Money vs Barter

[rose9696]

Money is one of the important concepts, This section talks about money from the perspective of microeconomics.when people exchange goods and services without using money, this is called barter. "I'll cook dinner if you'll do the dishes" is an example of barter. Imagine an economy in wich i can sell services as a consultant to banks, but what i want is to buy a new suit. the clothing store that sell suits does not have any use for my services as a banking consultant. i sell consulting services for money, and i buy a suit using money. money serves as a medium of exchange. the bank does not sell suits. how can barter work?

Barter is an old-fashioned method we use. Now everything is different. All items have their own value and you can not exchange with strangers with items. That will increase the surplus of the market. But you can also exchange goods with people who are not afraid of holes or words to get a precious item like antiques.

[Ponti]

This kind of exchange system was popular in the earlier days. Today barter can only be met in small antique shops and bazaar.

[yusupjatigumilar]

that's one of the disadvantages of the barter system, not all transactions can be done by barter considering the needs of people are not always the same as the items we have to exchange, so this is where the real function of money is to deal with transaction problems that cannot be done with barter systems.

[Casdinyard]

The government is very anti barter, because they can't collect taxes on it. But to live in this society, we have to use cash. I say get creative, see what you can offer somebody to barter.

The government is considering this market because of its very high profit without any taxes. However, at the present time people still have to use cash to trade everything in life. And one thing in the future will have people come up with solutions to avoid the problems that the government is looking at.

actually cash is also another form of barter because physical exchange with physical, thats why the government makes a bank
system online so that online transactions can be monitored by the government so they will not miss anything like taxes and so forth

Of course, they love to control everything and so they see bitcoin as a threat for losing the centralization.

Using barter has a value designation and you can't exchange your copper to gold as it isn't have equal value unless you trade more copper to a gold. So fiat was born and it made our lives easier as we don't need to carry a sack of potato just to trade for other commodities.
I just don't get it what's the point of OP like the barter and fiat system are clearly enough to understand.

[ufaiz50]

Money is one of the important concepts, This section talks about money from the perspective of microeconomics.when people exchange goods and services without using money, this is called barter. "I'll cook dinner if you'll do the dishes" is an example of barter. Imagine an economy in wich i can sell services as a consultant to banks, but what i want is to buy a new suit. the clothing store that sell suits does not have any use for my services as a banking consultant. i sell consulting services for money, and i buy a suit using money. money serves as a medium of exchange. the bank does not sell suits. how can barter work?

The barter system is used if both of them want the goods that both have as you are demonstrating, and in your case indeed the barter system does not exist because in your case the banking cannot provide a suit or whatever you want but this is why a currency is created.

[ninokh]

barter is an activity of exchanging goods without the existence of an intermediary of money. this system was used because at that time there was no money. and humans are bartering because basically humans cannot produce all the items needed. after money is created barter left. people leave the barter system because barter is inefficient we have to carry items that will be exchanged everywhere. and goods that will be exchanged are difficult to break and it is difficult to find standard exchange rates. so that along with human development they switch to using money.

[awik p]

that's one of the disadvantages of the barter system, not all transactions can be done by barter considering the needs of people are not always the same as the items we have to exchange, so this is where the real function of money is to deal with transaction problems that cannot be done with barter systems.

with the ineffectiveness of the barter system money was agreed upon, which acted as a mediator for various needs of everyone. so that with a certain value an item can be exchanged by money

[Dimon8]

After reading the world history of money and finance, we can conclude that barter is a myth, which was invented by some fanatics and ideologues of a moneyless society.

[Snaic]

Money is one of the important concepts, This section talks about money from the perspective of microeconomics.when people exchange goods and services without using money, this is called barter. "I'll cook dinner if you'll do the dishes" is an example of barter. Imagine an economy in wich i can sell services as a consultant to banks, but what i want is to buy a new suit. the clothing store that sell suits does not have any use for my services as a banking consultant. i sell consulting services for money, and i buy a suit using money. money serves as a medium of exchange. the bank does not sell suits. how can barter work?

The need for barter arises only when, due to various large upheavals in society, the national money of the states depreciates greatly. The presence of paper money is a higher degree of development of financial relations in society compared to barter. Barter symbolizes the backwardness and underdevelopment of the market for goods and services.

[Indai24]

Money is one of the important concepts, This section talks about money from the perspective of microeconomics.when people exchange goods and services without using money, this is called barter. "I'll cook dinner if you'll do the dishes" is an example of barter. Imagine an economy in wich i can sell services as a consultant to banks, but what i want is to buy a new suit. the clothing store that sell suits does not have any use for my services as a banking consultant. i sell consulting services for money, and i buy a suit using money. money serves as a medium of exchange. the bank does not sell suits. how can barter work?

The need for barter arises only when, due to various large upheavals in society, the national money of the states depreciates greatly. The presence of paper money is a higher degree of development of financial relations in society compared to barter. Barter symbolizes the backwardness and underdevelopment of the market for goods and services.

For me both are still beneficial but what is more beneficial as of now is money. And you're right barter was from the old times and it's not that applicable for now.

[houjinglong]

No matter how money changes over time, the purpose of money cannot be used for trade. The evolutionary end point of money is to let the currency disappear. The reason why money is so big now is because people are usually more easily controlled by money, and future humans don't need money. This may take thousands of years to develop. When money disappears, human beings can enter advanced intellectual civilization. Now capitalism is only suitable for early human development. In fact, we are both primitive people and new human beings.

[virasog]

No matter how money changes over time, the purpose of money cannot be used for trade. The evolutionary end point of money is to let the currency disappear. The reason why money is so big now is because people are usually more easily controlled by money, and future humans don't need money. This may take thousands of years to develop. When money disappears, human beings can enter advanced intellectual civilization. Now capitalism is only suitable for early human development. In fact, we are both primitive people and new human beings.

Money cannot be disappeared now and barter system cannot be restored. Although money may change its form from Fiat to Digital. The thing to note is that bitcoin is not currently used mainly as a currency. It is mostly used to trade with alt coins. Once bitcoin is more widely used in sale purchase of goods, then it will be more used as a main currency.

[Nellayar]

Money is one of the important concepts, This section talks about money from the perspective of microeconomics.when people exchange goods and services without using money, this is called barter. "I'll cook dinner if you'll do the dishes" is an example of barter. Imagine an economy in wich i can sell services as a consultant to banks, but what i want is to buy a new suit. the clothing store that sell suits does not have any use for my services as a banking consultant. i sell consulting services for money, and i buy a suit using money. money serves as a medium of exchange. the bank does not sell suits. how can barter work?

Money is one of the person's dream. In fact, in other people it is more valuable than blood, love life and etc. Money gives us power which we can use to manipulate other people. But even you have millions of dollar in your pocket, you will still incomplete when ot comes in other such as love. Remember, love and respect cannot buy, it plants to the mind and heart of the people around us. Money is much good than barter change since it has more specified value of what we want to buy or sell.

[nur rochid]

No matter how money changes over time, the purpose of money cannot be used for trade. The evolutionary end point of money is to let the currency disappear. The reason why money is so big now is because people are usually more easily controlled by money, and future humans don't need money. This may take thousands of years to develop. When money disappears, human beings can enter advanced intellectual civilization. Now capitalism is only suitable for early human development. In fact, we are both primitive people and new human beings.

Money cannot be disappeared now and barter system cannot be restored. Although money may change its form from Fiat to Digital. The thing to note is that bitcoin is not currently used mainly as a currency. It is mostly used to trade with alt coins. Once bitcoin is more widely used in sale purchase of goods, then it will be more used as a main currency.

every time of course changes will occur, and evolution is something that is natural. so that over time, of course bitcoin has the opportunity to take place in a transaction, and everyone will follow it

[johanesrobin]

Convenience has always been a winner, before the barter system was used by traditional communities to meet their needs. then there is a currency that is more practical and accepted by everyone according to the agreement. and the future is bitcoin is very brilliant when fiat is no longer needed and everyone uses crypto currency faster.

[KorakPawon]

Money is one of the important concepts, This section talks about money from the perspective of microeconomics.when people exchange goods and services without using money, this is called barter. "I'll cook dinner if you'll do the dishes" is an example of barter. Imagine an economy in wich i can sell services as a consultant to banks, but what i want is to buy a new suit. the clothing store that sell suits does not have any use for my services as a banking consultant. i sell consulting services for money, and i buy a suit using money. money serves as a medium of exchange. the bank does not sell suits. how can barter work?

That's exactly the problem of barter, there's no certain standard for having equal things bartered. That's why money is better because it has value and almost all people in the world has accepted it as the system to do transaction to exchange barter, changing the complicated system with the better one. It's indeed working, and perhaps it will even be better when bitcoin cooperated with fiat in daily life, it would be even easier I guess.

[Rashid555]

Money is good and advanced medium of exchange but in barter system we have face many problems like satisfaction for both the parties were difficult to meet and due to these problems money cane into existence and in the modern days a new and advance money introduced that is crypto currencies through which we can trade things with in seconds. Like in these days we can say that all parties can make transaction easily.

[JohnBitCo]

Money is one of the important concepts, This section talks about money from the perspective of microeconomics.when people exchange goods and services without using money, this is called barter. "I'll cook dinner if you'll do the dishes" is an example of barter. Imagine an economy in wich i can sell services as a consultant to banks, but what i want is to buy a new suit. the clothing store that sell suits does not have any use for my services as a banking consultant. i sell consulting services for money, and i buy a suit using money. money serves as a medium of exchange. the bank does not sell suits. how can barter work?

The need for barter arises only when, due to various large upheavals in society, the national money of the states depreciates greatly. The presence of paper money is a higher degree of development of financial relations in society compared to barter. Barter symbolizes the backwardness and underdevelopment of the market for goods and services.

For me both are still beneficial but what is more beneficial as of now is money. And you're right barter was from the old times and it's not that applicable for now.

Barter system was not good as there was no standard and in this practical world now, it is almost impossible to implement the barter system. The system has evolved to paper currencies, banks, credit cards and now digital currencies and it is hard to go back to barter system.

[sidodadii]

actually, barter have advantages. barter no need money to exchange what you need. so if you dont have money, you can barter with what they need. you as consultant can make over the other thing what you have to get some clothes. so, its not depend on you are work as consultant or other job.
money, can be better solution to create thing like of you have it, you can exchange woth anything you want, as long as the value is good.
so, you can use barter if someone want and deal about what you do.

[OrangeII]

actually, barter have advantages. barter no need money to exchange what you need. so if you dont have money, you can barter with what they need. you as consultant can make over the other thing what you have to get some clothes. so, its not depend on you are work as consultant or other job.
money, can be better solution to create thing like of you have it, you can exchange woth anything you want, as long as the value is good.
so, you can use barter if someone want and deal about what you do.

Well, I think, some people still use barter, and of course that might be quite profitable. well, but, I think that is rarely found, because for those who have money, they may not need barter.