Hello my name is Daniel Hanrahan and I created a barter facilitator application and do you think it is the future of commerce: https://github.com/Daniel-Hanrahan-Tools-and-Games/Barter_Facilitator Sincerely, Daniel Hanrahan
Using money is just a simplification of barter. I don’t have time to play barter with 12 people to get the 1 thing I need. Instead I trade dollars/coins/gold/whatever mutually agreed upon token of value.
Also, my boss doesn’t pay me in chickens that I can’t use
The argument against money is just silly.
I understand what you are trying to say but however though every single currency or mostly every single currency is going to become worthless like the Weimar mark or the Zimbabwean dollar. I am basing that on both what I see on the news and what is happening to people all around me.
And there will be another currency after that.
Again, I’m not spending my time bartering the chickens my boss gave me for some crabs, for some iron, for some gas, just to trade that with the person that has the thing I need, because thats what they wanted.
If you come up with any argument about “well my simplifies that by making the trades for you”, then you’ve just re-engineered currency.
Currency isn’t the issue, it’s money lenders (you know, the table Jesus supposedly threw over at the synagogue), because it’s the generation of debt to make profit at the expense of others, while not contributing anything tangible, that’s the problem according to the parable.
You could still have debtors in a barter system, and that would still be problematic. It would still be debtors preying on people with little to start with, like payday loan places. “We’ll loan you 2 chickens today, but you’ll owe us 3 on pay day”. See, no difference.
Now if you want to make a local barter system just because, that’s different. But acting like you’re going to replace currency is naive, at best. Currency has been with mankind for thousands of years, because it simplifies trading.
Yes but what about the software determining the value of the products, can you answer that.
This would still be true in a barter system.
You give your bank 2 chickens. Your account now has 2 chickens. To save people the effort of transporting chickens, you give someone an IOU (bank note) equivalent to 2 chickens, and they do the same for your gas or whatever. Now you have a system of currency and a method of exchanging each currency (chickens, gas, cows, etc) for each other.
Software is created on this system of currency, and defines conversion rates between each currency. Software defines the value of products relative to each other now.
Exactly, now you understand the point of the software now.
Not really, no. Assuming that all currencies are going down the toilet and your software is supposed to sidestep it in some manner, then all you’re really introducing is basically an exchange for a new system of currencies. You end up in the same place in the theoretical future where barter is the main method of trading.
On the other hand, if you’re doing this just for fun, then there’s nothing wrong with that, and introducing it that way might get you a better reception. But this is not the future of trade, just a niche tool that some might find useful, which is perfectly fine.
It is not.
Do you have a demo video or something to watch? Or could you provide a bit more detail about the problem you’re trying to solve, what a typical use case might be? I rarely clone a github repo and try running it. Not just because it takes time and I’m often browsing on my phone, but because I don’t want to let potentially malicious code run on my computer.
I agree that money can seem like the cause of a lot of problems, but ultimately isn’t it a pretty good intermediary for trade? Maybe skipping money entirely would be great in the event of some sort of global currency collapse, but even then, maybe we would just use bottle caps or something?
And even if someone can prove that money is indeed a bad thing, even if we abolished it and resorted to barter… wouldn’t some people just hoard some other in-demand commodity and become powerful through that?
I feel like money isn’t the root of all evil, it’s just a representation of wealth and people hoarding wealth is probably the real issue.
…money isn’t the root of all evil…
That’s because it isn’t…to explain, many people misquote a verse from the biblical texts.
1 Timothy 6:10: “For the love of money is a root of all kinds of evil, and in their eagerness to be rich some have wandered away from the faith and pierced themselves with many pains.”
ah, interesting! I might have heard that this was misquoted before (and forgot), but I didn’t know it was from the bible.
“… of all kinds of evil” is interesting too. To me this implies that loving money isn’t necessarily always a problem, if it means say being frugal to save money/food to survive the winter or something, or saving for your children’s future.
The problem I am trying to solve is mostly all currencies or all currencies are going down the toilet and this software is the solution or part of the solution when the final blow happens with all these currencies. If you need me to explain better let me know.
Thanks, I get how barter would help in that case, but without running your software or seeing a demo of what it does, it’s not clear to me how it works, or why it’s better than alternatives. You said this elsewhere:
what about the software determining the value of the products, can you answer that.
Now that sounds interesting, how does it determine the value of products? And in the absence of money, how does it even represent value?
I’m asking this because I’m curious, but I’m also trying to give you tips on how to make a more engaging post. I’m not super interested in actually switching to bartering instead of using money right now, but I’d read about how your project works for a few minutes if you want to write about it. I suspect others might feel the same way. I looked at your github repo README and it’s all just technical instructions on how to run it.
After reading an explanation for how it works and why it’s more useful than other alternatives, then I might consider actually downloading the source and trying to use it.
Especially if you make bold claims like “is this the future of commerce” … you have to at least explain what you did if you’re going to say something like that.
If you want to understand the software in better depth I have the source code very well commented.
Algorithm for determining value of a product: the highest possible value for a product / ( the amount of people who has the product - the amount of people who want the product ) = value of the product, but however when there is one offer for a product it is only the highest possible value for a product because there is only one offer.
the highest possible value for a product
How do you calculate this?
the amount of people who has the product - the amount of people who want the product
As demand increases, the value increases, but at some point when demand exceeds supply (which is common), the opposite happens: the magnitude of the value starts to decrease (though that value is now negative).
For example, two sellers sell a product, and four people want it. Let maximum value be
v_m. Value is calculated to bev_m / (2 - 4)=-v_m / 2. If two more people want it suddenly (so 6 now), it becomesv_m / (2 - 6)=-v_m / 4, which has a lower magnitude despite the higher demand and static supply. This is contrary to how supply and demand actually work, where value generally increases as demand increases (if supply remains static).Maybe value means something differently to me than it does to you though. Ideally supply would always equal demand (which makes your denominator 0, breaking the equation entirely since that would be undefined), but that would be really difficult to control.
I’ll check it out. Even if it doesn’t work conceptually, it’s still cool to think about alternatives to the Capitalist markets and currencies that are dominant.
Thank you
We lost track of what money was supposed to be for… a representation of the resources and services in circulation. In which it was supposed to facilitate trade by creating tokens to facilitate transactions without the requirement of trust in the absence of a good, like when a farmer would need a tool from a blacksmith but the goods that the farmer has are only available when harvested in which the tool that the blacksmith has is required to retrieve them. In the presence of trust, the blacksmith was going to still trade and expect the goods when time was due. In the absence of trust, like in relation to a stranger, this trade wouldn’t go forward. Money as a representational token solved this sort of common issue. And this became a necessity when tribes went above the Dunbar’s number.
Cut to now…
What the hell is an economy even supposed to represent anymore? It is certainly not a representation of the resources and services in circulation, that’s for sure. 6 out of 9 planetary boundaries already breached all to ensure the survival of this abstraction. Some even call it Moloch as a reference to the pagan god which required human sacrifice. I thinks it’s worse, as it requires the sacrifice of everything, not just humans. But it is certainly a clever nod to something that was only real because people believed it to be.
Back to your project. A FOSS Barter Facilitator. There’s nothing I don’t like about this. Just make sure the protocols remain open to federation of future FOSS Barter Facilitators and you have a slice of Utopia to challenge the dystopian hell we’re in.
You have something here that can alleviate people’s lives in times of great need. Resource collapse is imminent now. If that is not at least partially avoided, that makes the collapse of the global economic system inevitable. What happens after that is a fool’s errand to even attempt to guess. We only know it’s not gonna be peaceful and nice given the stupidity in human nature. Scarcity always leads to the forming of new predation systems. That is how predation was formed in Nature. The incapacity for self-regulation led to animals to reproduce and consume more than the regenerative availability of their setting allowed, leading them to predate on each other. This is how violence emerged in Nature and still does to this day. When we lose track of self regulation we return to the scavenger’s rule of the wild.
But this helps in giving people access to trade without the requirement of capital tokens. Huge spikes in inflation, unemployment and mass migrations are only going to increase in volume and in rate as resources continue to collapse worldwide. We’re in a feedback loop and war and A.I. will only accelerate the velocity of it.
Or, you know, we could have more ideas like yours and reduce resource intake, increase individual resiliency and in doing so, lessening the panic in the common struggles.
So…
I’m certainly saving this post and link and share it with anyone who is inclined to listen.
I’m not a coder, so I thank you for such a wonderful contribution to the world.
You are welcome and everything is open on that application and I have the database file on the’re, in order to have the database decentralized.
