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Post by Vene on May 28, 2011 15:19:09 GMT -5
Not if the shells have no intrinsic value. If you are trading for the shells because you want the shells as the end good, then it's barter, if you want the shells so you can trade them for some other good or service, then it is currency.
ETA: Why am I arguing with a self-admitted troll who vomits whargarbl?
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Post by The_WHHAAAMMMM_Burgler on May 28, 2011 15:38:39 GMT -5
Not if the shells have no intrinsic value. If you are trading for the shells because you want the shells as the end good, then it's barter, if you want the shells so you can trade them for some other good or service, then it is currency. Silly me I forgot that barter is limited to goods not goods and services. ETA: Why am I arguing with a self-admitted troll who vomits whargarbl? Oi I only troll some of the time because I have standards. |
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Post by m52nickerson on May 28, 2011 20:12:49 GMT -5
Silly me I forgot that barter is limited to goods not goods and services. No, you can barter for services also. Just like that one GOP congress women wanted people to barter with doctors for services. |
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Post by Vene on May 28, 2011 20:23:55 GMT -5
I pay for everything with live chickens.
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Post by The_WHHAAAMMMM_Burgler on May 28, 2011 20:40:54 GMT -5
Silly me I forgot that barter is limited to goods not goods and services. No, you can barter for services also. Just like that one GOP congress women wanted people to barter with doctors for services. No, you can barter for services also. Just like that one GOP congress women wanted people to barter with doctors for services. [/quote] It would seem that I missed that story, but good grief that is stupid. In retrospect I should have realized that the definitions of barter and currency overlap a bit and only a bit. However: 1) services are not included in the definition of barter 2) 2a of currency lists items that a minted 3) 2b of currency specifies paper money in circulation www.merriam-webster.com/dictionary/barterbarter intransitive verb : to trade by exchanging one commodity for another transitive verb : to trade or exchange by or as if by bartering www.merriam-webster.com/dictionary/currency1 a : circulation as a medium of exchange b : general use, acceptance, or prevalence <a story gaining currency> c : the quality or state of being current : currentness 2 a : something (as coins, treasury notes, and banknotes) that is in circulation as a medium of exchange b : paper money in circulation c : a common article for bartering d : a medium of verbal or intellectual expression I pay for everything with live chickens. I wonder if I could pay people with other people's dox? That would be LULZy. |
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Post by Oriet on May 29, 2011 6:51:10 GMT -5
Yeah, pay attention to 2C, "a common article for bartering." Shells were an early example of that, and so were a form of currency. If BitCoins become commonly accepted for goods (or services) they'll become a currency too (even if not backed, supported, or based upon anything tangible), though currently I think World of Warcraft gold is closer to real world currency than BitCoins.
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Post by perv on Jun 5, 2011 21:29:36 GMT -5
So, Bitcoins are in the news again. Apparently there's already a website, called Silk Road, which is basically eBay for drugs, using Bitcoins and Tor. That didn't take long. Read about it here: www.wired.com/threatlevel/tag/bitcoin/Or see for yourself here: ianxz6zefk72ulzz.onion/index.php (using Tor) Or here: ianxz6zefk72ulzz.tor2web.org/index.php (without Tor - don't buy drugs with way) The people behind Bitcoin seem to be trying to distance themselves from it a little by pointing out that (as I mentioned earlier) Bitcoins aren't really all that anonymous. But I don't imagine they're too upset, it's got them tons of publicity, and caused the price of Bitcoins to double overnight. |
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