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Author Topic: The Bitcoin Economy Needs a Farm  (Read 2058 times)
John193
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August 06, 2012, 12:42:37 AM
 #21

If youre going to buy a farm you should use the btc as collateral on a fiat loan rather than selling it.

Why do you write that?

So that you can hedge against the bitcoin price shooting up.

That is a well good point, I think you might be a good selection to coordinate the farm finances. Do you know any banks that would take the BTCs as collateral?
Personally, I would volunteer to work the land.
CoinCleaner
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August 06, 2012, 01:02:18 AM
 #22

Kind of..there is a dude on here that sells food for bitcoins. Is this what you mean, my young patawon?
Kinnardian (OP)
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August 06, 2012, 08:30:55 PM
 #23

What do you have in mind?

Not sure. Curious what everyone else has in mind. And then how to implement it.

https://docs.google.com/document/d/1aNkSwyJ6AuC9JVcosC6CzPNJV6GSg5h1mdFc-5U-PtA/edit
Kinnardian (OP)
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August 06, 2012, 08:54:59 PM
 #24

What do you have in mind?

Not sure. Curious what everyone else has in mind. And then how to implement it.

https://docs.google.com/document/d/1aNkSwyJ6AuC9JVcosC6CzPNJV6GSg5h1mdFc-5U-PtA/edit

Actually, we should gather ideas, evaluate, form teams around the ones we think we can make succeed, then execute.

Location proposals?
scribe
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August 06, 2012, 09:10:29 PM
 #25

I'm signed up to a local scheme which offers "shares" of the food grown and picked per week (rather than a set amount), where you subscribe for a year and pay monthly. Could anything using Bitcoin work like this - on a small scale, maybe even just on an allotment? Some kind of cross between a pledge of cash (like a bounty pot?) and a local currency?

blocknois.es Bitcoin music label. ~ New release: This Is Art

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