Food security might not be a priority for younger generations. (2)

[0t3p0t]

*Reposting this topic from my post in other forum.

There is a huge possibility of younger or new generations adopting cryptocurrency investments compared to them getting interests on farming and food related sectors. What do you think? Does it have a good or bad effects on our economy?

[Yamane_Keto]

Bitcoin and cryptocurrencies are considered a high-risk investment, and no one with experience in the market will advise you to put all your money in such an investment, but to invest money that you do not need and a certain percentage in Bitcoin. If you can save $500 a month, then investing $300 in Bitcoin will be good. Bitcoin is considered an investment, so at the end of this investment it will be converted into liquidity and used either to buy a property, a car, or a production/service project. a wise investment in Bitcoin will inevitably lead to positive results on the individual level and vice versa.

There will be an increasing demand for the agricultural and food sectors, and increasing prices and profits will encourage supply, so the effect of Bitcoin will be positive if you invest intelligently.

[franky1]

*Reposting this topic from my post in other forum.

There is a huge possibility of younger or new generations adopting cryptocurrency investments compared to them getting interests on farming and food related sectors. What do you think? Does it have a good or bad effects on our economy?

most farms are industrialised. its no longer the era of families raising kids to take over the tractor when the dad gets old.. spending years learning about toiling, sewing, spraying and harvesting
these days a company hires a guy seasonally to drive a harvester to mow 20x adjoining fields in one go, that used to be owned by 20 families. a harvester that is modern to a point even a bus driver can drive it with 1day training

we also see things that need to be picked by hand. companies have agencies that hire foreign workers to work for a season, agencies that do all the working permit stuff, and handle the transport and lodgings.. and simple training. it doesnt take much to train someone to do one job repeatedly

gone are the days where kids learn all aspects of farming from parents or go to agricultural school to be a know it all. these days its people with business studies that learn to run businesses and hire temps and a trainer(agency with a trainer on contract)

these days kids get into doing side hustles like investing because the need for them to run the family farm are gone. plus kids these days would prefer being tiktok influencers hiring lambo's for a week and filming shorts at midday, rather then waking up at dawn to dusk driving a tractor all day

filming 52 shorts of 1min length, over a week is only part time work. but yields a years worth of tiktok publishings that can earn 52 x $1k min over a year>$50k. far better pay for far less work compared to <$50k a year farming dawn til dusk

[radjie]

Most of the younger generation is more interested in the current digital era, they would prefer to be able to grow the money they have by investing, whether choosing deposits in banking or investing in crypto.  The younger generation's interest in the agricultural sector is of course very rare. This must of course be taken into account so that the next generation is not interrupted from being interested in investing in the agricultural sector by collaborating with traditional and modern methods. For example, they invest in crypto, the profits are extended to the agricultural sector

Previously, they also had to be able to form a community so they could work together

[Argoo]

*Reposting this topic from my post in other forum.

There is a huge possibility of younger or new generations adopting cryptocurrency investments compared to them getting interests on farming and food related sectors. What do you think? Does it have a good or bad effects on our economy?

Every person needs to eat regularly and have a balanced diet for good health. And there are big problems with this, since the climate on our planet is changing dramatically due to human activity. The ambient temperature is rising quite quickly, glaciers are melting and will lead to the flooding of many areas in different parts of our planet, in others the temperature will rise so much that it will be uninhabitable. All this will significantly reduce the remaining land area processed for agriculture. Consequently, the cost of food will increase sharply.

People in the near future will look for additional opportunities to create artificial food, for example, by properly processing oil and gas, instead of wastefully burning them as fuel. Therefore, the role of food and agriculture will increase.

Finance itself is not the answer to every problem. They themselves do not create material wealth, but only redistribute the flow of money. An entire generation cannot engage in finance and investing. Because there won't be anything to eat. In this regard, I do not think that the younger generation will dramatically change anything in the employment structure of the population.

[yhiaali3]

Economic diversification is required. The trend of all young people investing in the crypto field and leaving other important sectors such as agriculture, food, industry, etc. will certainly have bad economic effects on countries where such a phenomenon is widespread, especially in poor countries.

Of course, most young people want to leave work in tired sectors such as agriculture and industry and go to the easier and more profitable field of cryptocurrencies, so it is the duty of society to create a kind of balance so that these sectors that are necessary for the survival of any society (I mean agriculture and food) are not displaced.

[Majestic-milf]

*Reposting this topic from my post in other forum.

There is a huge possibility of younger or new generations adopting cryptocurrency investments compared to them getting interests on farming and food related sectors. What do you think? Does it have a good or bad effects on our economy?

From one angle, as more youths delve into Bitcoin, it creates more financial freedom and since most young ones value interactions made online, Bitcoin is a peer to peer technology, which enables you conduct transactions online without needing a bank to serve as an intermediary hence it fits the bill. Bitcoin is like a social innovation amongst the youths and it has given a whole new light to doing business online.
 While on the other hand, it's necessary that youths pick interest in farming and agriculture as they can be able to add a new method to farming instead of the conventional ways. They have an edge over the older ones as they can make better research on how to grow a crop and help in the growth of the economy. The importance of food can't be over stated but many youths shy away from this venture as it's regarded as menial and dirty and a waste of resources. It's easy to complain that the prices of food are high but no one wants to put in the work.
 
 I feel that the more people especially the youths decide to venture into agriculture, putting their energy and youth to good use, the mindset of others will change from agriculture being a thing for the elderly people, but I guess humans will always have a choice.

[lovesmayfamilis]

Investing should always have a purpose. Why do people invest? To make a profit. And then many plan to do something with this profit. Creating your own business will be the right choice. Money must work. By making a cycle of profit from the source of investment into business and back, it will create very convenient conditions for farming and many industries.

[Kakmakr]

I do not agree with you.... people are drawn to activities that has to do with nature. Have you seen the documentaries about rooftop farming in urban cities? These people cultivate crops on top of buildings.

Yes, farming might change and it will become more mechanical (automated), but there will always be people with green fingers, willing to plant something to produce food and to profit from that.

[sunsilk]

There are pros and cons for everything like if there's no new generations of farmers and crop makers then who's going to make our foods?

But sadly, can't also blame the new and younger generations today because of what the technology is bringing up to the world. Traditionally, there should be a passing on these jobs depending on the culture of each family.

Those that have farming business usually passing on the business to their younger members but what if most of their younger members don't want to become farmers anymore?

I believe that there will be a bit of problem on it but then it's gonna be solved. Technically, farming have been easier nowadays because of machineries but that's not what the newer pals see.

There's also the backyard farming and instead of going to be into the actual huge farming and producing, it's more of an aesthetic matter nowadays.

[poodle63]

well honestly, they could invested in automation of agriculture, i think the yield will just be as massive, though arguably crypto thrive because of its nature, rising in short term is very common with crypto meanwhile investing in agriculture will require long term period for it to make ROI and make profit further.
gen z not investing in agriculture is just them knowing that food nowadays are plentiful, so they don't have the sense of urgency with food.
only when food crisis arise it will become apparent that the need of food simply outweight the other, honestly, they could just invest in both, maybe when they got some good profit out of crypto investment, try to build agriculture business, thats the best.

[retreat]

I don't think so, nowadays young people are also interested in getting involved in agriculture because it is a basic need for many people. However, different from the older generation, young people prefer to develop their agricultural fields using more sophisticated technology which increases the efficiency and effectiveness of agricultural fields.
But it's just that currently the government is not really focused on the agricultural sector, especially in terms of prices of agricultural products, this makes young people a little hesitant about getting involved in this industry. If only the government could care more about the welfare of farmers, perhaps more young people would join this field.

[Zoomic]

The young generation are only Interested in tech and lots of other digital assets/investments. Investing in cryptocurrency is good but what is investment without food to eat? It is actually true that a very good percentage of the youth are not Interested in farming, even the ones who were raised by parents who are farmers. This is evident in the fact that we have more young people clamouring for digital investments than people talking about farming. We only have few younger people who are passionate about farming and have tried to make farming more attractive by developing some interesting agricultural technologies to make farming less stressful and productive so the youths can embrace it.

Economic diversification is required. The trend of all young people investing in the crypto field and leaving other important sectors such as agriculture, food, industry, etc. will certainly have bad economic effects on countries where such a phenomenon is widespread, especially in poor countries.

Of course, most young people want to leave work in tired sectors such as agriculture and industry and go to the easier and more profitable field of cryptocurrencies, so it is the duty of society to create a kind of balance so that these sectors that are necessary for the survival of any society (I mean agriculture and food) are not displaced.

We are experiencing partial Scarcity of food and an increase in the prices of food and raw materials these days because most of us have neglected the agricultural sector for cryptocurrencies and other high returns investments.  We just need a balance in our society  where no sector of the economy becomes overcrowded or neglected as the case may be. With the recent advancements in agricultural technologies, I am optimistic that more young people will come to embrace farming

[franky1]

We are experiencing partial Scarcity of food and an increase in the prices of food and raw materials these days because most of us have neglected the agricultural sector

we have not experienced food scarcity due to lack of kids working family farms.. industrial farming has meant kids can diversify and find other jobs in other employment sectors
food still exists.. fertile land still exists, however what is grown has changed

generations ago the UK main food staples were:
potato, swede, turnip, parsnip, carrots broccoli, brussel sprouts, cauliflower, cabbage, peas, greenbeans,
however industrialisation and international trade caused people to change their diets to things like cheap baked beans and tinned spaghettios instead of pea's and carrots and broccoli..

so farmers then looked into whats next profitable. and things like wheat and corn grew more and pea's/carrots less
wheat and corn which became hidden ingredients in processed food
even things like asparagus have changed from a luxury to a dietary desire

there are plenty of fertile fields to produce more then peoples needs. but when people start eating processed imported foods the fields then are used to then produce ingredients rather than dinner-plate vegetables.
the amount of bread consumption has increased but vegetable sales have declined
the amount of imported beans, avocado, almond milk has increased, but sales of home grown veg has declined
fields farmed just to get soy, corn syrup, rapeseed oil, has increased, but sales of home grown veg has declined

more yellows and browns are grown and less greens and reds are grown

the volume and variety has increased. but the amount of proper domestic vegetable-on-dinner-plate has decreased

when 2x400g tins of baked beans are £0.60 total for 800g. but a 800g of mixed veg is £1. then deters people from buying mixed veg. which then declines demand and causes farmers to change what they plant. they then try grabbing at the bread and almond milk market or the asparagus market

its not that there is a lack of kids interested/needed for farming, it is to do with the industrialisation of farming(thus not needing kids as after effect)

[Die_empty]

*Reposting this topic from my post in other forum.

There is a huge possibility of younger or new generations adopting cryptocurrency investments compared to them getting interests on farming and food related sectors. What do you think?

If you have ever been into farming you would not assume this way. Bitcoin is not the only profit-making business in the world, there are others and agriculture is one of them. I have been opportune to engage in farming and I can tell you that it gives profit within a short period. If you are blessed to have a bumper harvest, you are sure of above a hundred per cent profit. Just like every other investment, it has risk but I can vouch that it is highly profitable if you understand the business.

I don't think crypto adoption and investment will stop farmers from growing food. One needs to have money to invest in cryptocurrencies and one needs to make money through different means including farming. Investing in cryptocurrency is not a full-time job, so farmers will continue farming even when they have invested. Many crypto investors are gainfully employed in different fields.

Does it have a good or bad effects on our economy?

Agriculture is an important sector of the economy. Neglecting the sector will affect any nation in diverse ways. It can lead to scarcity and an increase in the price of food which would cause starvation and death. It can also cause a nation to have an unfavourable balance of payment due to over-reliance on imported agricultural products. Depending on other nations agricultural produce could be used as a military or political tool against the receiving nation.         

[Jatiluhung]

*Reposting this topic from my post in other forum.

There is a huge possibility of younger or new generations adopting cryptocurrency investments compared to them getting interests on farming and food related sectors. What do you think? Does it have a good or bad effects on our economy?

In terms of long-term effects, this will clearly influence the economic strength of the next generation. Because economic strength is not only about getting big profits in investment but also in food security. And yes, young people nowadays very rarely want to enter the realm of agriculture. Because currently the profession as a farmer is really a profession that not many young people are looking at. Even parents rarely remember their children about how important agriculture is. Which concerns food security and also greening the land to make this earth free from global warming.

Nowadays everyone is more busy with how to get rich. And yes, that's not wrong and is normal. It's just that maybe we personally have to start having a hobby of planting trees or something like that. The point is that agriculture is no longer in demand as a profession. But we must be able to make agriculture a trendy hobby for young people. But to get there requires ideas, capital and good preparation. And for those of us who are still fighting for our own lives, we still don't have time to think about this. And so does everyone else.

[cryptomaniac_xxx]

*Reposting this topic from my post in other forum.

There is a huge possibility of younger or new generations adopting cryptocurrency investments compared to them getting interests on farming and food related sectors. What do you think? Does it have a good or bad effects on our economy?

I guess it's a different generation. Maybe in the last 40-50 years, those generations are looking for farming so that they will have food in the table during those times. But in this decade, it's all about investments, not just crypto but all other assets like stocks and gold or even oil and real state.

I wouldn't say that it's bad or good to our economy, again you have to look at where our generation is going. I know that there are warnings all over the place that there could be short shortage in the next 5 years or so. But with the current mindset of young generations, maybe it sounds bad, but it might not be their priorities in life. But in any case, if there are still people in rural areas that are into farming, then they might have the advantage. But still though, that is still the problem of the government on how they are going to tackle the food shortages in their country.

[Arenga pinnata]

*Reposting this topic from my post in other forum.

There is a huge possibility of younger or new generations adopting cryptocurrency investments compared to them getting interests on farming and food related sectors. What do you think? Does it have a good or bad effects on our economy?

As a young generation I feel this way. I'm also more interested in investing in crypto in my current state. Because I chose crypto not because I ignored agriculture but because I really needed the crypto industry to make a profit and earn income. If I were someone who came from a rich family or from a family that had a large agricultural land, maybe I would be more involved in farming with my family. But unfortunately my family doesn't have much land that can be used as agricultural land. Because currently most of the agricultural land is controlled by large companies and we cannot do much with limited agricultural land. So we still have to struggle to find income from other sectors. And yes, one day food security will probably be thinner. And actually we can't blame anyone. Because the current conditions make it difficult for us to get involved in the agricultural sector which actually no longer brings high profits.

Animal feed prices rose rapidly but livestock meat prices remained the same and did not follow higher increases. And so did fertilizers increase rapidly, while the price of crops remained the same and did not increase much. So anyone will definitely start leaving the agricultural sector. Not because they are not interested, but because it is no longer profitable for small farmers. except for those big farmers who have a lot of land.

[Wexnident]

Well, a lot of the areas most people live in are industrialized already, so it isn't a surprise why the majority aren't interested in it. It's not crypto in general really, it's anything tech-related since in the past few decades there's been a LOT of development with regards to it, ones that you wouldn't have thought to have happened only in a decade or two (which sadly involves Tiktok).

It also doesn't help that food-related sectors are pretty much solid in terms of foundation already to the point where there's a guaranteed list of investors who would support their process and growth. I wouldn't say it's bad to the economy really, I mean any possible development in tech can also help in the development of the food industry in the future who knows. And as I said already, food industries can stand on their own already even without the interest of the younger audience, and would be able to do so in the near future as well since they're a vital part of the basic needs of a human. Assuming they'd fall simply because people are more interested in tech seems kind of over exaggerated.

[demonica]

Investing in crypto is something anyone can do, regardless of how much money they have for investments. And of course, younger generation are mostly interested in crypto investment because of technology. Older generation tends to find it too complicated and hard to understand the basics of technology, what more if it involves investments. But for the food sector, I kinda doubt that. Even if the younger generation are getting into crypto nowadays or even in the future, food related sectors will still continue. Obviously, giant food businesses will continue their business and will pass it to their next heir/generation. So regardless if these people becomes interested in crypto or not, they will still manage and run their business in the food industry. As for farming, if you own a business operating huge farming land, there's no problem doing that. But for low income farmers, especially in cases like here in my country where they really get deprived of benefits and such, you would want to achieve more in terms of career than rely solely being a farmer.