agriculture and bitcoin

[rockminer1]

Hello all.

Please teach me how could I use a crypto for developing agriculture in my country?

Cheers.

[jackg]

You're going to have to be more consice than that? What does your country do well at? What do they need cryptocurrency for?

If they have land but no currency, crypto can probably help.
if they don't have much then crypto might be able to do something if you invest in it but without knowing what you're after or the state your country's in, we can't really offer anything.

[rockminer1]

I have a land 170Ha. But have not a lot of currency for developing a good story. I do good story by small currency for now, but it is story for many years. And it is because I created thread, please teach me! How could I use a crypto for agriculture development?

[josephsonand]

Honestly, I don't know how to combine agriculture and cryptocurrency. The only thing that I came up with is to invest money in Bitcoin and Ethereum earned from your land. So you can increase your income

[Wexnident]

What exactly do you mean by agriculture development? Like as in, developing the land you just said and making it grow using crypto? Or is it a research-based agricultural development that you would want to obtain? Either way, crypto isn't going to help you. I mean, both endeavors require money, yes, but using fiat or crypto doesn't make any difference. What makes a difference is the talent you have in managing/researching the so-called "development" you would want to have.

Crypto isn't some magical seed you can plant and it grows a beanstalk that has technology far advanced than the current civilization, it's just fiat. A mode of payment for transactions BUT is unregulated by the government. Thats it.

[Hilsgort_T]

I have an idea. You can create a coin using which you can buy local agricultural products in your country. In this case, people or some organizations or shops that want to buy this products will be required to start buying this coin. Since the coin is constantly bought on the exchanges, the price of this coin is constantly growing. The creators of this coin (the ministry of agriculture of your country) receive a lot of money because of this. As a result, everyone is happy, people have local goods, agriculture is flourishing and in demand.

[FanatMonet]

Perhaps I did not understand the essence of the matter a little, but it is possible to connect cryptocurrencies and agriculture.
The most obvious example is to issue a token that can be exchanged for a certain amount of your products, this can be useful if your country has an unstable national currency.
Or you can do an ICO / IPO to expand your business, through the issuance of tokens for the rapid development of your economy.

[Magkirap]

Honestly, I don't know how to combine agriculture and cryptocurrency. The only thing that I came up with is to invest money in Bitcoin and Ethereum earned from your land. So you can increase your income

The OP is talking about the country's agriculture like crops, farming etc not only about lands or your own profit. Well for me organizations of agriculture should consider using cryptocurrency so that they can earn more money for the development of agriculture like spending the money they gained with cryptocurrency in buying good fertilizers and more lands to be farmed.

I have an idea. You can create a coin using which you can buy local agricultural products in your country.

I agree with this, they can take advantage of the technology and create their own coin with its sole purpose of helping develop our agriculture.

[GmAdvice]

There are many ways in which you can use crypto currency like bitcoin, ethereum to buy goods for your agricultural pruposes, you can create or bulit a crypto currency to purchase agricultural stuff and motivate others farmers in your country to use that crypto currency..
This is what i think from my point of view do you agree ?

[Febo]

Hello all.

Please teach me how could I use a crypto for developing agriculture in my country?

Cheers.

Bitcoin is money that you can send far cheap. So you can sell your product for Bitcoin and buy stuff you need with Bitcoin that you earn. Very simple.

[petuel]

Hello all.

Please teach me how could I use a crypto for developing agriculture in my country?

Cheers.

Bitcoin is money that you can send far cheap. So you can sell your product for Bitcoin and buy stuff you need with Bitcoin that you earn. Very simple.

Another way is paying to your employees with bitcoin to avoid taxes, but that's not really legal though

[sunsilk]

Bitcoin is money that you can send far cheap. So you can sell your product for Bitcoin and buy stuff you need with Bitcoin that you earn. Very simple.

Another way is paying to your employees with bitcoin to avoid taxes, but that's not really legal though

Then voluntarily filing for the income tax is going to be the solution.

Or you can do an ICO / IPO to expand your business, through the issuance of tokens for the rapid development of your economy.

For the ICO, there's no need to do this. I think there were projects before that aimed to help the agricultural sector and economy by providing their tokens but it wasn't really effective and useful at all. It was abused and just became a source of wealth collection for the side of the developers.

[crypto4jan]

Hello all.

Please teach me how could I use a crypto for developing agriculture in my country?

Cheers.

There are blockchain projects that register the supply chain and link contractors to farmers.
Benefits for the farmer is that he can sell a product for a good price and not need to have the cash to pay contractors first.
It can create a trust chain and no coin is needed. I can bring you in contact with the organization that develops this.
In 2014 I found it a great idea to manage a currency but greed makes most currencies useless.
For now, it seems only Bitcoin shall survive with a value.
In the future maybe trust chains can be supported easily with Bitcoin.

[thesmallgod]

I think you can use blockchain technology in the agricultural sector. Supply Chain using blockchain technology can help agricultural product development at the same time provide jobs for people. I have seen some projects been conducted that intend to use the technology for an effective supply chain so I think you can also look toward that direction. Aside from that, unless you want to be selling your product by accepting cryptocurrency. If you want to do this, I think it will be great especially if you are farming organic products such as tiger nut that can be supplied internationally.

[fiulpro]

First I would like to Thank you for taking such step or even thinking about it.
I do think that Agriculture and cryptocurrencies are way way apart but I do think there is something you could do.

If you do feel comfortable you can create a website which sells the products directly from the farmers without any middle men and you can start receiving payments in bitcoins itself , do give them some discounts if they are paying in bitcoins because you know When you eradicate the middle men you are gonna save up a lot for the farmers and this profit , even 1-2% of it can be used to give discounts for the people paying in cryptocurrencies.

[fiulpro]

I think you can use blockchain technology in the agricultural sector. Supply Chain using blockchain technology can help agricultural product development at the same time provide jobs for people. I have seen some projects been conducted that intend to use the technology for an effective supply chain so I think you can also look toward that direction. Aside from that, unless you want to be selling your product by accepting cryptocurrency. If you want to do this, I think it will be great especially if you are farming organic products such as tiger nut that can be supplied internationally.

I do not plan on offending you but I just would like to say that Agriculture itself is a job , not even a job but it's something people cherish because it has been passed down from generations to generations and you know I do think that it is the most vital job one can ever do.

[FanatMonet]

For the ICO, there's no need to do this. I think there were projects before that aimed to help the agricultural sector and economy by providing their tokens but it wasn't really effective and useful at all. It was abused and just became a source of wealth collection for the side of the developers.

Yes,this method of raising funds was very discredited by various types of SCAM, which were very common earlier, but if various guarantees of the return of funds, with competent white paper, in a painted financial plan, are provided, then this can be very good.

[rockminer1]

What exactly do you mean by agriculture development? Like as in, developing the land you just said and making it grow using crypto? Or is it a research-based agricultural development that you would want to obtain? Either way, crypto isn't going to help you. I mean, both endeavors require money, yes, but using fiat or crypto doesn't make any difference. What makes a difference is the talent you have in managing/researching the so-called "development" you would want to have.

Crypto isn't some magical seed you can plant and it grows a beanstalk that has technology far advanced than the current civilization, it's just fiat. A mode of payment for transactions BUT is unregulated by the government. Thats it.

I agree and disagree with you. I'm using cryptominers like heaters for warming my farm house and animals and getting bitcoin payment from nicehash.
But I don't know how to use the crypto for agriculture projects, how to attract investments or crowdfunding money.
What I can for now it is use my own abilities and abilities my old partners

I did ICO in last year. But imho it does not work like this. I cannot to simply create tokens and simply receive investments  

[rockminer1]

For the ICO, there's no need to do this. I think there were projects before that aimed to help the agricultural sector and economy by providing their tokens but it wasn't really effective and useful at all. It was abused and just became a source of wealth collection for the side of the developers.

Yes,this method of raising funds was very discredited by various types of SCAM, which were very common earlier, but if various guarantees of the return of funds, with competent white paper, in a painted financial plan, are provided, then this can be very good.

I thought a lot about that. This is the most complicated thing for me is how to give and keep guarantees of the return of funds. I thought about smart ETH contracts but I have no idea how to create system of returning based on ETH.

I know how to return funds only if I use cryptomining. But for mining it needs electricity. I have a some cheap electricity (about 20kW). And I can get electricity from biogas but it is complicated project which also needs money.

[rockminer1]

I have an idea. You can create a coin using which you can buy local agricultural products in your country. In this case, people or some organizations or shops that want to buy this products will be required to start buying this coin. Since the coin is constantly bought on the exchanges, the price of this coin is constantly growing. The creators of this coin (the ministry of agriculture of your country) receive a lot of money because of this. As a result, everyone is happy, people have local goods, agriculture is flourishing and in demand.

I think it does not work. Local people don't know how to use bitcoin. We're selling products for fiat right now.

Perhaps I did not understand the essence of the matter a little, but it is possible to connect cryptocurrencies and agriculture.
The most obvious example is to issue a token that can be exchanged for a certain amount of your products, this can be useful if your country has an unstable national currency.
Or you can do an ICO / IPO to expand your business, through the issuance of tokens for the rapid development of your economy.

We did ICO but it was a not success story for selling tokens but our farm are growing and growing up. https://www.coingecko.com/ru/%D0%9A%D1%80%D0%B8%D0%BF%D1%82%D0%BE%D0%B2%D0%B0%D0%BB%D1%8E%D1%82%D1%8B/ecopole

I agree with this, they can take advantage of the technology and create their own coin with its sole purpose of helping develop our agriculture.

It does not work. Examples: banana coin, milkcoin, Biocoin, etc.

In reality I right now can create a new token with name CowGold and selling it on the Etherdelta, because I have a lot of cow's excrements on my farm, but local people don't know about Ethereum and Etherdelta. And people from Etherdelta no need CowGold. I joked about CowGold but I hope you understood my irony.