Topic: Can civilization revert to a barter system (Read 685 times)

Ima thinking about how high CBDCs will have the powers actually? I know that it is backed up by the government, but I don't think it will be a must done by their citizens to use CBDC.
Barter is actually complicated if used right now. The era has been different from the past.
It may work, but not sure if that will be effective and efficient, moreover f this is about long-distance trading and business.
On the other hand, the government will also not force to only use Cbdc. It only becomes one of the alternatives offered officially by the government, doesn't it? Not becomes the one that must be used.

This is true on which there are still people who are stuck in the past and wont tend to improve out themselves on trying out to adapt on whats the current system the world is in.
They do tend to stick on whats on the past and wont welcome on  any changes or advancement that is really currently happening and thats the hardest part in talks of full adoption or integration of things and we couldnt  really just let ourselves get stuck with the old system which it is not really that worth nor sensible on continuing if there is something which is more better and more faster and secure.

This is true on which there are still people who are stuck in the past and wont tend to improve out themselves on trying out to adapt on whats the current system the world is in.
They do tend to stick on whats on the past and wont welcome on  any changes or advancement that is really currently happening and thats the hardest part in talks of full adoption
or integration of things and we couldnt  really just let ourselves get stuck with the old system which it is not really that worth nor sensible on continuing if there is
something which is more better and more faster and secure.

Will the existence of this CBDC eventually erase fiat or paper money that has been used by residents in each country?
Does this CBDC also mean erasing various e-Money that has been official and valid?
If not, why bother going to the barter system? Don't we still have this alternative?
Moreover, every time there will be changes. In the past the barter system worked well, even I still feel how the barter system works.
But as time goes by, people are increasingly allowed to use "fiat money" and eventually we get used to this. And now there is also e-money, then cryptocurrency. Some have used this, but that doesn't mean fiat money is abolished.
And if later CBDC is required and abolishes fiat, then it may only be done by certain countries whose people are already prepared.
But if everything is not ready, I'm not sure that they will force them to only use CBDC or people will choose to barter again.

Central banks have announced CBDCs (central bank issued digital currencies). Some have voiced concerns of CBDCs being tools of surveillance and control. If society experiences CBDCs and decides they do not like them, will it be possible to revert to a barter based system of trade?

A barter based system could be more susceptible to fraud and scams. Yet would allow for financial transaction outside of CBDC regulation. This could become a necessary step if some individuals and businesses are deplatformed by CBDC. Some businesses can only survive by paying workers under the table.

In practice a barter based system could function similar to ebay with an independent and reliable 3rd party form of escrow. (Blockchain based of course, we aren't complete savages and primitives  )

Could a barter system be a worthwhile form of trade past the year 2022. Perhaps the next big leap forward will be a retro move backward into the past.

With all the luxury that we have and all the philosophy and ideas that a work should get paid of something equal, I think that it's a no-brainer to say that we won't be able to go back to that point, at least on a global scale. This capitalistic society has build a strong supply chain that many industries rely on and reverting to that system might be considered catastrophic for theze industries.

The problem is that rapid and even very fast technological advances are not accompanied by the readiness of some people who still want to be in the old system so they don't want to move from their place even though the demands should be seen that they inevitably have to follow civilization in order to not left behind, and this is what causes some people to lack interest in seeing the future because they are comfortable in the past

The technology has made us advanced and we can make payments at the ease of one click but what's the fun of going back in time for the rebirth of the old payment system known as barter exchange? Suppose you want to buy rice meals but you have wooden plates at your home and you will have to find the person who will have rice meals and want to have wooden plates from you.For these kind of situations you need to fulfill the two conditions and this is not possible in the current scenario.We have more advanced technology like btc where you don't need to worry about double coincidence of wants and whatever you want just pay it with LN within few seconds and no third party involvement.So why think about traditional methods.

If we talk about CDBC then it's again central control and it's nothing else but just digital fiat and even if they use Blockchain technology they will not provide any freedom to you and moreover they are just tools to make government more profits and whenever they want to make changes in it they can.



Government and central banks are trying to make people fool with their CDBC launch while most of them are figuring out how to explore Blockchain technology and make it fully central control and what do you think they will do when they launch it or why do they fear bitcoin? They want only profits and freedom of funds is not a good option for them.You yourself needs to be aware about how to use money with security and safeguard yourself from rising inflation so have btc stacked.

Come to think alone that technology advancement do really flies fast and everything is gradually turns out to be digitalized already which means that we cant really turn into those times on where barter system is on the

works because talking about precision and accessibility and time of execution times is much more faster or way more better then it is just dumb that we would go back into a system where it is done manually.

I dont get the point on considering that we would really be going into those old system which most people been thinking off on how to make things way more faster and better.

It can't be, nobody can go back to barter system, there could be some industrial barter systems available for some industries that goes around in a cycle but that is about it, cannot be global.

The whole point of OP even writing this was to test the waters and if we have so many people saying no just here, imagine how many people would say no to anywhere else. This is why I honestly believe that we should not be really shocked that barter systems could be anything but a failed system if it is even tried.

I don't really see how a barter system could be working in today's world. The world became so international in the last 50 years. Almost any large company produces in multiple countries and relys on transportation of goods across long distances. The barter systems humans had in the past waa very local restricted. You know the seller or buyer and exchange directly with him. But now electronics buyers from North America or Europe have no real interaction with the sellers from China. It can't really be a direct barter transaction, so we need something in between, which is money right now. There will always be the need of some kind of medium in between.

I don't really think we can go back to the old barter system in which you would exchange or trade something in return because that was so outdated already and in modern times, you can hardly see the part in which you could try to insert it to be used again. Most especially now that innovation and technology are rapidly spreading and used by almost everyone. Maybe in a little area like in some parts of a country which is rural, it can possibly happen. In the province and in simple communities, this would be probable and doable - to have a barter system that could enable people to live like it was an old century again. However, this won't be possible in the cities as this is more of a task and not everyone has the luxury to trade something for something. This could also bring conflict such as unjust wage counterparts and such to the workers. It's still much better to have it in a money-based system. Because after all, we cannot pay bills with vegies. I doubt the big corporations would even accept that.

Central banks have announced CBDCs (central bank issued digital currencies). Some have voiced concerns of CBDCs being tools of surveillance and control. If society experiences CBDCs and decides they do not like them, will it be possible to revert to a barter based system of trade?
A barter based system could be more susceptible to fraud and scams. Yet would allow for financial transaction outside of CBDC regulation. This could become a necessary step if some individuals and businesses are deplatformed by CBDC. Some businesses can only survive by paying workers under the table.
In practice a barter based system could function similar to ebay with an independent and reliable 3rd party form of escrow. (Blockchain based of course, we aren't complete savages and primitives  )
Could a barter system be a worthwhile form of trade past the year 2022. Perhaps the next big leap forward will be a retro move backward into the past.

The technology has made us advanced and we can make payments at the ease of one click but what's the fun of going back in time for the rebirth of the old payment system known as barter exchange? Suppose you want to buy rice meals but you have wooden plates at your home and you will have to find the person who will have rice meals and want to have wooden plates from you.For these kind of situations you need to fulfill the two conditions and this is not possible in the current scenario.We have more advanced technology like btc where you don't need to worry about double coincidence of wants and whatever you want just pay it with LN within few seconds and no third party involvement.So why think about traditional methods.

If we talk about CDBC then it's again central control and it's nothing else but just digital fiat and even if they use Blockchain technology they will not provide any freedom to you and moreover they are just tools to make government more profits and whenever they want to make changes in it they can.



Government and central banks are trying to make people fool with their CDBC launch while most of them are figuring out how to explore Blockchain technology and make it fully central control and what do you think they will do when they launch it or why do they fear bitcoin? They want only profits and freedom of funds is not a good option for them.You yourself needs to be aware about how to use money with security and safeguard yourself from rising inflation so have btc stacked.