"Coffee" a new cryptocurrency to combat the coffee crisis in Colombia

in cryptocurrency •  5 years ago 

The price of coffee beans dropped a lot between 2018 and 2019, so much so that by May of this year it reached its lowest point: $ 0.88 per pound.

Just a few cents for each cup of coffee reaches the grain producers, so much is the crisis that the governments of the producing countries are looking for solutions to deal with this crisis.

iStock-673468996.jpg

image source: https://www.health.harvard.edu/blog/health-benefits-of-coffee-and-a-proposed-warning-label-2018072514319

This is how in Colombia "Coffee" is born a cryptocurrency that seeks to be salvation for grain producers; This initiative is supported by the World Coffee Federation (WCF) and in the country is promoted by the National Organization of Young Coffee Growers.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!