I've been thinking that we should work with the Bitcoin Beef Initiatives to create Noste Identies for each cow, combining a GPS tracker and live tracking to enable "herd audits" to back a Cattle-mint that can be redeemed for meat or LN sats. Seems like a great form of commodity reserve based on proof of work empowering the Ranchers with a means of hedging and raising capital for reinvestment into maintaining and upgrading the ranch.
With a LN routing node and Nostr relay, these ranchers could evolve into semi-trusted localized food banks performing Uncle Jim and custodial solutions built on the "branded reputation".
Ov1, a Taoist Bitcoiner
npub1qq…u2qvm
2024-06-18 17:26:50
in reply to nevent1q…lq8d
Author Public Key
npub1qq50zturtx4ns2uf2adt26pcpmez47ur9ds6a4fwaax5u5evr3nsnu2qvmPublished at
2024-06-18 17:26:50Event JSON
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"pubkey": "0028f12f8359ab382b89575ab568380ef22afb832b61aed52eef4d4e532c1c67",
"created_at": 1718731610,
"kind": 1,
"tags": [
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"content": "I've been thinking that we should work with the Bitcoin Beef Initiatives to create Noste Identies for each cow, combining a GPS tracker and live tracking to enable \"herd audits\" to back a Cattle-mint that can be redeemed for meat or LN sats. Seems like a great form of commodity reserve based on proof of work empowering the Ranchers with a means of hedging and raising capital for reinvestment into maintaining and upgrading the ranch. \n\nWith a LN routing node and Nostr relay, these ranchers could evolve into semi-trusted localized food banks performing Uncle Jim and custodial solutions built on the \"branded reputation\".\n\n",
"sig": "1ecec8000e84c8807204872b8c37b02b7fbdf4f0996b202a89301f2a941a648718d8d224953ea0bbb91a531f10e3ad55edd59c2c08c9bcbef230b5c41778be7b"
}