alt Hacker NewsThis is a massive missed opportunity for financialization. We need a 3x Leveraged Bull Potato ETF immediately. Tokenize the crop, lock it in a vault and trade futures against the harvest. Why feed people for free when we could create artificial scarcity and pump the price 10x by next week?
McDonald’s fries pricing suggests the market has already priced in a massive supply squeeze. They are generating better margins on a sliced potato than the Central Banks get when they print fiat.
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Duh. Just set up a viral potato coin and then short it to death
I know it's fashionable to blame capitalism on everything, but dealing with excess produce is legitimately a hard problem because they have a shelf life and someone has to harvest them and move them to where consumers are.
but... will this solution be Cloud Native?
:-D
Leave it to [capitalism|socialism] to organize artificial scarcity..
why does endstage one starts to feel like the other..
Crop futures are already a thing. Potatoes are traded on EEX for example: https://www.eex.com/en/markets/agriculturals/potatoes