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    Author Topic: We once had a barter system here, but the government smashed it  (Read 578 times)
    DoublerHunter
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    January 27, 2021, 10:45:38 AM
    Merited by ReiMomo (1)
     #21

    ^ Bater system was found out that there is no standardized value, you cant completely exchange your one sack of rice into a pair of shoes.
    But I cant compare this to the BTC, government did not allow adoption in cryptocurrency just because this is a non-regulated currency, all currencies must be regulated by the government.
    Nevertheless, see how the differences between the barter system and the currency and for sure it is different to BTC as a currency.
    https://www.investopedia.com/ask/answers/061615/what-difference-between-barter-and-currency-systems.asp
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