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In guessing the price range of a radically new consumers' product of small unit value, the concept of barter equivalent can be a useful research guide.
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Eighteen years ago Congress passed legislation that established barter as the equivalent of cash for tax purposes.
And that reinvention was something of a revolution, and one that speaks directly to us, because the way they used money, instead of barter or a straight equivalent in precious metals, required both buyer and seller to accept the abstract idea of value.
Smetana's overture to his opera The Bartered Bride is the instrumental equivalent of a bracing run, with the strings doing sprint bursts in the fast semiquavers of the Dance of the Comedians.
Another interesting – if derivative – implementation is something that is being called Bitcoin^2, a service that bases the value of bitcoins on "exchanges via the natural energy equivalent value – a variant of barter".
Another interesting – if derivative – implementation is something that is being called Bitcoin^2, a service that bases the value of bitcoins on "exchanges via the natural energy equivalent value – a variant of barter". What this means is anyone's guess although the creator is piggy-backing on the notoriety of the secretive founder of bitcoin, Satoshi Nakamoto in order to launch their B2B exchange.
While a local would have bartered a better price, I paid the equivalent of $20 for a four-block ride.
Mr. Meyer noted that just as in every e-commerce category, the online barter category filled quickly with companies that hoped to become the industry's equivalent of eBay -- "where it's all self-induced activity," he said.
Why barter?
Barter was widespread.
Barter was rampant.
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CEO of Professional Science Editing for Scientists @ prosciediting.com