When I first dipped my toe into the cryptocurrency market, I was a novice investor with a myopic understanding of the long-term impact that cryptocurrency would have on traditional finance.
Fast forward four years and my investment portfolio has shifted dynamically from speculative assets to more established projects that possess tremendous utility for not only the cryptocurrency space, but the world at large.
Mimicking Michael Saylor’s (CEO of MicroStrategy) brilliance as he discusses the utility of Bitcoin, I thankfully embraced his eloquent notion that Bitcoin shares in the same network effect energy that has catapulted Amazon to the top of the retail space, Apple to the top of the cell phone industry, and Netflix to the top of the streaming business. This realization into the utility of Bitcoin along with its tremendous network effect affirmed my investment strategy as I sought out projects with corresponding prospects.
Investing into anything, whether it be a crypto project, a car purchase, education, an individual’s purpose, should be driven by utility. Subsequently, I now view my investment choices through a prism of utility. What movement forward will this investment provide me? How does this utility dynamically grow as the landscape evolves? And lastly, does this investment lead the space in terms of network effect energy?
You may be wondering, “what does this mean Todd?” Let me provide a few examples for you. When determining which career to pursue, it is wise to research the future growth of that job sector. For example, investing in a nursing program provides substantial long-term growth because of the continued aging of the boomer generation and the subsequent health risks associated with getting older along with the prevalence of bioengineered weapons resulting in life-altering diseases, like we have seen this year with the COVID-19 virus.
Conversely, investing in workforces that are easily replaced with remote access may not be wise at this current time because of the shift towards online systems. The energy that was once driven towards in-person job performance is now being directed towards online opportunities. Essentially, the value of utility that Zoom creates is greater leading to an increased network effect for remote training, education, employment, etc.
How does the realization of enhanced utility along with a shift in a sector’s energy relate to a sanctuary?
Extrapolating my investment strategy onto the homestead is the guiding light for all my investment strategies on the sanctuary. Investment strategies do not relate to only money. These strategies include the types of animals that will call the sanctuary home for their existence. Two of these groupings of animals that possess incredible utility and will create a symbiotic relationship on the farm are pigs and chickens.
Pigs are extremely intelligent animals with a tremendously high work ethic. These incredible animals can cultivate lands better than a rototiller. Setting pigs loose onto land purposed for future vegetation is an extremely effective utilitarian approach because the rooting performed will turn over the soil, eliminate overgrown pastures, and leave nutritious compost in their wake. As a landowner, the symbiotic relationship between pigs and pasture is a win-win.
After pigs have cultivated a plot of land, chickens are to be released into the now stripped-down pasture. Possessing the ability to eradicate bugs, scratch, peck, and dig, chickens provide invaluable nitrogen which fertilizes the soil and along with pigs, leave nutritious compost in their wake.