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thanks for the reply I'd argue that pretty much every civilization has tried the peer-to-peer thing in the beginning. I won't get too much into the history of
by endisneigh 5y ago
thanks for the reply
I'd argue that pretty much every civilization has tried the peer-to-peer thing in the beginning. I won't get too much into the history of bartering, but to your point regarding a central pain in the ass, I think that's why the entire world has sort of settled on "proof of violence." ultimately, like you've said, the only way to defend your position when you're a large central authority is with violence.
- delaaxe 5y agoThere isn't much evidence that bartering ever was the way people did business. Lots of evidence for lending & borrowing though (debt).
- endisneigh 5y agoindeed - bartering really isn't a sustainable thing, and like you mentioned debt ended up being heavily used to facilitate exchanges. said debt in many cases ended up being centrally facilitated. the rest of history.