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> 99.9% of commerce is conducted between people that don’t know each other. By volume I'm guessing. As in a person buying something from Lidl/Walmart. In any c
by marto1 5y ago
> 99.9% of commerce is conducted between people that don’t know each other.
By volume I'm guessing. As in a person buying something from Lidl/Walmart. In any case do you have a source on this claim ?
- keiferski 5y agoI wasn’t using it as a specific number, just as “overwhelming majority.” In reality, it’s probably more than 99.9%.
- muzani 5y agoDo you actually need a source? This is one of those things strengthened by the absence of data. Just look at the supply chain. The pepperoni on a pizza was from a cow or pig somewhere, injected with chemicals from a research lab somewhere, where safety of the chemicals and livestock health was verified by another party. It was butchered by someone unnamed (some argue trafficked immigrants). It was cured by an unnamed person. It was stored in an unknown location, in unknown sanitary conditions. It was sent by an unnamed truck, to an unknown warehouse, run by an unnamed middle man with a turnover rate that's probably high enough to literally not know the names of the workers. It exchanges hands several times down the delivery chain. Thankfully it's a processed product and not something like milk which has to be carefully stored. It reaches an unnamed cook. And that's just one component. This is something that can literally kill you. What's keeping indentured labor from going school shooter and putting arsenic on it? A lot of food is processed in prisons too. There's an awful lot of trust in the supply chain. I live in a fairly corrupted region and worked in the food industry, where it's not uncommon to pad food with non-food items, so I trust this much less. I don't trust my payment gateways either; I keep several bank accounts, only a few of which have payment gateway access and I make sure that I don't have more in an account than I'm willing to lose. So dodgy SaaS isn't a huge priority.
- marto1 5y agoYes, yes, Adam Smith and all. Yet, your your story represents the end consumer perspective. What I have in my mind is a long chain of linked lists that connect and break off in various areas. My point is the butcher company probably has pretty good relations with at least some of their distributors. This also might be highly dependent on geography, culture, type of business. A source of some sort would be interesting for me, because both my and your story are just that - stories, and Adam Smith lived long time ago. Robust logic doesn't need to reflect reality.