Under Trump’s Tariffs, American Soybean Farmers — I Hedged the Trade War with Bitcoin

My name is Jack, and I grow soybeans in Iowa.
On April 2, 2026, Trump announced new tariffs on imported medicines and steel, aluminum, and copper. China immediately retaliated: it imposed a 25% tariff on U.S. soybeans. My soybeans instantly couldn’t be sold.

My “Crazy” Hedge
In 2025, my son taught me to use Gate.io to buy Bitcoin. Every month, I converted 5% of my soybean sales income into BTC, and I saved up 0.8 BTC. At the time, all my neighbors said I was crazy: “Just grow crops—what’s the point of messing with virtual coins?” Now, the price of soybeans has fallen from $12 per bushel to $8.5, and I’ve lost about $60,000. But my 0.8 BTC is worth $53,000, which almost offsets the entire loss.

April 5 Today
I sold 0.3 BTC (about $20,000) to pay off my farm machinery loan. I’m continuing to hold the remaining 0.5 BTC. I posted on the Gate Plaza: “Thanks to Bitcoin, I, a farmer, didn’t go bankrupt.” In the comments, someone asked, “How do you know Bitcoin will go up?” I said, “I don’t. I just don’t want to put all my eggs in one basket—especially one called ‘Trump.’”

Advice for Other Farmers
If you grow corn, wheat, or soybeans, you can consider investing 1% of your income into BTC every month. Not to get rich overnight, but so that in the face of uncontrollable risks like tariffs, droughts, and locusts, you have a backup plan. Bitcoin isn’t gold, but it’s more reliable than Washington’s politicians.

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