Bitcoin vs Agriculture

[Zanab247]

Bitcoin is a peer to peer electronics cash system while Agriculture is the production of crops and rearing of animals for man's use. I am a farm who is into subsistence and plantation farming in my country, but i find it difficult to use bitcoin to improve my farm the way others business men use bitcoin to improve their investment.how can i use bitcoin to improve my plantation farm? Does it mean farmers cannot use bitcoin to improve their peasant or plantation farm?
Kindly share your idea to help someone.

[Coin_trader]

Bitcoin is a peer to peer electronics cash system while Agriculture is the production of crops and rearing of animals for man's use. I am a farm who is into subsistence and plantation farming in my country, but i find it difficult to use bitcoin to improve my farm the way others business men use bitcoin to improve their investment.how can i use bitcoin to improve my plantation farm? Does it mean farmers cannot use bitcoin to improve their peasant or plantation farm?
Kindly share your idea to help someone.

First of all, you should remove the word "vs" to your title since your goal is to incorporate Bitcoin to agriculture and not to compare them.

Bitcoin is an asset or currency so you should start considering that. You can introduce Bitcoin to farmers as an investment. You can allocate some of there profit in cryptocurrency as life savings then take profit once the price goes up. And also you can use it as payment system for your product. You can ask your buyer to pay in Bitcoin.

[Kittygalore]

Convert your bitcoins to fiat so you can use it better since it isn't widely adopted in the agricultural sector. I might be wrong and you are doing it already but that is the only way that I think that bitcoin can help you.

[CaVO32]

Bitcoin is a peer to peer electronics cash system while Agriculture is the production of crops and rearing of animals for man's use. I am a farm who is into subsistence and plantation farming in my country, but i find it difficult to use bitcoin to improve my farm the way others business men use bitcoin to improve their investment.how can i use bitcoin to improve my plantation farm? Does it mean farmers cannot use bitcoin to improve their peasant or plantation farm?
Kindly share your idea to help someone.

First of all, you should remove the word "vs" to your title since your goal is to incorporate Bitcoin to agriculture and not to compare them.

Bitcoin is an asset or currency so you should start considering that. You can introduce Bitcoin to farmers as an investment. You can allocate some of there profit in cryptocurrency as life savings then take profit once the price goes up. And also you can use it as payment system for your product. You can ask your buyer to pay in Bitcoin.

Yes, the title can be - Bitcoin in Agriculture Industry.

One way is really explore your options in the payment area. If you are selling your farm products, you can give an option to your buyers to pay in bitcoin. You can use your local exchange rate if clients are asking what rate you are using.  If you don't have your own website, you can even put a signboard in your farm like - bitcoin is accepted here. You are now helping in the adoption of bitcoin in your local area.

[cryptoperkele]

Bitcoin is a peer to peer electronics cash system while Agriculture is the production of crops and rearing of animals for man's use. I am a farm who is into subsistence and plantation farming in my country, but i find it difficult to use bitcoin to improve my farm the way others business men use bitcoin to improve their investment.how can i use bitcoin to improve my plantation farm? Does it mean farmers cannot use bitcoin to improve their peasant or plantation farm?
Kindly share your idea to help someone.

I don't understand the question. Improve how? And how do those other business men are doing it exactly? Are they acceptong some new payment methods or something? I am not sure how that would improve anything except maybe you would get some new customers. I think that Coinbase is offering payment methods for firms these days. Bitpay did it at least while ago too. So you might want to look at their services.

Or are you looking for some supply chain solutions that some blockchains offer? Maybe you should ask what those other business men did, but it sounds like someone is selling you something and you might want to take it with a grain of salt.

[so98nn]

The first step is obviously you should start accepting the payments in bitcoin for your farm sells. I mean you can start the cycle of bitcoin payments starting with Fertilizer purchases to selling your fruits or veggies in the market. This can be done I guess.

Or if your concern is that nobody is interested in bitcoin payments then you can open up the online store / e-commerce store where people with digital payments will mostly visit. There you can have bitcoin or crypto payment options and sell in that fashion.

[adzino]

Bitcoin is a currency (money) and farming/agriculture is a totally something different. There is no way bitcoin can improve your farming skills or anything.

Bitcoin is a peer to peer electronics cash system while Agriculture is the production of crops and rearing of animals for man's use. I am a farm who is into subsistence and plantation farming in my country, but i find it difficult to use bitcoin to improve my farm the way others business men use bitcoin to improve their investment.how can i use bitcoin to improve my plantation farm? Does it mean farmers cannot use bitcoin to improve their peasant or plantation farm?
Kindly share your idea to help someone.

Like you said, different business and people uses it to improve their investment. You can do the same. Invest in bitcoin, make profit and use your profit to improve your farming system. Or you may start accepting bitcoin from your clients as a payment method. Convert like 80% of it to fiat while holding rest. Less profit in the beginning, but in the long run you won't be regretting at all!

[Zilon]

how can i use bitcoin to improve my plantation farm? Does it mean farmers cannot use bitcoin to improve their peasant or plantation farm?
Kindly share your idea to help someone.

Bitcoin is a currency like other centralized currency although for Bitcoin we would say it's decentralized. Bitcoin can be applied in all sector of life. In agriculture people buy your farm produce and others still invest in your farm with the aim of getting a return when the produce is ripe. For you to transaction with Bitcoin has a farmer you should start by engaging in mechanised farming and also be open to investors. By this your farm produce will grow beyond the normal yield and would also attract others as well who would love to invest with cryptocurrency in general

[fiulpro]

Bitcoin is a peer to peer electronics cash system while Agriculture is the production of crops and rearing of animals for man's use. I am a farm who is into subsistence and plantation farming in my country, but i find it difficult to use bitcoin to improve my farm the way others business men use bitcoin to improve their investment.how can i use bitcoin to improve my plantation farm? Does it mean farmers cannot use bitcoin to improve their peasant or plantation farm?
Kindly share your idea to help someone.

Hello
You can definately use bitcoins !!
Kudos for asking tho.
-We have something called Lightning network ⚡ , it's something that would work perfectly for small businesses. Now what you can do is , you can set up a small store with your vegetables or crop , whatever you are growing and give users an option to pay in "Bitcoins", now this money will directly go in your wallet and you can sell it when you have enough or you can decide to hold for a long period of time.
OR
You can go international with your business and you can try and use websites to promote your particular special crop , for example- there are farmers importing sweet potatoes in ukraine and getting paid *10 times !! But they have to go through banks, payment, use third party apps etc.. so you can allow the payment through lightning network and when it's confirmed which is instant in most cases , you can go though your order without any third part. Now you might ask why you need bitcoins when it can be done using banks ?
The banks don't allow deposits from international numbers and at the same time some of them create a lot of problems altogether. Therefore at this time bitcoins would be very important for you !

[stompix]

how can i use bitcoin to improve my plantation farm?
Does it mean farmers cannot use bitcoin to improve their peasant or plantation farm?

Unless you play Farmville, no, there is no direct way.

Bitcoin is either a currency or an investment, depends on how you treat it.
So think, can gold improve directly your farming, help you grow better crops, make your cows eat less, and give more milk? No!
Can gold once exchange to money or simply money in the first place allow you to buy better equipment, better seeds, more and better treatment for crops as well as plowing and harvesting machines, of course it can

So you either focus on the investment part and try to use bitcoin as a source of future income or you get another job as a reader, but there is no way of combining those.

The first step is obviously you should start accepting the payments in bitcoin for your farm sells. I mean you can start the cycle of bitcoin payments starting with Fertilizer purchases to selling your fruits or veggies in the market. This can be done I guess.

Yeah, the dream of every vegetable grower..
Sell two cabbages for 50 cents plus $20 in fees and if the fees are too high simply wait two weeks with rotten fruits in the shed till the fees go down.
Or only sell at night during the weekend when the fees are for a few hours cheaper than the basket.

[slapper]

Currently, bitcoin is just an investing instrument which is a favor of many investor. There is actually no direct way to link your farm to bitcoin to benefit your plantation. You can only benefit yourself with both of them by working on farm for money and then convert them to bitcoin. Once you feel that bitcoin is high enough, you can sell your bitcoin to buy more lands or facilities to improve your farm

Bitcoin is believed as blockchain 1.0 while blockchain 3.0 tries to connect instantaneously to the real world to enhance living experience as well as working. As far as I know, we are just in the first stage of blockchain 3.0

[livingfree]

Does it mean farmers cannot use bitcoin to improve their peasant or plantation farm?

Yes, you cannot use bitcoin for that improvement but for its purpose, you can use it as an investment and payment because it's for everyone who wants to buy and adopt it.

What basic step is to make your own bitcoin wallet like Electrum or those exchanges wallet that will provide automatically conversion of bitcoin payments into USD like Bitpay.

If you happen to start accepting bitcoin, I think that's the next step.

And while you farm, you can hold it if you just bought it. Since you've mentioned business and farm, those are the things that I can connect for you to improve some business idea.

[goaldigger]

Bitcoin is a peer to peer electronics cash system while Agriculture is the production of crops and rearing of animals for man's use. I am a farm who is into subsistence and plantation farming in my country, but i find it difficult to use bitcoin to improve my farm the way others business men use bitcoin to improve their investment.how can i use bitcoin to improve my plantation farm? Does it mean farmers cannot use bitcoin to improve their peasant or plantation farm?
Kindly share your idea to help someone.

Bitcoin may not directly help you but if farmers know how to invest on Bitcoin, then this can provide other source of income for the farmers instead of relying on one source and since climate change is a big thing already, your crops might be wasted if bad climates hit your country.

I’m thinking for the usage of blockchain technology on a huge crops company but I don’t think blockchain will work to a small time farmer. To improve the life of the farmers, they must know their value and know how to deal with many people so they offer their crops at the right amount, you can also accept bitcoin to pay for your goods but then again, you still need to learn everything.

[Husires]

Bitcoin makes it easy for a farmer to avoid inflation, which may eat up a lot of his capital, making the possibility of expanding land.
Bitcoin is used as a store of value and you can conduct international transactions with it, and if the country's laws are tolerant of exports, you can easily export your stock without banking complications.
Bitcoin is not a solution to all economic problems. inflation is the current problem that Bitcoin solves for you with the possibility of increasing capital.

[verita1]

OP, Husires has given you a good explanation why bitcoin is good for the purpose you want or for anyone.
My recommendation would be that of your capital you invest 50% in bitcoin, 25% in an altcoin (ether or bnb), 25% cash. It is a pilot test try it with small amounts and if it is positive to cover your needs, repeat.

The idea is to save in bitcoin for a long time for future investments and in altcoins also because they will allow you to earn profits in the medium term to make your agriculture business more prosperous.

[Hydrogen]

Farmers could offer crypto support for buying produce, seeds, livestock, et cetera.

The addition of crypto merchant support could realistically boost sales 5% or more. It may also be realistic to mark up prices slightly on crypto transactions, the way that bitcoin ATMs do.

There are crypto based fractional real estate investment websites which allow consumers to buy and share in a small share of real estate ownership and profits. If may be possible for farms to offer a similar arrangement. There could be many consumers interested in investing in organic crops and homesteading. Offering them fractional shares of an organic farm (with a small dividend) could generate capital for expansion plans, funding more equipment and so on.

I think government laws and regulations. And terms that banks (who often own farm land) offer to farmers are the two largest factors determining farm viability, business and profit models. Those two areas may be difficult for crypto to have an impact. But there are other areas, which could have potential.

[Oceat]

Bitcoin has a lot to offer just like how the other businesses use Bitcoin as a means of payment. It's either you want Bitcoin to be another source of investment or use it as a means of payment because it is a currency also. And I think that's the only way how you use Bitcoin to help grow your agriculture business or you can choose the investment part.

I can't think any other way of connecting the two as nature and technology but I think somehow, someday, someone will make an innovative creation to make use Bitcoin in a natural environment such as forest or agriculture.

[Cling18]

If you're in a developing country, then you should wait until the agricultural world accepts and adopt cryptocurrency. If you want  your farm business to grow this time, then convert your funds to fiat so you could have your Bitcoin useful for your field of business. There are still fields of businesses that need mass adoption and it still takes time for that to happen.

[AniviaBtc]

It is sad that in reality, there is still adoption of bitcoin in terms of agricultural sector and this enlightened me that it can also be used in this type of locality.

Hoping that bitcoin will be applied in agricultural area so that they see how bitcoin works and this will be the edge for the bitcoin adoption in rural areas.

Both are important and I think that if these two combined and connected into a system, it is probably become a way to another development in the community.

[Taskford]

Bitcoin is a peer to peer electronics cash system while Agriculture is the production of crops and rearing of animals for man's use. I am a farm who is into subsistence and plantation farming in my country, but i find it difficult to use bitcoin to improve my farm the way others business men use bitcoin to improve their investment.how can i use bitcoin to improve my plantation farm? Does it mean farmers cannot use bitcoin to improve their peasant or plantation farm?
Kindly share your idea to help someone.

For now if you want to have an improvement of your farm by using bitcoin you should announce that you are accepting bitcoins in every transaction made by your buyer, I'm sure for this you will be the content of the news or maybe became a headline of many crypto related articles and from that you will get a free attentions from investors.

Be the first who do that on your place since once you do that I'm sure your fellow farmer will follow.