Bitcoin has a track record of being worth way more than dollars. Each Bitcoin has grown in value from a fraction of a penny in 2009 to tens of thousands of dollars in 2021.
A $4.00 Bitcoin tip made on June 2, 2016 would have been worth $255.44 on June 2, 2021!
Here’s the math: On June 2, 2016, $4.00 represented 0.0068 BTC at a market price of $581.65 per BTC.
That same amount of BTC (0.0068 BTC) was worth $255.44 on June 2, 2021 at a market price of $37,566.14 per BTC.
Imagine what your local farmer could do with hundreds or thousands of Bitcoin tips accumulated over a 3 to 5 year period.
• Buy a new tractor.
• Convert to organic or regenerative
• Launch their own consumer brand.
• Smoothly transition the farm from parents to children, nieces or nephews.
Oatman Farms is living proof of the power of Bitcoin. We were only able to keep Oatman Flats Ranch in the Hansen family, convert to organic practices, and launch the Oatman Farms food brand because we had purchased some Bitcoin in the early years and could sell it to fund operations. We didn’t want to sell our Bitcoin, but we, like other family farmers, were determined to do what it took to continue farming our land with purpose.