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
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
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.
The software allows barter to be the international main method of barter, does that explain it better for you.