Episode notes
Owen is a bitcoiner and cattle farmer who we first met at the Bitcoin Bush Bash in 2020. He gave a Bitcoin for Beginners presentation then and followed that with a Regenerative Agriculture presentation in 2021.
There’s no better way to learn about something than to see it for yourself, so Brendo and I jumped in the car and headed north to visit the farm and see his farming philosophy in action. We met his Mum, Jordy the dog (named after Jordan Peterson) and the cows. If lunch is anything to go by, his methods work!
You might not immediately see the connection between Bitcoin and farming, but as Owen explains it’s all about proof of work, time preference and mimicking nature.
He talks us through:
His career up to now in organic farming certification and regulation on and off for the last 20 years, in Australia, South-East Asia and the Pacific Islands.
How his work and travels introduced him to the problems of devaluing currencies (people carrying shopping bags full of cash), credit systems and currency exchange.
Organic and regenerative farming processes and producing good beef.
Why the money is the underlying cause of so many of the world’s problems, and why farming is the ultimate low time preference activity.
His self-taught journey in economics, and how he’s now teaching people locally about Bitcoin (What, Why, When and How)
We tour the farm; hear about Owen’s thoughts about diet; see the tree planting (agri-forestry) project (assisted by the local community); Regenereggs; Beef Back Better; cell grazing; keyline ploughing to improve water retention; cattle supplements trailer with a back rubber; exponential grass growth; the negative feedback loop of set stocking; local farmers helping each other out and bartering produce; and advice for the consumer.
Why incentives are misaligned for farmers which leads to misallocation of capital.
The important of private property rights.
Teaching people the importance of holding your private keys and not to be distracted by scams.
Why DCA is the way.
Where are all the smart thinkers in the modern age?
People losing faith in the institutions and why the positivity in Bitcoin will win.
If you’d like to connect with Owen please search for the Beef Back Better telegram group.
Investors, farmers, egg producers or just someone who wants a quality beef supplier (we endorse this!) please drop Owen an email at: beefbackbetter@protonmail.com
Which Bitcoiner has been Most Influential to You?
Other Pod Shout-outs
www.twitter.com/jordanbpeterson
www.twitter.com/BitarooExchange
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