Bitcoin Mutuality And Global Barter

Barter is an economic system in which money is, for all intents and purposes, absent. I give you guitar lessons, you give me chickens. There is no medium of exchange, other than the actual goods, services, expertise, etc. It wasn’t all that long ago that people lived in communities in which such mutuality formed the foundations of human organization. Much has changed. Bitcoin offers us a chance to reclaim mutuality, the very spirit of barter, as our human birthright.

The Nature Of Money In Human Civilization

Money is extractionary. More accurately, human beings employ money in an extractionary manner. Because of this, the process of accumulating money is both self-reinforcing while simultaneously community-negating. With the increasing power that comes with money’s accumulation comes an attendant decrease in the perceived need for community. The more money one gets, the more power and influence one experiences, the more one wants to accumulate so as to compliment this ever-expanding power, the more one exploits rather than engages in community, ad infinitum. According to Forbes, the three richest men in America hold more wealth than do the poorest 50%. Their combined net worth is over half a trillion dollars. This gives these men (and others like them) the ability to extract anything they want from people and institutions. Because of this dynamic, these individuals exist outside of the community. The concept of mutuality is alien to them for it is not applicable to their needs. They needn’t build relationships within a community because money provides the ability to extract what they desire without relationships. Herein narcissism and psychopathology blossom and flourish. Indeed, because money rejects community and because those in control of money have no need for community other than as a way to meet objective needs, it is a means through which sociopathology and sadism are in fact realized. Now extrapolate this on a global scale and imagine where it leads. Money eschews compassion

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