Hello my name is Daniel Hanrahan and I created a barter facilitator application and do you think it is the future of commerce: https://github.com/Daniel-Hanrahan-Tools-and-Games/Barter_Facilitator Sincerely, Daniel Hanrahan
Hello my name is Daniel Hanrahan and I created a barter facilitator application and do you think it is the future of commerce: https://github.com/Daniel-Hanrahan-Tools-and-Games/Barter_Facilitator Sincerely, Daniel Hanrahan
Do you have a demo video or something to watch? Or could you provide a bit more detail about the problem you’re trying to solve, what a typical use case might be? I rarely clone a github repo and try running it. Not just because it takes time and I’m often browsing on my phone, but because I don’t want to let potentially malicious code run on my computer.
I agree that money can seem like the cause of a lot of problems, but ultimately isn’t it a pretty good intermediary for trade? Maybe skipping money entirely would be great in the event of some sort of global currency collapse, but even then, maybe we would just use bottle caps or something?
And even if someone can prove that money is indeed a bad thing, even if we abolished it and resorted to barter… wouldn’t some people just hoard some other in-demand commodity and become powerful through that?
I feel like money isn’t the root of all evil, it’s just a representation of wealth and people hoarding wealth is probably the real issue.
That’s because it isn’t…to explain, many people misquote a verse from the biblical texts.
1 Timothy 6:10: “For the love of money is a root of all kinds of evil, and in their eagerness to be rich some have wandered away from the faith and pierced themselves with many pains.”
ah, interesting! I might have heard that this was misquoted before (and forgot), but I didn’t know it was from the bible.
“… of all kinds of evil” is interesting too. To me this implies that loving money isn’t necessarily always a problem, if it means say being frugal to save money/food to survive the winter or something, or saving for your children’s future.
The problem I am trying to solve is mostly all currencies or all currencies are going down the toilet and this software is the solution or part of the solution when the final blow happens with all these currencies. If you need me to explain better let me know.
Thanks, I get how barter would help in that case, but without running your software or seeing a demo of what it does, it’s not clear to me how it works, or why it’s better than alternatives. You said this elsewhere:
Now that sounds interesting, how does it determine the value of products? And in the absence of money, how does it even represent value?
I’m asking this because I’m curious, but I’m also trying to give you tips on how to make a more engaging post. I’m not super interested in actually switching to bartering instead of using money right now, but I’d read about how your project works for a few minutes if you want to write about it. I suspect others might feel the same way. I looked at your github repo README and it’s all just technical instructions on how to run it.
After reading an explanation for how it works and why it’s more useful than other alternatives, then I might consider actually downloading the source and trying to use it.
Especially if you make bold claims like “is this the future of commerce” … you have to at least explain what you did if you’re going to say something like that.
If you want to understand the software in better depth I have the source code very well commented.
Algorithm for determining value of a product: the highest possible value for a product / ( the amount of people who has the product - the amount of people who want the product ) = value of the product, but however when there is one offer for a product it is only the highest possible value for a product because there is only one offer.
How do you calculate this?
As demand increases, the value increases, but at some point when demand exceeds supply (which is common), the opposite happens: the magnitude of the value starts to decrease (though that value is now negative).
For example, two sellers sell a product, and four people want it. Let maximum value be
v_m. Value is calculated to bev_m / (2 - 4)=-v_m / 2. If two more people want it suddenly (so 6 now), it becomesv_m / (2 - 6)=-v_m / 4, which has a lower magnitude despite the higher demand and static supply. This is contrary to how supply and demand actually work, where value generally increases as demand increases (if supply remains static).Maybe value means something differently to me than it does to you though. Ideally supply would always equal demand (which makes your denominator 0, breaking the equation entirely since that would be undefined), but that would be really difficult to control.