Bitcoin As Mutuality And Global Barter
Bitcoin is a system that benefits from mutual cooperation like barter versus the current money system of extraction.Barter is an economic system in which money is, for all intents and purposes, absent. I give you guitar lessons, you give me chickens. There is no medium of exchange, other than the actual goods, services, expertise, etc. It wasn’t all that long ago that people lived in communities in which such mutuality formed the foundations of human organization. Much has changed. Bitcoin offers us a chance to reclaim mutuality, the very spirit of barter, as our human birthright. The....
Related News
At Barter Smartplace, collectors can use barter exchange as the best way to build a collection. Trade coins for paintings, sculptures for digital art, a 1960s car for a collection of several gold coins, and many more exchange options are now available through barter. What Is Barter Smartplace? Barter Smartplace is a decentralized exchange for the barter trade of goods, currencies, and digital assets. The project has been developed with its own and private investment funds since December 2018, and this week the long-awaited launch of the NFT Marketplace took place with a security audit from....
Using barter as an alternative economic model is an interesting, yet not entirely surprising choice. In this day and age, most consumers have plenty of goods, yet very little cash on hand. Changing the goods one doesn’t need [as much] against something more desirable is a tried and tested method to exchange value between parties in a peer-to-peer fashion. The Greek financial crisis over 2015 has taught the entire world a valuable lesson, in the form of how quickly the economy can go from bad to worse. It comes as no surprise to find out residents have been looking for....
The Canada Revenue Agency issued an official release on how to treat bitcoin and other virtual currencies for taxation this week after signalling its intent to do so back in May. The guidance gives tax advisors working with Canadian bitcoin companies something to go on when working within the bitcoin space. Although it contains no new information, it does reinforce the CRA's previous statement on the subject. The fact sheet, entitled 'What you should know about Digital Currency', is a very brief outline that simply states that tax rules apply when it is used to pay for goods and services....
Overview. This summer, my family decided to add a bitcoin-only twist to our annual trip to New Hampshire for the Porcupine Freedom Festival (PorcFest). We had no clue if cross country travel on bitcoin was possible, but our love for adventure and crypto currency inspired us to find out. Last year we challenged ourselves to spend no Federal Reserve Notes (FRNs) at Porcfest, and it was a smash success. We used silver, bitcoin, and barter for food, childcare and other needs during the festival. At the time, a bitcoin was worth around $20. During the course of the past year, we watched Bitcoin....
Bitcoin, still a financial technology in its infancy in terms of adoption, can seem mystical to some. Blockchain technology is unlike any other system currently powering currency, and as such is not properly understood by the public at large. To many, especially of the older generations, cryptocurrency can seem like magic, a trick of digital sorcery, and certainly not something upon which one would place their trust and life savings. To aid in the understanding of cryptocurrency, I will attempt to explain BitcoinCT r: 8 through the allegory of a pre-electricity village, without referencing....