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This got me thinking. Can a clever digital barter system make money obsolete? Did anyone try it?
by cousin_it 19y ago
This got me thinking. Can a clever digital barter system make money obsolete? Did anyone try it?
- dualogy 19y agoYeah, people tried and try it all the time. Then they arrive at some imaginary medium/currency other than "money". Only, if it's a medium for exchanging goods or services, it ends up being money no matter what it is called. And if you try to get rid of a medium altogether (one-to-one bartering), you end up with a vastly less attractive market exchange.