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Author Topic: Food industry and cryptocurrency  (Read 2671 times)
HabBear
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September 14, 2016, 04:54:43 AM
 #61

What makes...

Those smart farmers will eventually come to a realization that the only real form of money is the food they put in their mouth.

...result in...

Because of that reason, the value of their farm cryptocurrency will only go up.
?

I know you're a troll, but i really want to know what the logic is that links the fact that farmers realize that their means are the food they grow to them realizing that cryptocurrency "will only go up"?

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JeffBrad12
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September 14, 2016, 05:12:19 AM
 #62

What makes...

Those smart farmers will eventually come to a realization that the only real form of money is the food they put in their mouth.

...result in...

Because of that reason, the value of their farm cryptocurrency will only go up.
?

I know you're a troll, but i really want to know what the logic is that links the fact that farmers realize that their means are the food they grow to them realizing that cryptocurrency "will only go up"?
Hahahaha I think he is wanna for saying if the food is a primary need for a lot of people and maybe in his perception caused by that the value of farm cryptocurrency will go up like his said. but maybe it's less than my logic in my mind.

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awesome31312
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September 14, 2016, 05:27:35 AM
 #63

What makes...

Those smart farmers will eventually come to a realization that the only real form of money is the food they put in their mouth.

...result in...

Because of that reason, the value of their farm cryptocurrency will only go up.
?

I know you're a troll, but i really want to know what the logic is that links the fact that farmers realize that their means are the food they grow to them realizing that cryptocurrency "will only go up"?

It makes sense to me. In a voluntary mutualist society, we would value tangible goods/services like food over some piece of paper issued by the government in exchange for labor. Cryptocurrency is a great way to exchange without government interference.

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Barbut
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September 14, 2016, 05:29:04 AM
 #64

I don't think this can work, it will just make big confusion on the market. Process of buying something from farmers will be harder, and for farmers will be harder to pay bills, and harder to buy things he need for the farm.
Like in second comment in this thread, its much better everyone to focus on one crypto currency,and try to make one strong coin then to split our forces on many smaller ones.
This idea is almost impossible when I think about uniting farmers across the world for some computer thing, they are farmers probably  many of them are not so good with technology. Its going to be hard to persuade them to accept system like OP is suggesting.

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September 14, 2016, 05:49:24 AM
 #65

The governments of the world will not allow for < Commodity coins > to be traded, without their intervention and manipulation. They want full control over all currencies to manage the economy in the way they want to. The consumers will also not accept this. Imagine if you want to buy 1 lobster and 1 Apple and 1 bread etc.. and you will have to deal with separate Crypto currencies for each? This will not work. ^sorry^

alisus
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February 24, 2017, 09:26:47 PM
 #66

It's not that easy because BTC needs confirmation time and you'll have to sit there waiting for the confirmations so that you can pay.Apart from that I think BTC is a great means of payment for sure.
Your right the payment speed is one of the problem but i think if they can convert in just like convert it into points first. To use it easily without waiting for transaction because you convert it already into points but they should invented a card for points so that they can pay fast or instantly without waiting for confirmation..

Instant has to become more like instant and the payments have to be as quick as cash or credit in order for many types of businesses to accept it.


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February 26, 2017, 07:42:51 PM
 #67

Its a very good idea to habe a coin hacked by an actual farm. Investing in a farm sounds good to me. People always need to eat and so the demand is endless. If you can supply fast enough you stand to make a great deal plus even more when the value of the currency increases in the exchange. It will be a good way to create more jobs for other people to also work on the farm and be paid in the currency which counts as an investment too if they do not sell right away. If they do want to sell right away I would suggest you pay them bitcoins instead and leave the coons for those who want to make an investment. The best part is the minimum invest!end amount doesnt exist and can be $0.01 if you like.

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