Building a Bitcoin circular economy in our region:
A typical household in our region is very impoverished, and has no income or money to spend. As such, many have never heard of Bitcoin, and have no means of owning it.
Once we have addressed the primary challenge rural farmers face — the absence of markets for our produce, after installing our grain facility — which is what will give the rural poor an income, we will embark on an effort to build a Bitcoin circular economy in our region by training all our farmers on bitcoin, and paying for their produce in bitcoin.
Our grain facility will initially work with farmers in 1,123 villages comprising 165,000 households in our two neighboring districts of Kamuli & Buyende. We will thereafter expand our work to cover other parts of Busoga, a region nearly the size of Gambia.
If feasible:
We will also explore converting agricultural waste from our grain facility (and our proposed integrated agro-processing plant) into energy to power a few Bitcoin miners directly on-site. But this will only be after we have at least installed the grain facility.