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This 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 f
by Flavius 8mo ago
This 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.
- assaddayinh 8mo agoLeave it to [capitalism|socialism] to organize artificial scarcity.. why does endstage one starts to feel like the other..
- ahartmetz 8mo agoThe scarcity in socialism is all real! Organic, if you wish.
- seydor 8mo agoDuh. Just set up a viral potato coin and then short it to death
- deleted 8mo ago[deleted]
- KellyCriterion 8mo agobut... will this solution be Cloud Native? :-D
- yongjik 8mo agoI 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.
- Flavius 8mo agoWith advanced preservation techniques, we can extend the shelf life of food almost indefinitely. This flexibility extends to the farm level as well: farmers have the agility to pivot production annually, switching from low-demand crops like potatoes to more profitable alternatives as the market dictates.
- taneq 8mo agoFor example, these potatoes would last indefinitely in liquid form. ;)
- kwanbix 8mo agoIt really is not fashionable. I will say it is just a matter of observation.
- gruez 8mo agoNot to mention it's factored into future prices. Futures for the same commodity, but for delivery on different dates can vary wildly in price. The most notable examples are oil and electricity prices going negative occasionally.
- puzzlingcaptcha 8mo agoCrop futures are already a thing. Potatoes are traded on EEX for example: https://www.eex.com/en/markets/agriculturals/potatoes https://www.eex.com/en/markets/agriculturals/potatoes
- president_zippy 8mo agoI'm glad someone pointed that out. They even have call and put options, and thousands of FPGAs in Chicago trying to arbitrage deviations from put-call parity from market open to market close.