people must (and want to) consume in order to do so, people must also produce. people dont always want to produce the same things they consume some people have a greater ability (and/or willingness) to produce things than others
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so lets assume a system where different nodes (ppl/groups of similar people) are somewhat specialised in the thing they produce now people can trade a thing they've produced (but dont require) with another node that has something they want to consume
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this becomes hard, because things some things are more 'expensive' than others. they take more time, more resources also, the other producers whose product i want to consume, might not want MY product at all this is where we need a way of quantifying or evaluating products
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if we can put a value on all the things that are produced, we can use this value token as an intermediary, and trade value bits for things to consume, instead of other produced things yay
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Replying to @cosimia_
REA attempts to do this http://reatechnology.com/what-is-rea.html …
@pospigos is working on Holo REA on@holochain1 reply 0 retweets 2 likes
One day I'll be able to understand this
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