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Topic: Money vs Barter - page 3. (Read 1887 times)

full member
Activity: 658
Merit: 100
December 12, 2018, 10:11:53 AM
Convenience has always been a winner, before the barter system was used by traditional communities to meet their needs. then there is a currency that is more practical and accepted by everyone according to the agreement. and the future is bitcoin is very brilliant when fiat is no longer needed and everyone uses crypto currency faster.
full member
Activity: 1050
Merit: 100
December 12, 2018, 08:57:25 AM
No matter how money changes over time, the purpose of money cannot be used for trade. The evolutionary end point of money is to let the currency disappear. The reason why money is so big now is because people are usually more easily controlled by money, and future humans don't need money. This may take thousands of years to develop. When money disappears, human beings can enter advanced intellectual civilization. Now capitalism is only suitable for early human development. In fact, we are both primitive people and new human beings.

Money cannot be disappeared now and barter system cannot be restored. Although money may change its form from Fiat to Digital. The thing to note is that bitcoin is not currently used mainly as a currency. It is mostly used to trade with alt coins. Once bitcoin is more widely used in sale purchase of goods, then it will be more used as a main currency.
every time of course changes will occur, and evolution is something that is natural. so that over time, of course bitcoin has the opportunity to take place in a transaction, and everyone will follow it
full member
Activity: 868
Merit: 185
Roobet supporter and player!
December 12, 2018, 08:17:49 AM
Money is one of the important concepts, This section talks about money from the perspective of microeconomics.when people exchange goods and services without using money, this is called barter. "I'll cook dinner if you'll do the dishes" is an example of barter. Imagine an economy in wich i can sell services as a consultant to banks, but what i want is to buy a new suit. the clothing store that sell suits does not have any use for my services as a banking consultant. i sell consulting services for money, and i buy a suit using money. money serves as a medium of exchange. the bank does not sell suits. how can barter work?
Money is one of the person's dream. In fact, in other people it is more valuable than blood, love life and etc. Money gives us power which we can use to manipulate other people. But even you have millions of dollar in your pocket, you will still incomplete when ot comes in other such as love. Remember, love and respect cannot buy, it plants to the mind and heart of the people around us. Money is much good than barter change since it has more specified value of what we want to buy or sell.
legendary
Activity: 3136
Merit: 1172
Leading Crypto Sports Betting & Casino Platform
December 12, 2018, 07:21:57 AM
No matter how money changes over time, the purpose of money cannot be used for trade. The evolutionary end point of money is to let the currency disappear. The reason why money is so big now is because people are usually more easily controlled by money, and future humans don't need money. This may take thousands of years to develop. When money disappears, human beings can enter advanced intellectual civilization. Now capitalism is only suitable for early human development. In fact, we are both primitive people and new human beings.

Money cannot be disappeared now and barter system cannot be restored. Although money may change its form from Fiat to Digital. The thing to note is that bitcoin is not currently used mainly as a currency. It is mostly used to trade with alt coins. Once bitcoin is more widely used in sale purchase of goods, then it will be more used as a main currency.
member
Activity: 335
Merit: 10
December 12, 2018, 03:03:14 AM
No matter how money changes over time, the purpose of money cannot be used for trade. The evolutionary end point of money is to let the currency disappear. The reason why money is so big now is because people are usually more easily controlled by money, and future humans don't need money. This may take thousands of years to develop. When money disappears, human beings can enter advanced intellectual civilization. Now capitalism is only suitable for early human development. In fact, we are both primitive people and new human beings.
member
Activity: 448
Merit: 10
December 12, 2018, 01:29:09 AM
Money is one of the important concepts, This section talks about money from the perspective of microeconomics.when people exchange goods and services without using money, this is called barter. "I'll cook dinner if you'll do the dishes" is an example of barter. Imagine an economy in wich i can sell services as a consultant to banks, but what i want is to buy a new suit. the clothing store that sell suits does not have any use for my services as a banking consultant. i sell consulting services for money, and i buy a suit using money. money serves as a medium of exchange. the bank does not sell suits. how can barter work?
The need for barter arises only when, due to various large upheavals in society, the national money of the states depreciates greatly. The presence of paper money is a higher degree of development of financial relations in society compared to barter. Barter symbolizes the backwardness and underdevelopment of the market for goods and services.

For me both are still beneficial but what is more beneficial as of now is money. And you're right barter was from the old times and it's not that applicable for now.
full member
Activity: 658
Merit: 102
December 12, 2018, 12:11:45 AM
Money is one of the important concepts, This section talks about money from the perspective of microeconomics.when people exchange goods and services without using money, this is called barter. "I'll cook dinner if you'll do the dishes" is an example of barter. Imagine an economy in wich i can sell services as a consultant to banks, but what i want is to buy a new suit. the clothing store that sell suits does not have any use for my services as a banking consultant. i sell consulting services for money, and i buy a suit using money. money serves as a medium of exchange. the bank does not sell suits. how can barter work?
The need for barter arises only when, due to various large upheavals in society, the national money of the states depreciates greatly. The presence of paper money is a higher degree of development of financial relations in society compared to barter. Barter symbolizes the backwardness and underdevelopment of the market for goods and services.
jr. member
Activity: 420
Merit: 1
November 12, 2018, 02:41:08 AM
After reading the world history of money and finance, we can conclude that barter is a myth, which was invented by some fanatics and ideologues of a moneyless society.
full member
Activity: 1526
Merit: 111
Pepemo.vip
November 12, 2018, 02:31:11 AM
that's one of the disadvantages of the barter system, not all transactions can be done by barter considering the needs of people are not always the same as the items we have to exchange, so this is where the real function of money is to deal with transaction problems that cannot be done with barter systems.
with the ineffectiveness of the barter system money was agreed upon, which acted as a mediator for various needs of everyone. so that with a certain value an item can be exchanged by money
jr. member
Activity: 178
Merit: 1
November 12, 2018, 01:51:43 AM
barter is an activity of exchanging goods without the existence of an intermediary of money. this system was used because at that time there was no money. and humans are bartering because basically humans cannot produce all the items needed. after money is created barter left. people leave the barter system because barter is inefficient we have to carry items that will be exchanged everywhere. and goods that will be exchanged are difficult to break and it is difficult to find standard exchange rates. so that along with human development they switch to using money.
hero member
Activity: 1666
Merit: 502
November 12, 2018, 01:35:43 AM
Money is one of the important concepts, This section talks about money from the perspective of microeconomics.when people exchange goods and services without using money, this is called barter. "I'll cook dinner if you'll do the dishes" is an example of barter. Imagine an economy in wich i can sell services as a consultant to banks, but what i want is to buy a new suit. the clothing store that sell suits does not have any use for my services as a banking consultant. i sell consulting services for money, and i buy a suit using money. money serves as a medium of exchange. the bank does not sell suits. how can barter work?
The barter system is used if both of them want the goods that both have as you are demonstrating, and in your case indeed the barter system does not exist because in your case the banking cannot provide a suit or whatever you want but this is why a currency is created.
hero member
Activity: 2184
Merit: 891
Leading Crypto Sports Betting and Casino Platform
November 12, 2018, 12:51:25 AM
The government is very anti barter, because they can't collect taxes on it. But to live in this society, we have to use cash. I say get creative, see what you can offer somebody to barter.
The government is considering this market because of its very high profit without any taxes. However, at the present time people still have to use cash to trade everything in life. And one thing in the future will have people come up with solutions to avoid the problems that the government is looking at.
actually cash is also another form of barter because physical exchange with physical, thats why the government makes a bank
system online so that online transactions can be monitored by the government so they will not miss anything like taxes and so forth

Of course, they love to control everything and so they see bitcoin as a threat for losing the centralization.

Using barter has a value designation and you can't exchange your copper to gold as it isn't have equal value unless you trade more copper to a gold. So fiat was born and it made our lives easier as we don't need to carry a sack of potato just to trade for other commodities.
I just don't get it what's the point of OP like the barter and fiat system are clearly enough to understand.
full member
Activity: 644
Merit: 100
November 11, 2018, 10:41:27 PM
that's one of the disadvantages of the barter system, not all transactions can be done by barter considering the needs of people are not always the same as the items we have to exchange, so this is where the real function of money is to deal with transaction problems that cannot be done with barter systems.
hero member
Activity: 910
Merit: 501
November 11, 2018, 10:41:04 PM
This kind of exchange system was popular in the earlier days. Today barter can only be met in small antique shops and bazaar.
member
Activity: 770
Merit: 10
https://streamies.io/
November 11, 2018, 10:05:01 PM
Money is one of the important concepts, This section talks about money from the perspective of microeconomics.when people exchange goods and services without using money, this is called barter. "I'll cook dinner if you'll do the dishes" is an example of barter. Imagine an economy in wich i can sell services as a consultant to banks, but what i want is to buy a new suit. the clothing store that sell suits does not have any use for my services as a banking consultant. i sell consulting services for money, and i buy a suit using money. money serves as a medium of exchange. the bank does not sell suits. how can barter work?
Barter is an old-fashioned method we use. Now everything is different. All items have their own value and you can not exchange with strangers with items. That will increase the surplus of the market. But you can also exchange goods with people who are not afraid of holes or words to get a precious item like antiques.
member
Activity: 420
Merit: 14
November 11, 2018, 09:44:54 PM
Barter existed as a result of absence of money. Barter is exchange of goods for goods. With the arrival of money, barter was eliminated completely. I am not even sure if barter is still in existence in some parts of the world. Paper money (cash) takes the position of barter to correct the problems that people faced when barter was used as a means of exchanging goods for goods such as :system are as:
1. Double Coincidence of Wants
 2. Lack of a Standard Unit of Account
3. Impossibility of Subdivision of Goods
4. Lack of Information
5. Production of Large and Very Costly Goods not Feasible.
Those are among other problems that barter could not resolve.
      Presently, cryptocurrency is taking the place of paper money that's money in the nearest future will go into extinction thereby leaving the whole world to adopt cashless economy which will put an end to those that engage in stealing paper money in some countries especially in my country

I think this person nailed it on the head but I'll put in a few ideas of.mine to sound original. One example of the downside of a barter system is that if the services or goods you peddle doesn't have much demand for it therefore ypur value decreases. A monetary system places a value on goods and services backed up by a trust that the government will provide.
newbie
Activity: 219
Merit: 0
November 11, 2018, 03:03:28 PM
Barter existed as a result of absence of money. Barter is exchange of goods for goods. With the arrival of money, barter was eliminated completely. I am not even sure if barter is still in existence in some parts of the world. Paper money (cash) takes the position of barter to correct the problems that people faced when barter was used as a means of exchanging goods for goods such as :system are as:
1. Double Coincidence of Wants
 2. Lack of a Standard Unit of Account
3. Impossibility of Subdivision of Goods
4. Lack of Information
5. Production of Large and Very Costly Goods not Feasible.
Those are among other problems that barter could not resolve.
      Presently, cryptocurrency is taking the place of paper money that's money in the nearest future will go into extinction thereby leaving the whole world to adopt cashless economy which will put an end to those that engage in stealing paper money in some countries especially in my country
jr. member
Activity: 392
Merit: 1
October 23, 2018, 07:17:31 AM
I believe the mode of payment has really evolved and am happy with the current monetary system. Looking at the barter system of trade, sometimes you are faced with the problem of double incidence of want where you find it very difficult to find someone who is interested in the commodity at your disposure. I believe money is far better than the barter system of trade.
newbie
Activity: 19
Merit: 0
October 08, 2018, 04:09:24 PM
Money is one of the important concepts, This section talks about money from the perspective of microeconomics.when people exchange goods and services without using money, this is called barter. "I'll cook dinner if you'll do the dishes" is an example of barter. Imagine an economy in wich i can sell services as a consultant to banks, but what i want is to buy a new suit. the clothing store that sell suits does not have any use for my services as a banking consultant. i sell consulting services for money, and i buy a suit using money. money serves as a medium of exchange. the bank does not sell suits. how can barter work?

There is a reason a barter is really inconvenient for our current times. First of all, not every and all goods are available at the market at the given time, so you may just be sitting with your, say, "furs", if you want to trade them for "lumber", but "lumber" trader wants some "spices". That's for a simplest example.
Another thing is the prices isn't really fixed, in barter system. Everyone just make up their own prices, and that makes overall market chaotic.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
October 08, 2018, 03:22:29 PM
Money and barter are clearly different. For now money is the main transaction tool in the world. Of course we know, the purpose of people who work, trade, etc. is to get money, with money we can buy the needs we want, buy not barter. Barter is the way our ancestors used to make transactions. Example: Fruits are exchanged for rice, they will exchange the items they buy with other items they need. So, in my opinion, barter is the exchange of goods with goods, and money is exchanged for that item, which is called buying rather than barter.
Even if the creation of money has made the economy a lot more efficient there are still a lot of people that prefer to barter to try to obtain stuff, I do not know about the laws in your country but there are several countries around the world in which transactions which use barter do not generate taxes, so if you are a very skilled negotiator then you can slowly but surely increase your wealth by getting more expensive stuff with your ability to barter.

However that is something that only a selected few can do, because as we can see, it is a lot more efficient to use money to obtain whatever you want even if that means that you need to pay a little bit of taxes with each transaction that you make.
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