All this will significantly reduce the remaining land area processed for agriculture. Consequently, the cost of food will increase sharply.

People in the near future will look for additional opportunities to create artificial food, for example, by properly processing oil and gas, instead of wastefully burning them as fuel. Therefore, the role of food and agriculture will increase.

Finance itself is not the answer to every problem. They themselves do not create material wealth, but only redistribute the flow of money. An entire generation cannot engage in finance and investing. Because there won't be anything to eat. In this regard, I do not think that the younger generation will dramatically change anything in the employment structure of the population.
sr. member
Activity: 1778
Merit: 264
Most of the younger generation is more interested in the current digital era, they would prefer to be able to grow the money they have by investing, whether choosing deposits in banking or investing in crypto.  The younger generation's interest in the agricultural sector is of course very rare. This must of course be taken into account so that the next generation is not interrupted from being interested in investing in the agricultural sector by collaborating with traditional and modern methods. For example, they invest in crypto, the profits are extended to the agricultural sector

Previously, they also had to be able to form a community so they could work together
legendary
Activity: 4214
Merit: 4458
*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?

most farms are industrialised. its no longer the era of families raising kids to take over the tractor when the dad gets old.. spending years learning about toiling, sewing, spraying and harvesting
these days a company hires a guy seasonally to drive a harvester to mow 20x adjoining fields in one go, that used to be owned by 20 families. a harvester that is modern to a point even a bus driver can drive it with 1day training

we also see things that need to be picked by hand. companies have agencies that hire foreign workers to work for a season, agencies that do all the working permit stuff, and handle the transport and lodgings.. and simple training. it doesnt take much to train someone to do one job repeatedly

gone are the days where kids learn all aspects of farming from parents or go to agricultural school to be a know it all. these days its people with business studies that learn to run businesses and hire temps and a trainer(agency with a trainer on contract)

these days kids get into doing side hustles like investing because the need for them to run the family farm are gone. plus kids these days would prefer being tiktok influencers hiring lambo's for a week and filming shorts at midday, rather then waking up at dawn to dusk driving a tractor all day

filming 52 shorts of 1min length, over a week is only part time work. but yields a years worth of tiktok publishings that can earn 52 x $1k min over a year>$50k. far better pay for far less work compared to <$50k a year farming
sr. member
Activity: 406
Merit: 443
Bitcoin and cryptocurrencies are considered a high-risk investment, and no one with experience in the market will advise you to put all your money in such an investment, but to invest money that you do not need and a certain percentage in Bitcoin. If you can save $500 a month, then investing $300 in Bitcoin will be good. Bitcoin is considered an investment, so at the end of this investment it will be converted into liquidity and used either to buy a property, a car, or a production/service project. a wise investment in Bitcoin will inevitably lead to positive results on the individual level and vice versa.

There will be an increasing demand for the agricultural and food sectors, and increasing prices and profits will encourage supply, so the effect of Bitcoin will be positive if you invest intelligently.
sr. member
Activity: 1512
Merit: 351
*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?
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