3 ms·
Strictly speaking, can you even have any exchange of value without a third party, though? The money has to come from somewhere at first - the government, or in
by everfree 6y ago
Strictly speaking, can you even have any exchange of value without a third party, though? The money has to come from somewhere at first - the government, or in the case of gold, a third party who dug it up. I think your argument is ad reductio.
Without third parties who exchange money for something, money itself cannot exist. So the concept of money "strictly without any third party at all" doesn't make much sense.
- brightball 6y agoIt’s just streamline bartering. Establishment of value is an entirely different topic. Use gold if you like. Water is worth more when you’re thirsty.