Barter and Indirect Exchange ~ Bitcoin to the Max
World Crypto Network
Rothbard examines barter's failure—double coincidence of wants, indivisibility—and money's emergence through market competition. Indirect exchange solves this using more marketable intermediaries. The most marketable commodity becomes money through reinforcing demand cycles. Bitcoin and gold emerged as money through free market selection for marketability, not government decree. Money requires pre
https://relay.towardsliberty.com/2131f4e051e64a0051ffbb58cfb9f49b8679cdc0c86538c13bff5c3aaeef1197.mp4
World Crypto Network
Rothbard examines barter's failure—double coincidence of wants, indivisibility—and money's emergence through market competition. Indirect exchange solves this using more marketable intermediaries. The most marketable commodity becomes money through reinforcing demand cycles. Bitcoin and gold emerged as money through free market selection for marketability, not government decree. Money requires pre
https://relay.towardsliberty.com/2131f4e051e64a0051ffbb58cfb9f49b8679cdc0c86538c13bff5c3aaeef1197.mp4