Money vs Barter

[iv4n]

I already wrote about this matter. Money is a form of trust, you need to trust in money, seller needs to have trust in that money, all together needs to have trust in institution that create that money. What this system has thought us is that money rules, who create money rules, system works in favor of minority, while majority of people are slaves. Trust is broken long time ago, now we have tool to fight against system, crypto is our weapon.

Now we can choose to trust in crypto or in banks, every person on this planet will have to make a choice. Some of us chose long time ago!

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[acholagi]

how can barter work?

Barter activities are by exchanging goods that we have with other goods owned by others,
transaction activities with barter schemes severely limit the movement of business people
the function of money here can be better and universal, as the best medium of exchange

[Kuchiyose]

how can barter work?

Barter activities are by exchanging goods that we have with other goods owned by others,
transaction activities with barter schemes severely limit the movement of business people
the function of money here can be better and universal, as the best medium of exchange

It becomes one that can be used for the development of transaction tools in the future. it's best to wait for it to happen in the future of the day.

[jrrsparkles]

Barter is not a perfect system since it can't be used by everyone when they are in less liquid.

So we created a medium of exchange called money to make the process by easier but the problem is the value is not constant it keeps decreasing day by day ecause of inflations that is why we need new technology to overcome this problem.

[Spaffin]

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 barrier existed before the advent of money and was not an entirely convenient form of payment. If a state makes a mistake and decides not to use cash, which is so much talked about in this forum as a desirable and natural phenomenon, then people will have to switch to using barter. This will lead to a fall in the level of development of the country's economy. Therefore, it is better not to experiment with such things.

[BeGoods]

how can barter work?

Barter activities are by exchanging goods that we have with other goods owned by others,
transaction activities with barter schemes severely limit the movement of business people
the function of money here can be better and universal, as the best medium of exchange

the creation of a fiat currency because there is a limit in using a barter system, someone has difficulty exchanging their items with items that have the same value. then the idea arises to make a payment medium, and fiat is born. it's a good breakthrough, barter is not suitable for use now and certainly complicated

[EdvinZ]

Definitely, money is universal in the economic sense and can be exchanged for any product or service. In turn, barter is a local tool, to which you can use only with mutual agreement. Both of these tools can be used where their use is most beneficial for both sides of the transaction.

[joinfree]

I can't really make the head and tail of your question @OP but if you mean to talk about how we can use barter system. Barter system is an old system where we used to exchanged goods with other goods. This was highly practiced during the slave trades when the Europeans came to Africa. Currently this sytem is archaic and not used anymore.

[OrangeII]

Definitely, money is universal in the economic sense and can be exchanged for any product or service. In turn, barter is a local tool, to which you can use only with mutual agreement. Both of these tools can be used where their use is most beneficial for both sides of the transaction.

well, barter is only local, and money is universal. for now, transactions using money are certainly bigger and more attractive to people. however, money is a form of transaction after barter. however, some people must still use the barter system if it is needed.

[Pamadar]

Definitely, money is universal in the economic sense and can be exchanged for any product or service. In turn, barter is a local tool, to which you can use only with mutual agreement. Both of these tools can be used where their use is most beneficial for both sides of the transaction.

If being used and both agrees with how things will be processed, the old style of system might already been extinct or no longer popular nowadays, as the money / fiat system already take over and manage everything around, there's some left behind with old trading system but in due time it will be forgotten
and everything will be cover by Money transactions.

[bonker]

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 system is not in practice anymore that is why we have fiat system, initially gold act as medium of exchange but its physical structure said to be heavy so people print money backed up by gold but later everything under their control.

[Irviyandi]

But now more people will choose money because the money will be faster and barter cannot be done by everyone because there is a certain amount of activity, and the possibility of the bank will be very difficult to develop with this barter system because the bank does not have enough personnel to provide service products.

[Adriano2010]

I also think people use money more than any other things because on most countries there are still need of fiat money to buy basic things, food, pay utilities and other things which can't be buy even with credit cards.

[Oilacris]

how can barter work?

Barter activities are by exchanging goods that we have with other goods owned by others,
transaction activities with barter schemes severely limit the movement of business people
the function of money here can be better and universal, as the best medium of exchange

the creation of a fiat currency because there is a limit in using a barter system, someone has difficulty exchanging their items with items that have the same value. then the idea arises to make a payment medium, and fiat is born. it's a good breakthrough, barter is not suitable for use now and certainly complicated

Hate to say but this is what fiat money do have its purpose where patching up on the things that barter wont able to do.
Not all services or things can be exchange nor transacted through barter that's why creation of fiat is revolutionary on which
it do fits out not only on typical user but also in most merchants or other people who do offer services.

[Chikitita2004]

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?

No barter is not just exchange of goods for services but also exchange of goods for goods. In the history when money was not yet invented or in remote places where people do not have money they do barter like selling a piece of woodcraft for clothing, chicken for grains, vegetable of other items or offer a service for a sack of grains. There was a topic before that talked about the disappearance of money or in the event were there will be no money, so barter will happen.