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Will Serbian farmers also start selling cows for Bitcoins? "Unlikely, we still prefer cash"

"I myself don't really understand how Bitcoin works," says the minister in charge

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krava i bitkoin

Photo: Unsplash

In Montenegro, as we have reported, the first cow paid for with Bitcoin has been sold. Because of the use of this cryptocurrency, popular all over the world, the cow got an unusual name - Bitkoinka.

The Seljak.me website further states that the cow was sold for 0.03 Bitcoin, which amounts to around 1,350 euros. "Bitcoin is a cryptocurrency whose potential will be manifested in the near future, and for now we can say that we are the first in Montenegro, if not beyond, who managed to organize this way of buying and selling animals," said the founder of an agricultural cooperative, Marko Maras.

But is something of the kind possible in our country?

In theory it is, while in practice it is unlikely. Namely, our farmers still like to go to livestock markets, and they are not so interested in cryptocurrencies, either.

This is confirmed by Minister of Agriculture Branislav Nedimovic who says that he himself doesn't understand very much the way digital currencies work.

"Our peasants still prefer cash. To get cash in hand for their cattle," said the minister.

According to latest data, the digital coin is currently worth around $49,600.

This morning, Nedimovic also spoke for TV Prva about last year's potato crop and said that the ministry will help place stocks in stores. As he stated, last year allowed for a good potato yield, while on the other hand, coronavirus limited the work of many restaurants, so these vegetables were not being bought as much.

This led to an accumulation of stocks and falling prices.

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(Telegraf Biznis)

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