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Author Topic: I have failed too severely, time to give up?  (Read 439 times)
Z390 (OP)
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March 12, 2023, 01:36:11 PM
Merited by Obari (2), Huppercase (1)
 #1

I come from a hard-core farming family, and we are all involved in agriculture. I was able to get ( inherit) an acre of land from my parents, and I started my cocoa farming business in 2010. Since then, it has improved greatly, and I have been able to purchase a sizable amount of Bitcoin with the business, even though it is seasonal and can produce both good and bad results.

Although I did everything in my power to increase business adoption of cryptocurrencies, I gave away some Bitcoin and some other coins too, and Bitcoin was my primary goal to use as means of exchange , yet, I have failed badly.

Those who buy bags of cocoa from my farm are older illiterate people, I wasted my energy,  trying to even tell them the benefits that comes with paying with Bitcoin, they are not even ready to take advantage of my discount, then I stopped.

In 2020, two special buyers are now handled by younger guys, the sons, I thought I will be able to handle them and make Bitcoin payment a possibility,  it still doesn't work, these young lads are just like their old men.

So I give up, I decided to talk about this because I still find it hard to believe that no where in this world of agriculture is accepting Bitcoin as means of payment. 

Is there anyone into agriculture and farming that are accepting Bitcoin?

What advice do you have for me at this point?

Should I just give up for now and wait for the future maybe when Bitcoin gets more popular? Or Bitcoin and farming makes no sense together?

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March 12, 2023, 02:01:13 PM
 #2

If I were a cocoa buyer, why should I be paying in Bitcoin? Yes, there is a discount, but is that discount big enough that somebody who is not familiar with it will go through all the hassles just to be able to pay in something they don't have any inkling of?

If I were you, I'd rather not insist on my buyers to use Bitcoin. If they're using cash, they're probably more convenient with it.

I don't know which country you are from, but here, those who are in agriculture, especially those who are really on the ground, are the ones who are least techy. There's no point convincing them to use Bitcoin rather than cold cash.

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March 12, 2023, 02:21:02 PM
Last edit: March 12, 2023, 04:48:34 PM by CryptSafe
 #3

I know how frustrating it is after putting much efforts in achieving something and at the entire end it seems nothing is showing up, your efforts seems to be in vain. I understand your pain mate but you should know most elderly do not have that idea what bitcoin is. They are skeptical about it as they are not digitally inclined to be knowledgeable about it. You convincing them is a waste of time and another is their occupation, farmers spend their time mostly in the farm and resent to digital technology. They think it is a waste of time when all they do is virtually manual labor except for those into mechanised farming. The poor rural farmers would not think about bitcoin because they do not know what it is except the mechanised farmers who are exposed to technology.

You should better not stress yourself trying to convince the local farmers because they still would not give in except they show interest in it by themselves. I have come to realize one thing about humans that convincing a fellow who is not interested in something would never give in only when they pick interest in it or they are open to learning new things that is when they would give you a listening ear otherwise forget about it they would not listen to you. What I would advise you to do is to make bitcoin payment optional for them and continue your trading with a little enlightenment on bitcoin to them gradually the ones ready will definitely pick interest.

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March 12, 2023, 02:32:39 PM
 #4

Give up on what? Promoting bitcoin? Since you are doing it voluntarily, it is up to you. Nobody will blame you if you do that. We all have our own problems in life and sometimes we just don’t have enough time and energy to go after the other things. Priorities basically. Just do what you want to do, do what makes you happy. You didn’t sign any papers when you started your journey did you? Then why would you or anybody else care about what you do? (Or don’t do for that matter)

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March 12, 2023, 02:47:06 PM
 #5

Who said you have failed? You have not failed bro. because you did your best to introduce it to them. Your location and their level of education is affecting their level of reasoning. I guess you are staying in the rural area which means they are not really exposed to information technology.

It is not everyone that must accept or deal with Bitcoin. Bitcoin is not for everybody, it is just for a selected few for now. But you don't need to stop trying because you might meet someone that will be interested. I know you want to spread Bitcoin awarenesses but you should not be burdened with it. See it as fun and not a do-or-die affairs because it seems you are taking it too seriously. Accepting Bitcoin should be voluntary and not by compulsion.

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March 12, 2023, 02:48:58 PM
 #6

Should I just give up for now and wait for the future maybe when Bitcoin gets more popular? Or Bitcoin and farming makes no sense together?

From my understanding you haven't lost any money, maybe some time, but that's all. That's not really "failed too severely" imho, I think that you're too harsh with yourself.

Now to your question: keep in mind that there are still a huge lot of people, many even into IT for example, who don't care about bitcoin. So expecting people in farming getting instantly interested into bitcoin is unrealistic.
Even more, if they don't invest into bitcoin (don't trust it) and if they don't actually need to use bitcoin (because they can transfer money via banks and similar institutions), it's not unusual they won't care about your goals/interests.
Sadly, if there is banking infrastructure available, people tend to care (especially at first) only of bitcoin-as-investment (if at all) than of bitcoin-as-money.

So it's not so much about farming. It's more about what (infrastructure) the people have around them and whether they are interested in investing in this or not. I find this somewhat similar to us (humans in general) looking out for alien life. It's rather unlikely to find that, but that doesn't stop us keep searching and not seeing the lack of results as a "severe failure".

But it's your time and energy, so it's up to you whether you give up or continue. I will add only one small detail: when a new bull run/FOMO bubble will start, people will become much more interested in bitcoin than they are now. But if they'll invest then, there's a reasonable chance (depending on how late they invest) they'll be at a loss in the following crypto winter (and may blame that to you).

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March 12, 2023, 02:55:00 PM
 #7

I know what you're trying to accomplish is very good, but to me I feel those people should accept Bitcoin willingly rather than then using because they'll receive some discount from your business. What then will happen when you no longer offer discount to those that are using Bitcoin? Since at the beginning they adopted Bitcoin due to the fact that you incentive the usage of Bitcoin and when that option is no longer available they are surely going to abandon it.

Another concern is their age, how sure are you that they will be able to handle losses? From the business you're running I'm not sure if they will have enough funds to cover/sustain and continue doing their business when the market condition is not good. So you should respect their decision of using fiat since they're more comfortable with it.

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March 12, 2023, 02:56:09 PM
 #8

I don't think you have to force bitcoin to be used like that directly, make bitcoin as an alternative means of payment for them. Especially if your customers don't understand bitcoin, it will definitely be very difficult for you and them. For a while I think you have to educate them slowly and make a better offer to make them more interested in the promotion you have used.
If selling your cocoa is still within the scope of the area where you live it will be very difficult for you and other people if it is not accompanied by educating your customers about what bitcoin is and how to use it and exchange it.
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March 12, 2023, 03:11:16 PM
 #9

Sometime ago, I wrote about the use case of Bitcoin in agriculture as apayment form agro equipment. In your case, if you deal with the local farmers directly or you have people who work on your farm, payment in Bitcoin may not be feasible as they have not been exposed to Bitcoin. However, if you have the finished agro products, you may decide to accept Bitcoin as a payment option for the sales of the goods. You may also pay for equipment from abroad in Bitcoin. Aside from these, nothing else comes to mind.

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March 12, 2023, 03:23:29 PM
 #10

First of all, why are you even forcing this technology to sectors? Let them be. If you are that eager in this industry then directly invest into it without pushing other merchants or sector to use it as a mode of payment. Continue your agricultural business and invest your profit to this technology, as simple as that. Not all people are knowledgeable or even interested with risky assets and investments. Better make your own adjustments then than to rant with things you cannot even controll in the first place. You are free to share information if you really care but that is way different from persuading them to engage with what you are interested of.

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March 12, 2023, 03:38:30 PM
 #11


What advice do you have for me at this point?

Should I just give up for now and wait for the future maybe when Bitcoin gets more popular? Or Bitcoin and farming makes no sense together?


If you are in business, you should accept kinds of mode of payment for your customers convenience. What can you do if two old people just want to buy some cocoa then you will ask them to pay with bitcoin which they have no idea what is it. You can simply put a sign "bitcoin payment accepted here" so people may have an idea with bitcoin. You already said that you're doing good in your business, you can still invest in bitcoin without asking your customer to use bitcoin as payment. Because if we say "bitcoin" people would think that is a part of crypto which they have no idea and wouldn't risk to try it. Why would they hassle themselves if they can pay normally right? Don't give up, farming is hard but its a good business which I respected a lot since they help to supply needs for people.
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March 12, 2023, 03:51:00 PM
 #12

Since then, it has improved greatly, and I have been able to purchase a sizable amount of Bitcoin with the business, even though it is seasonal and can produce both good and bad results.
---
So I give up, I decided to talk about this because I still find it hard to believe that no where in this world of agriculture is accepting Bitcoin as means of payment. 
---
Should I just give up for now and wait for the future maybe when Bitcoin gets more popular? Or Bitcoin and farming makes no sense together?

Your problem is actually that you expect that these people should pay in Bitcoin, regardless of the fact that they may be ordinary peasants who are poorly educated and work in the fields from morning to night. The thing is very simple, you add the option of paying in Bitcoin, and you tell people that this option exists - everything else you do in this regard seems to put pressure on customers and maybe they will stop doing business with you in the future.

After all, you can always use your earnings to buy Bitcoin. You are overcomplicating things that should be quite simple.

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March 12, 2023, 03:55:10 PM
 #13

Bitcoin can be used as a payment. But for your case, where not many people know about bitcoin, I suggest you not to tell about bitcoin first and keep making payments as usual. Maybe bitcoin is still difficult for those who are used to using normal payments. So even if you explain in more detail about bitcoin, it seems they are also not interested at all.

It is a challenge for you, but again, the time and situation are not right to explain bitcoin. So I suggest postponing your plan to use bitcoin as an alternative means of payment. You should not force them to comply with your wishes because they are already comfortable with what they have done.
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March 12, 2023, 03:55:37 PM
 #14

Giving up just because they don't want to agree to what you want them to pay you with bitcoin? That seems like a superficial reason, maybe you just lack the right explanation to them, as long as you simplify the explanation they will really have interest.

    Maybe because you told them to pay you bitcoin and you just taught them how to create an address and so on, of course in that case you have no interest to be seen by them. Maybe change your approach to them, it should be in line with their understanding so that they have an interest in what you say. And when that happens, you're in agriculture that's how bitcoin will be reported as a payment method.



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March 12, 2023, 04:02:58 PM
 #15

Not really sure where you reside, but had you made your research first or at least consult the people around your area if they are even at least interested to learn more about crypto like Bitcoin? Just like what others mentioned here, the people around you does not seem like to be interested at crypto at all and you even mentioned that there are "illiterate" people there.

You did not fail, OP. You just did not do the pre-requisite things to consider before you made Bitcoin as a payment method. Well I do not have idea on how advanced agriculture is to other countries, but I am pretty sure that cryptos are not yet part of many businesses relating to agricultural industries out there. I wouldn't say that you should give up, but maybe hold the usage of crypto for now, maybe?
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March 12, 2023, 04:06:46 PM
 #16

I come from a hard-core farming family, and we are all involved in agriculture. I was able to get ( inherit) an acre of land from my parents, and I started my cocoa farming business in 2010. Since then, it has improved greatly, and I have been able to purchase a sizable amount of Bitcoin with the business, even though it is seasonal and can produce both good and bad results.

Although I did everything in my power to increase business adoption of cryptocurrencies, I gave away some Bitcoin and some other coins too, and Bitcoin was my primary goal to use as means of exchange , yet, I have failed badly.

Those who buy bags of cocoa from my farm are older illiterate people, I wasted my energy,  trying to even tell them the benefits that comes with paying with Bitcoin, they are not even ready to take advantage of my discount, then I stopped.

In 2020, two special buyers are now handled by younger guys, the sons, I thought I will be able to handle them and make Bitcoin payment a possibility,  it still doesn't work, these young lads are just like their old men.

So I give up, I decided to talk about this because I still find it hard to believe that no where in this world of agriculture is accepting Bitcoin as means of payment. 

Is there anyone into agriculture and farming that are accepting Bitcoin?

What advice do you have for me at this point?

Should I just give up for now and wait for the future maybe when Bitcoin gets more popular? Or Bitcoin and farming makes no sense together?

I know it must be really frustrating to teach people about bitcoin yet they don't really wanna utilize the benefits.
You can't really convince a person who don't "want" to get convinced.
You should stop trying so much and just keep the option of cryptocurrencies open while accepting fiat payments too.
Those who really want to utilize the discount and are willing to put in the efforts to learn more about bitcoin then they will come to you directly.
You don't really have to push yourself so much just to get annoyed.

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March 12, 2023, 04:15:46 PM
 #17

I rather think you should do more of educating the young lads about Bitcoin, instead of telling them to pay with Bitcoin. I think your location has a great deal to play, when it comes to BITCOIN as a means of payment wether is an agricultural produce or not.

Ordinarily by mere engagement, you will know the the literacy level of Bitcoin by your customers before asking them to pay with it.
 I believe you should do more of the educating them time after time, till they are well conversant with the payment option your giving them.

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March 12, 2023, 04:45:02 PM
 #18

Alternatively, why not buy btc with the income you earn from selling cocoa to your local buyers? the awareness of btc is tsill very limited in urban cities let alone rural communities.
It is difficult for some people to pay with their btc knowing what they can get if they hold for even a longer period. So instead of waiting and hoping one day, people will buy your cocoa with btc better to invest in it with the money earned and still profit either way.

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March 12, 2023, 04:54:28 PM
 #19

Should I just give up for now and wait for the future maybe when Bitcoin gets more popular? Or Bitcoin and farming makes no sense together?
If you notice that people around you do not yet know about bitcoins and how it can be used for transactions, you have to first organize maybe a lecture where you can invite your fellow business people in agriculture, your customers and interested people to learn about a new payment method. That sounds more attractive than trying to introduce and convince people at the point at which they are about to pay for goods to consider a new transaction method, they will not want to listen at that point because they are interested in completing their transaction with you and leaving with their goods.

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virasog
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March 12, 2023, 05:13:12 PM
 #20

Should I just give up for now and wait for the future maybe when Bitcoin gets more popular? Or Bitcoin and farming makes no sense together?

Unfortunately, most farmers are uneducated, and they may find it challenging to understand bitcoin and the importance of the digital currency. Anyways you do not need to lose hope as with the passage of time bitcoin adoption will increase in every field of life. You should continue your struggle as it will be rewarded one day.

Sometime ago, I wrote about the use case of Bitcoin in agriculture as apayment form agro equipment. In your case, if you deal with the local farmers directly or you have people who work on your farm, payment in Bitcoin may not be feasible as they have not been exposed to Bitcoin. However, if you have the finished agro products, you may decide to accept Bitcoin as a payment option for the sales of the goods. You may also pay for equipment from abroad in Bitcoin. Aside from these, nothing else comes to mind.

Also, a lot depends upon the approach of the government regarding cryptocurrencies. If the government shows some willingness to adopt bitcoin, then local farmers will find it much easy to accept bitcoin.

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