If #BTC , as a P2P decentralised currency, is not used to support local farmers and descentralise food production and distribuition, what will be its use during a crisis such as COVID or if government freezes peoples money?
A decentralised P2P currency needs to foster the descentralisation of essencial goods and services, such as food production and distribution, health, and communication. BTC won't change (descentralise) these areas if it's mainly used as a store of value. It needs to flow and nurture areas providing for basic human needs. Don't forget that while regular people can only buy BTC slowly (due to their already fragile economic situation) in order to save resources and build wealth, most super rich people are buying land.
#asknostr #industrialagriculture #foodsystem #bitcoin
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What about HODL?
Again, I’m just trying to understand the true value of a descentralized currency… If one already has land perhaps HODL is a good strategy, but I think BTC can be useful to acquire land and that after buying it it should be used as currency instead of value reserve.
nostr:npub1trr5r2nrpsk6xkjk5a7p6pfcryyt6yzsflwjmz6r7uj7lfkjxxtq78hdpu please have a look.