4 ms·
Fair enough, it all depends on how much a person or group of people are willing to pay for one tree or many fractions of a tree. A typical old growth cedar in
by sigmaprimus 5y ago
Fair enough, it all depends on how much a person or group of people are willing to pay for one tree or many fractions of a tree.
A typical old growth cedar in my neck of the woods currently runs on average somewhere between 5000 CAD AND 20000 CAD before milling, after going through a saw mill that number typically doubles or triples depending on the quality or grade of lumber produced.
I would imagine there would be a cost of around 2000 CAD to actually register the ownership within the current system so the amount 200 USD worth of gas to mint that to the block chain is really insignificant.
There would be several other issues such as those pesky trees that fall down and the noise they make, fires, animal squatters etc. not to mention the local governments would eventually want their grubby little hands greased in some way or another if actual commerce was being conducted using a so called crown resource (Yes in Canada the Crown gets their cut even from private land).
Still, that is but one simple idea for what is a new market being built up at this moment in time that we are all fortunate enough to be living through.
Is it any better than tulips? Maybe, maybe not but I remain open to the possibility and feel the need to speak up when the smoke blowers start pushing their opinions as fact. Especially imaginary experts on theoretical things such as Astro Biology that earn their livings corrupting young minds with propaganda under the guise of it being higher education, while at the same time having no problem silencing the voices of those who hold contrary opinions. I'm looking at you leftist liberal universities.