Bitcoin Farm to Table: Farmers Markets for Bitcoin Through Overstock
Overstock’s Farmers Market service connects organic, local farms with customers, allowing their products to be sold for Bitcoin - without even knowing it. Aside from the occasional creative Russian farmer or underground market in New Hampshire, the average agricultural worker is not that well-versed in fintech, and as such few are likely to accept Bitcoin for their products. Online retailer Overstock.com, which proudly accepts Bitcoin, launched Farmers Market in 2014, seamlessly connecting farmers and ranchers to customers. Through Overstock, farmers can inadvertently be paid for their....
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Overstock.com is expanding its already popular online produce delivery service by teaming up with farmers in 35 states, Retailing Today reports. The partnership means that nearly half of Americans currently have access to this continuously expanding service. Overstock's newest fresh-food partner, Front Door Farms, whose products are now offered through Overstock's Farmers Market, delivers to the customer's door two or three days after harvest. "We chose Front Door Farms because it works with local farmers to harvest fruits and vegetables that are fresh and nutritious," said Overstock CEO....
New Hampshire, home to 4,150 farms comprised of 471,911 acres of farmland, is a prime destination for local, organic farm products. The state is also home to one of the most robust Bitcoin communities in the world, and as a result you can buy all your organic groceries with cryptocurrency. According to Jessica Love, one of the key organizers behind the Community Market Day Project, a network of small farmers and artisans markets, the desire for more local, natural, and pesticide-free farm products has been growing recently. “There are more and more farmers realizing the consumer/profit....
Farmers Market, an online fresh food business operated by Overstock.com, recently added a home delivery service, making it one of the few such services to accept bitcoin. The home delivery service complements Fresh Market's drop-ship delivery program and makes Farmers Market one of the few online fresh food merchants that accepts bitcoin in addition to other forms of payment. Farmers Market allows customers to log onto its website, enter their zip code, select locally-grown food and have it delivered by a local delivery service. Parent company Overstock.com began accepting bitcoin as a....
The backbone of our nation, farmers stand to benefit the most from sovereign money that cannot be diluted or degraded.
Budafoods, a certified organic farm and food supplier located in the Sunshine Coast Hinterland, Queensland, Australia, is attempting to create a closed bitcoin economy among farmers and to encourage its partners, supporting businesses and community to accept bitcoin. Over the past few years, online payment services and platforms such as PayPal and banking systems have negatively affected businesses in the area, including Budafoods and the local businesses the farm supplies. Apart from the substantial fee for transactions and payments, PayPal and the bank transfers have been extremely....