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Author Topic: SOYBEANS : a bitcoin-counterparty non-gmo, food-grade soybean pre-order  (Read 3038 times)
hozer (OP)
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June 18, 2014, 12:41:08 AM
Last edit: June 19, 2014, 08:32:09 PM by hozer
Merited by nutildah (4)
 #1

I have issued 50,000 SOYBEANS on counterparty ( http://blockscan.com/assetInfo.aspx?q=SOYBEANS )

You can also look at http://www.gofundme.com/7ElementsSoy if you want fancy video marketing etc etc.

But here's the deal. When I get my soybeans harvested, I will exchange 1 SOYBEAN for 1 pound of actual non-GMO food grade soybeans, and if you live in Iowa/Minnesota/Illinois and order enough I might just deliver it to you personally with my E85 truck that will be running on ethanol made from the GMO corn I have planted in the other field.

What I want all of YOU crypto-day traders and speculators to do is get out your hype machines and promote the heck out of some crazy farmer in Iowa who, thanks to Satoshi and the Counterparty developers, thinks he's carrying a big enough crypto-stick to take on the Big Banks AND Big Ag and beat them both at their own game.

I'm hoping this will be remembered as the Satoshi Pizza or the Alpaca socks moment for cryptocoins, where a farmer decided to hell with the system, people want real food to eat, and cryptocurrencies issued by the real people who grow the food are the only way to play the payment game.

What I'm doing here is a Soybean CSA (community-supported agriculture), and because of the (mostly) distributed nature of sha-256 mining, I can get near real-time price discovery of what the market thinks my product is going to be worth. If this works right, I get cash now to cover the costs of growing the crop, and speculators can take the risk on whether I'll be able to deliver and what the market demand will be when I harvest.

Thank you for playing cryptofarmville for real.
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madmartyk
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June 18, 2014, 01:13:41 AM
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Does the US government pay you taxpayer dollars for your corn used in ethanol production?

MyFarm
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June 18, 2014, 01:16:34 AM
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I would like to purchase some but don't understand counterparty very well.  How do I buy some when I have Bitcoin?  I can't take delivery, is there a good charity that can take delivery?

I would like to help you bend the system over and shove soybeans up its ass.

Thanks.
hozer (OP)
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June 18, 2014, 01:44:40 AM
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Does the US government pay you taxpayer dollars for your corn used in ethanol production?

No, Monsanto got all the taxpayer dollars and I only got enough to pay for half a kilobyte for this snarky post.
hozer (OP)
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June 18, 2014, 01:47:41 AM
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I would like to purchase some but don't understand counterparty very well.  How do I buy some when I have Bitcoin?  I can't take delivery, is there a good charity that can take delivery?

I would like to help you bend the system over and shove soybeans up its ass.

Thanks.

The easiest way is take a look at https://counterwallet.co/ and click 'create new wallet' and send yourself a few satoshis. Finding a charity that would take soybeans will be a bit of a challenge, but we can figure that out later.
Bitcoin++
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June 19, 2014, 07:45:29 AM
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I would like to purchase some but don't understand counterparty very well.  How do I buy some when I have Bitcoin?  I can't take delivery, is there a good charity that can take delivery?

I would like to help you bend the system over and shove soybeans up its ass.

Thanks.

Go to Counterwallet.co. You get a seed to your account (no registration) and you MUST remember this seed to login again. You can transfer BTC to your counterwallet address. If the SOYBEANS are for sales in BTC, you can buy through counterwallet's interface.

BEAWRE: SOYBEANS may be a scam.
mindtomatter
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June 19, 2014, 03:17:54 PM
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Very interesting project, please email me adam@letstalkbitcoin.com to get on our editorial calender.

Let's Talk Bitcoin! Interviews, News & Analysis released Tuesdays and Saturdays
http://www.LetsTalkBitcoin.com - Listener Mail -> adam@letstalkbitcoin.com
hozer (OP)
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June 19, 2014, 06:02:17 PM
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I would like to purchase some but don't understand counterparty very well.  How do I buy some when I have Bitcoin?  I can't take delivery, is there a good charity that can take delivery?

I would like to help you bend the system over and shove soybeans up its ass.

Thanks.

Go to Counterwallet.co. You get a seed to your account (no registration) and you MUST remember this seed to login again. You can transfer BTC to your counterwallet address. If the SOYBEANS are for sales in BTC, you can buy through counterwallet's interface.

BEAWRE: SOYBEANS may be a scam.

BEWARE: SOYBEANS depends on Counterwallet, counterparty, and the bitcoin blockchain. If ghash.io decides they don't like it, they can block all transactions.

DISCLAIMER: This is not a currency, security, or any other sort of money transmission instrument. If you buy SOYBEANS, you are buying a pre-order coupon(s) exchangeable for 1 pound of food-grade non-gmo soybeans. The transaction is only considered final once the US dollars for selling the bitcoin actually end up in a 7 elements LLC bank account. If you transfer ownership of your coupon to someone else, I will need to know BOTH of your shipping addresses for the exchange offer to be valid. 7 Elements LLC will not be responsible for lost or stolen passphrases, bitcoin wallets, counterparty tokens, or any other technical problems. Any disputes will be settled via mediation in Minneapolis, MN, or Manly, Iowa. Shipping, local taxes, and export fees are the responsibility of the buyer.

This is a best effort *experiment*. Expect that *something* will go wrong, and I will make my best effort to fix what I can.
robbo389
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June 19, 2014, 06:07:17 PM
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Why not post your farm's address to convince people this is not a scam?
hozer (OP)
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June 19, 2014, 08:08:18 PM
Last edit: June 19, 2014, 08:28:09 PM by hozer
 #10

Why not post your farm's address to convince people this is not a scam?

Because if I were some scammer impersonating a real farmer I could post any old address I liked and nobody would know any better. Posting my address here also makes it easy for scammers to impersonate me. It also didn't do the users of MtGox much good to know they had an address in Japan.

If you are concerned, do some due dilligence and then order 10 lbs with fiat/Paypal through the online store at http://www.7el.us/store/p3/Fall_2014_soybean_pre-order.html, and then I will have a legitimate business reason to tell you my business address, and we'll both have some minor level of protection by using Paypal.

If you want to share your address in a private message, I'll send you a handwritten letter for out-of-band confirmation. I have delusions of being famous for doing this someday, so the physical letter is likely to be worth way more than any crypto-stuff if I ever get a contract to build an ecdsa-cracker

Hell, or just use one of the methods on http://www.7el.us/contact.html to contact me.
cryptshine
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June 20, 2014, 06:51:48 PM
 #11

This could be like the bitcoin pizza of the future Smiley
nutildah
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May 08, 2023, 02:00:55 PM
 #12

Hello, I'm interested in buying some of your SOYBEANS. I know its only been almost 9 years  Cheesy but the time is now. Mainly this comment is to test to see if you somehow (or anybody who commented in this thread) has their notifications on.

Am willing to pay BTC, ETH or DOGE for tokens like SOYBEANS.

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 MΞTAWIN  THE FIRST WEB3 CASINO   
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.. PLAY NOW ..
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