I cannot comment on the possible role of Bitcoin, but . . . it is valuable to remember what "real food" was prior to breakfast cereal, Crisco, and margarine. As a child my mother baked with Crisco and we put margarine on our vegetables. I was maybe 24 before I quit buying margarine and shifted to butter (and never went back).
after moving in with my stepdad I was introduced to organic gardening, household livestock, and raw milk. butter turned out to take a little getting used to but tastes so much better than margarine. was super healthy during that 7 year span.
college, I was extremely poor, went back to processed foods. around age 26 I started buying butter again, more for the taste than to avoid the chemicality at first.
now that I'm twice that age I totally understand where my stepdad (rest his soul) was coming from, and I have a rapidly-decreasing and pretty short list of things I'm still willing to consume from the grocery store.
Farmers markets seem like a good alternative to grocery stores that inventory food stuffs for retail sale. I buy veggies, fruit, meat, and milk products from a local grocery store. I buy bread from a baker/bakery. I prefer to buy veggies and fruit from a farmer's market, but rarely attend the local one. I still feel guilty about that.
Add to all this insider information from a farmer:
(1) To compete, all but a rare few farmers farm the same soil year after year. We add a bit of nitrogen here, a little lime there and we have really good looking GMO corn (good luck trying to find non-GMO seed for a hundred acres) that is, in reality, nutritionally hollow.
Consider the bags of fertilizer you see sold downtown. You'll see labels like PNP, or NPN and so on. In other words, just a few ingredients that make the crop/grass/fruit look good.
Interestingly, those fertilizers are a bit like ascorbic acid. Vitamin C in potatoes or limes will cure scurvy, but the ascorbic acid passed as C won't. It's missing something needed to make the ascorbic acid work.
You can actually taste a difference in the foods produced by different farmers. It's like the difference between the taste of a free range chicken and one grown in a cage (night and day flavor differences).
Some farmers are fighting this by doing things like spreading compost on the fields. However, it needs to be remembered where that compost came from (other hollow fields). Some farmers are aware of this, so add ground up minerals that break down under fulvic and humic acids the plants produce and use to extract minerals.
(2) Then there is [more] greed. It can be seen in the thousands of acres of orchards and vineyards planted each year. These farms seem ever growing in size. They draw millions of gallons of groundwater to grow the fruits. That same groundwater is, at the same time, poisoned with cides - insecticides, herbicides. . . .
HOW MANY MILLIONS OF ACRES OF APPLES AND GRAPES DO WE NEED TO FEED THE WORLD?
I would like to see the data used to make the connection between bitcoin and fiat food.
My initial thought is that isn’t possible because BTC has been captured by the fiat money system, and Blackrock runs one of the biggest trading ETF for bitcoin. The original Santochi plan for bitcoin no longer functions for bitcoin and it is not an alternative to fiat. Read the book Hijacking of Bitcoin by Roger Ver.
It's sad people buy into the nonsense something even more imaginary than Federal Reserve Notes [FRNs (promissory notes)] are the solution.
FIRST, their value went from nothing to hundreds of thousands in a relatively short span. CLEARLY, they are far from stable. You could buy ONE today, for $94,000.00 FRNs. Tomorrow, it could be worth one million, OR it could be worth twenty-five cents.
As of today, they have limited places where you can buy and spend them. At $94,000.00 each, you aren't going to be buying dinner with one.
Without electronics, they are, WHOLLY, worthless.
It's easy to forget money represents assets and labor. It's a placeholder. I saves us from having to pack a bag of silver or gold around. Of course, it government agents and scheming private individuals had not so tampered with the Silver Certificates and such, the bag of gold or silver we had to lug around to buy food or a car would be far smaller than it would need to be today, when the number of FRN's required to buy an ounce is around 2,000, versus the 19 in the 1900's.
In the end, how hard would it be to manipulate digital money, if you had all the people's money and the latest, greatest mining equipment (e.g., quantum computers)?
Me, I'll take that dollar backed by silver, gold and other in demand, recyclable metals.
It has less than 1/9 the market capitalization of gold. Its volatility (standard deviation) is way, way too large to promote stability of any sort in the economy.
The people of the western North Carolina mountains who lost all power could not have benefited from any Bitcoin they may have held. Precious metals would have been more useful there.
The 95% of this article about cereal was eye-opening, however. Many thanks as usual.
The games, or ignorance, about gold and government generated money, have long been around. How many times did we hear things like, "the value of gold went up/down today"?
In reality, it was the number of FRN's it took to buy an ounce which changed.
Very interesting correlation made here. Cereal. Bitcoin. Sweetened grains Coco Puffs! Of course! Captain Crunch. No wonder we're in such bad shape here in the States. Italy, not so much.
Not sure how I feel about bitcoin as the solution, seems more of a prolonging of our inevitable bubble economics popping. But I do agree with the other points- we switched to butter and ghee with no regrets
Combine this garbage with vaccines and it's a catastrophe.
I cannot comment on the possible role of Bitcoin, but . . . it is valuable to remember what "real food" was prior to breakfast cereal, Crisco, and margarine. As a child my mother baked with Crisco and we put margarine on our vegetables. I was maybe 24 before I quit buying margarine and shifted to butter (and never went back).
when I was small we subsisted on processed foods.
after moving in with my stepdad I was introduced to organic gardening, household livestock, and raw milk. butter turned out to take a little getting used to but tastes so much better than margarine. was super healthy during that 7 year span.
college, I was extremely poor, went back to processed foods. around age 26 I started buying butter again, more for the taste than to avoid the chemicality at first.
now that I'm twice that age I totally understand where my stepdad (rest his soul) was coming from, and I have a rapidly-decreasing and pretty short list of things I'm still willing to consume from the grocery store.
Farmers markets seem like a good alternative to grocery stores that inventory food stuffs for retail sale. I buy veggies, fruit, meat, and milk products from a local grocery store. I buy bread from a baker/bakery. I prefer to buy veggies and fruit from a farmer's market, but rarely attend the local one. I still feel guilty about that.
Add to all this insider information from a farmer:
(1) To compete, all but a rare few farmers farm the same soil year after year. We add a bit of nitrogen here, a little lime there and we have really good looking GMO corn (good luck trying to find non-GMO seed for a hundred acres) that is, in reality, nutritionally hollow.
Consider the bags of fertilizer you see sold downtown. You'll see labels like PNP, or NPN and so on. In other words, just a few ingredients that make the crop/grass/fruit look good.
Interestingly, those fertilizers are a bit like ascorbic acid. Vitamin C in potatoes or limes will cure scurvy, but the ascorbic acid passed as C won't. It's missing something needed to make the ascorbic acid work.
You can actually taste a difference in the foods produced by different farmers. It's like the difference between the taste of a free range chicken and one grown in a cage (night and day flavor differences).
Some farmers are fighting this by doing things like spreading compost on the fields. However, it needs to be remembered where that compost came from (other hollow fields). Some farmers are aware of this, so add ground up minerals that break down under fulvic and humic acids the plants produce and use to extract minerals.
(2) Then there is [more] greed. It can be seen in the thousands of acres of orchards and vineyards planted each year. These farms seem ever growing in size. They draw millions of gallons of groundwater to grow the fruits. That same groundwater is, at the same time, poisoned with cides - insecticides, herbicides. . . .
HOW MANY MILLIONS OF ACRES OF APPLES AND GRAPES DO WE NEED TO FEED THE WORLD?
Really?
I would like to see the data used to make the connection between bitcoin and fiat food.
My initial thought is that isn’t possible because BTC has been captured by the fiat money system, and Blackrock runs one of the biggest trading ETF for bitcoin. The original Santochi plan for bitcoin no longer functions for bitcoin and it is not an alternative to fiat. Read the book Hijacking of Bitcoin by Roger Ver.
It's sad people buy into the nonsense something even more imaginary than Federal Reserve Notes [FRNs (promissory notes)] are the solution.
FIRST, their value went from nothing to hundreds of thousands in a relatively short span. CLEARLY, they are far from stable. You could buy ONE today, for $94,000.00 FRNs. Tomorrow, it could be worth one million, OR it could be worth twenty-five cents.
As of today, they have limited places where you can buy and spend them. At $94,000.00 each, you aren't going to be buying dinner with one.
Without electronics, they are, WHOLLY, worthless.
It's easy to forget money represents assets and labor. It's a placeholder. I saves us from having to pack a bag of silver or gold around. Of course, it government agents and scheming private individuals had not so tampered with the Silver Certificates and such, the bag of gold or silver we had to lug around to buy food or a car would be far smaller than it would need to be today, when the number of FRN's required to buy an ounce is around 2,000, versus the 19 in the 1900's.
In the end, how hard would it be to manipulate digital money, if you had all the people's money and the latest, greatest mining equipment (e.g., quantum computers)?
Me, I'll take that dollar backed by silver, gold and other in demand, recyclable metals.
I discussed Bitcoin recently: https://surak.substack.com/p/market-cap
It has less than 1/9 the market capitalization of gold. Its volatility (standard deviation) is way, way too large to promote stability of any sort in the economy.
It is a fun speculative play. The bitcoin-to-gold ratio is in record territory, however, and will eventually need to revert to the median: https://www.longtermtrends.net/bitcoin-vs-gold/
The people of the western North Carolina mountains who lost all power could not have benefited from any Bitcoin they may have held. Precious metals would have been more useful there.
The 95% of this article about cereal was eye-opening, however. Many thanks as usual.
The games, or ignorance, about gold and government generated money, have long been around. How many times did we hear things like, "the value of gold went up/down today"?
In reality, it was the number of FRN's it took to buy an ounce which changed.
off topic _ HAPPY NEW YEARS!!
Fake science will always be with us. Gotta learn to spot it.
Interesting interview, tying processed foods to the fiat dollar.
Bitcoin is a scam, converting massive quantities of energy into ones and zeros. It has zilch to do with restoring real food.
Oh, and that cerial information was gold. Thanx
ETF will do to BTC what it’s done to GOLD
Very interesting correlation made here. Cereal. Bitcoin. Sweetened grains Coco Puffs! Of course! Captain Crunch. No wonder we're in such bad shape here in the States. Italy, not so much.
Not sure how I feel about bitcoin as the solution, seems more of a prolonging of our inevitable bubble economics popping. But I do agree with the other points- we switched to butter and ghee with no regrets