The Clothing Supply Chain: From High Fashion Runway to Landfill!

Every 3-6 months my wife and I accumulate a bag full of clothing that we no longer wear. We take it to the local Goodwill or Salvation Army. In our minds we believe that we are contributing to help those who want gently used clothing. We didn’t realize we were a part of the Clothing supply chain.

I expect that many of you do the same. You either make donations to these or similar institutions or you avail yourself of used or second hand items that are for sale at numerous outlets.

There is an extraordinary amount of time and money spent on new clothing. But only a small portion of that ends up being recycled and repurposed. In the U.S. alone over 2.5 Billion pounds of textile waste is generated each year and 85% of that goes into landfills!

And did you know that the clothing and textile industry is the second largest polluter in the world?

What exactly is happening in the Clothing Supply Chain?

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Bitcoin’s Impact on the Textile Industry!

In the past, the textile sector was one of the most famous and leading sectors worldwide. It has been replaced by the latest technologies in every field in most countries, from automobiles to vacuum cleaners.

However, most former spinning mills or weaving factories have been closed after adopting modern machines.

What will be the impact of Bitcoin on this sector in the future?

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