In the past two years we have seen unprecedented power grabs, and disruptions to supply chains. This almost perfect alignment of big governments, banks and companies should cause serious concern in the agricultural industry. The most significant threats to freedom and our survival, as businesses or individuals, are these moves. Bitcoin should make sense if you are a proponent of resilience and biodiversity. Bitcoin is ultimately a way to protect biodiversity.
Power and money were concentrated long before COVID’s hysteria. My main concern was the corporatization in the agriculture sector long before legalization became a buzzword. The cannabis industry had the ability to be the most obscene manifestation of the big tobacco, big agriculture, and big pharmaceutical industries at the same time. We knew this deep down. This is happening before our eyes, and many of us are feeling helpless. Most in the industry struggled for years to get the basic necessities. financial A parallel service is available to any business that has a legitimate purpose. financial The system has emerged as a serious alternative to the old, broken system. We’ll examine our options and see how they can support the dream we have for cannabis, for medicinal plants but also the agricultural industry.
Broken legacy systems
The central bank’s credit scheme is well-known. It creates money from thin air and unfairly distributes it throughout the economy. Insiders get the bulk of the benefits, with plebs getting crumbs for survival, paying interest to the banksters. Both consumers and business take on more debt to succeed and buy the things they need. Or, sometimes, it’s to satisfy their advertising-induced desires. Sustaining the Creating a Capital intensive It is difficult to run a successful cultivation business in such conditions. In these conditions, a family-owned business is at risk of failure.
It is possible that you are wondering what the relationship between monetary policy and plant breeding, or plant patents. Fiat encourages an annuitant system, which is a concentration of resources and power. It also creates artificial moats that prevent competitors from coming into the market and providing better alternatives to society. The two go hand-in-hand. To pay back their debt or to deliver the expected return to investors. innovators need to acquire exclusive rights over biology (e.g. plant varieties) to grab unjustified and unreasonable margins for long periods of time over a newly bred varietal. This system encourages breeding to restrict access to cultivars. By doing so, it prevents other breeders from improving the gene pool, leading to biodiversity destruction by creating single failure points in preservation efforts. This system also encourages predatory behavior by farmers who are punished for accidentally violating patents while growing proprietary varieties. Ask corn and cotton farmers who got rekt by Bayer, Syngenta or Dupont after their fields were cross-pollinated with proprietary pollen from neighboring fields during windy days…
Please allow me to clarify a few things. Patents on technology can absolutely be legitimate to enable returns on capital intensive R&D. But patents for technology are still a legitimate way to generate returns on capital intensive R&D. Biology There are two main reasons why it is unethical:
- It is possible to tap into a genetic pool in the public domain. “commons” (i.e. Big Ag originally used public-domain varietals in breeding patentable varietals.
- Transhumanism and GMOs are both influenced by them.
The more money that central banks create, the greater the concentration of markets and less innovation on the market. The amount of money printed by central banks has a negative correlation with biodiversity in plant breeding. This is because fiat currency encourages monocultures. The cannabis industry is at a record high in debt despite these predatory proprietary practices. The majority of these zombie companies will never pay off their debt. In its collapse, the house of cards is going to hurt many, even those who helped build it, like small family businesses.
In the last few years, cannabis has seen a rapid consolidation. Canada and California remain far away from the legalization dreams many of us held. The market is flooded with low-quality corporate mids, (cannabis that’s not of the highest quality), sprayed in synthetic terpenes. This race to the bottom is a familiar pattern.
Craft products of high quality should have a place in the market. These products would be difficult to sell in a fiat system, which requires large economies of size and up-front capital. A bitcoin-centric market would reward producers for their quality, and not their artificial moats.
Which tools are best for a plant-lover who wants to live off his passion? It is a fact that you should know. open-source breeding is the most suited IP strategy for small breeders. It’s not worth fighting the war of patents with limited resources; you don’t have to face the crony companies sitting in your right. next Money printers are available. How can I win?source Why play with fiat currencies that are unfit? Bitcoin is here.
New paradigm of sound money
It is a money that can be used anywhere, at any time, and it stores enough value to satisfy the needs of its hardworking owners, all while protecting their privacy. This is money for value creators and not annuitants. In the end, it’s about the money to reward breeders that improve and maintain genetic pools. The scarcity of money is what creates conditions for abundance and biodiversity. How?
Imagine getting paid to do what you love. work Currency that increases in value over time. workImagine a currency that allows you to transact with people anywhere in the world, without asking permission from anyone and without doxxing you. Imagine being able to do business with anyone in the entire world without having to ask permission or be identified. It’s a big change for the growers and breeders that have had no banking service and relied on cash transactions to settle their business, with its inherent risks.
Bitcoin allows instantaneous, trustless, and permissionless transactions between two parties. Breeders and farmers can live from their passion: breeding and farming. Breeders don’t need to be litigious to defend their annuities, enforce patents or keep up to date with inflation. The people who have done so regret doing it, when they discover that they are not going to win Big Ag’s proprietary game. Patent enforcement is a costly process that small businesses and mid-sized companies cannot afford. Plant patents are a great way to lose money or be pushed off the market.
Entrepreneurs who thrive for financial Their energy spent on autonomy, freedom and ultimately hard money is what they want to turn into. The incentive for compromising biodiversity to maximise annuities and compensate fiat money melting disappears with bitcoin. Breeders and farmers can concentrate on their art while still storing their fruits. work The soundest currency available is the best option for long-term investment. Bitcoin allows small farmers to take part in the agriculture sector.
The cannabis industry isn’t the only one that bitcoins can solve. The issue of transaction settlement is a major one. Too many legal businesses, excluded from the banking system of traditional banks, have relied on cash for settlements. It is not practical or safe to have piles of money in the modern world. While these businesses pay tax like anyone else. Taxation is not taxing. financial representation. Bitcoin solves this. Due to its non-intermediate nature and trustless character, bitcoin allows cannabis business owners to secure transactions while not having them reliant on payment processors or banks. What cannabis business wants to pay high fees for processing and beg basic services from a bank? financial What if institutions have been sneering at this industry over the years? Why not use this obstacle as a competitive edge? The entire cannabis sector should move to Bitcoin and be ahead of the competition, instead of trying to get into the dying legacy systems.
Remnantal is the author of this guest post. All opinions are solely theirs own The views expressed herein do not necessarily represent those of BTC Inc. or Bitcoin Magazine.
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Source: bitcoinmagazine.com