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Maybe for large significant transactions, but barter economy is next to impossible for consumer goods. If a lot of the economy goes off the books, it will com
by starkd 4y ago
Maybe for large significant transactions, but barter economy is next to impossible for consumer goods. If a lot of the economy goes off the books, it will come with greater friction between transactions, less overall liquidity.
- d110af5ccf 4y agoyou can "barter" with something like XMR though. that seems to be even lower friction than physical cash in some ways
- tomatocracy 4y agoFortunately though there are lots of substitute currency-like instruments out there. Prepaid debit cards, Amazon gift cards, etc. Or even foreign currency cash like US dollars.