@NickSzabo4 what do you think of David Graeber's position on this saying there is no anthropological proof for the barter story?
Big experiment shows emergence of money from barter http://economics.ucsc.edu/research/downloads/MoneyAndMiddlemen_10-10-15.pdf … Historical involved far higher tx costs http://nakamotoinstitute.org/shelling-out/
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@paulbuitink There were indeed obligations long before spot barter markets. But also coincidence of wants problems and intermediate goods. -
@NickSzabo4 thanks. Can I interview you about the origins and future of money one day for http://reinvent.money ?
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First link is a really fun paper on money in Team Fortress 2, second link you should have already read
@NickSzabo4pic.twitter.com/kHj5xYohVf
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I love bartering and I think the elimination of it has costs as well -especially at the community level.
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Definitely. But bartering can help strengthen communities, stretch resources, utilize unemployed skills, etc.
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By not eliminating the human component. Have you ever bartered?
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I've bartered services more than goods and it's very rewarding. (Haha, not "those" services...)
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@NickSzabo4 Interesting to note this was done around the time Yanis Varoufakis was working at Valve http://blogs.valvesoftware.com/economics/Thanks. Twitter will use this to make your timeline better. UndoUndo
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