Barter and Gifts in the Age of Steem

in steem •  2 years ago  (edited)

Wikimedia CC by DanielPenfield.jpg

Four cans of lima beans. A wedding band. Wrenches. Costume jewelry. A flashlight. A Janis Joplin recording and a guitar with two broken strings.

Those were some of the items acquired by toll collectors on the Golden Gate Bridge in the 1970s. When drivers did not have 50 cents to pay the bridge toll, they turned over items of personal property instead. These items later sold at an auction, some fetching more than 50 cents while others were worth less.

Can you imagine paying a highway or bridge toll today by handing over your alarm clock or half a can of gasoline? Today, most highways and bridges in the U.S. don’t even have humans in the toll booths anymore; cars use electronic tags or bridges use license scanning technology. If you speed through without paying, they take a picture of your car’s license plate and send the owner a fat bill in the mail.

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Image from Lohud.com

Reading about bridge history, I was struck by these toll collectors’ practice of accepting personal property offerings when people did not have the money to pay a toll. It certainly was a different world. Today, everything has a bottom line value. Even if you’re buying, selling, or trading a used car or a used iPhone, the first thing you do is look online and see what the market rate is for that type of product.

Bartering is the practice of trading for goods or services without money. Bargaining is half the fun at any street market, anywhere in the world, since you usually can get things more cheaply than the first price quoted. And in many types of marketplaces, deals are made that involve a trade or exchange rather than a sale.

Seed4Songpixabay.jpg
CC0 from Pixabay.

I see it every time I’m at a local farmer’s market: the baker trades a bag of rolls for some apples and the fruit seller hands a basket of berries to the beekeeper for a jar of honey. I even saw a young dentist there one day, handing out his business cards, and presumably he might agree to trade a tooth cleaning in exchange for several weeks’ worth of salad greens (though I’m just guessing there). Meanwhile, the hummus lady is 10x the hustler of these other vendors; they sit around and let their produce do the talking, while she’s handing out free samples and filling her purse with cash.

The gift economy is one step beyond barter and the two can work interchangeably. On a rainy day at the farmers market, the “will play for tips” musician was striking out on donations. A guy like me walked by, enjoyed the guitar picking, and felt bad for the musician. But I was out of small bills, so I looked in my wallet and decided the guitar picker could use $10 more than I could.

He saw me putting it in the jar and stopped playing for a moment, rummaging through his bag to give me a signed copy of his CD. One gift for another, the first given with no expectations. If I’d run out of money, I’d have given him the jar of honey instead, which might have initiated a barter deal.

I appreciated his playing, but didn’t plan to listen to his recorded music. So I had a quick idea. The rain was scattering customers and putting out the hummus lady’s fire. I looped around behind the guitar picker and made my way to the hummus booth, turning down the free samples. I pointed to some garlic hummus and the lady quoted a price.

Hummus CC Vera Wu David Li.jpg
Hummus and other goodies from a farmers market vendor. Creative Commons via Flickr by Vera Wu and David Li.

Instead, I pulled out the music CD, offering it to her in exchange. She laughed, shook her head, and then realized she’d have to load up all this food in the rain and take it back to the refrigerator from where it came…no longer as fresh or desirable for the next market. So she took the CD and let me have some garlic hummus, throwing in a free bag of flatbread also. No, I couldn’t let her one-up me with a gift, so I whipped out my wallet and bought some dolmas and tahini, plus some “must have” olives she sold me on.

I left with a heavier bag and lighter wallet than I’d intended. In the final analysis, the hummus lady hustled me for a cash sale. I didn’t mind, since her food is really tasty. But at least our cash transaction began with a barter and then a gift.

The government doesn’t like barter and gifts, since they’re harder to track and to tax than sales. In most ways, our digital world has made things easier for governments because there’s an electronic record of everything. But the Internet enables people to find each other more efficiently for exchange transactions, too.

Here are some miscellaneous pictures of posters for barter events.

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CardBarter.jpg

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There is barter online, from ad-swapping to sharing subscribers to brands buying off social media influencers and then promoting them. And technology has made it easier to find matches when one needs to buy or sell something person-to-person.

But dealing in physical items is a hassle. Bartering them creates a two-way exchange, so it can double that hassle. When dealing with bulky items that are hard to ship, you’re restricted to finding someone locally who wants your item. For example, on a recent visit to the Barteronly.com site, I can see someone listing a bicycle trailer, the kind people use to pull their kids or pampered pets behind as they ride a bicycle. In exchange, the “seller” is interested in possible items that include office furniture or horse riding lessons for his/her kid.

Long distance delivery costs for used office furniture might cost more than the furniture (and for the bicycle trailer also, perhaps) unless we’re talking about high end items. And horse riding lessons would need to be near home, presumably. So the only potential partners for such a barter deal would be local people who, at the same time, are interested in that item and have something the partner desires in return. Those limit the potential a great deal.

Indeed, that’s what happens, even when technology brings people together. Bunz, an app for iOS and Android that also has an online site at Bunz.com, develops around local communities. While more than one million items are available for exchange on Bunz, it works best when there is a large enough group of users in one location (e.g. Toronto) where they can interact and make in-person exchanges. Combine Craigslist, a Facebook group, and some regional scale, and a barter community can have more success than a flea market.

Bunz.jpg
A barter event in Toronto. Bunz.com

Some governments do not consider cryptocurrency to be a currency, so using it to pay for goods or services may be considered an exchange of goods. STEEM is free, secure, and nearly instant to send for any simple transaction. From Steemgigs to a growing number of local businesses, you can exchange it with anyone who accepts STEEM for a good or service. It also makes gift-giving very simple. Many times, when a member of Steemit has needed something or is undertaking a project that helps this community in some way, I have donated STEEM or SBD (but only when I know the person already).

When you build up some Steem Power and can make meaningful votes on others’ posts, voting is another way of giving a gift. The value comes from using your Steem Power influence to allocate a small part of the daily reward pool to that post.

If and when you receive a gift from anyone, there should be no expectation of any return. The reward is helping someone else have a better day.

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Image by @penguinpablo. Link at bottom of post.

However, even when I give away STEEM gifts, I’m not sure my motivations are good. Most of the people who receive gifts go out and work harder. They share Steemit with friends and bring in more people. And most of the people I vote for regularly have been chosen because they are top quality community builders and curators, helping to build the Steem ecosystem and bring in others who post high quality content. In the end, that growth helps my bottom line also. For example, this week I gave a gift of 250 Steem to @africaunchained to use as Steem Power so that curation initiative can help more people succeed on Steemit...but doesn't that also help me?

Are my gifts motivated by altruism or by self-interest? Are they investments or gifts? In the end, perhaps the answer does not matter. Each possibility can be equally true, since our interests can align here on Steem/it. I think the important thing is to ignore the self-interest part and think about helping others when we make a gift. Then it’s more likely that we’re doing so for the best reasons.

Most images above are public posters for various barter events, unless otherwise indicated. Top image is Creative Commons via Wikimedia by DanielPenfield. Steem video courtesy of @the-alien. Steem hand image by @pneguinpablo from this post: https://steemit.com/giving-steem/@benjojo/giving-steem-logo-competition#@penguinpablo/re-benjojo-giving-steem-logo-competition-20170616t114744102z

Source for bridge barter information: http://www.sfgate.com/bayarea/article/Golden-Gate-Bridge-can-t-pay-toll-4-cans-of-10903488.php

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First of all, I agree with Steem that transaction volume is very large. Steemit has a different quality. And this quality will increase the value of Steem. Steemit has a very respectful environment for gifts. You are absolutely right in this. Here quality ideas are valued ideas. I am very happy to be here. I hope someday I will come to a good time. I'm excited to give support. I invite a new friend here every day. And one day Steemit will be the best quality platform.
@donkeypong

collaborate with someone who needs help @donkeypong

Wow, I was just thinking about this in depth because a friend asked me if i would write his website in exchange for letting me tag along on the food tours he gives around the city. I was so happy and excited, because while I love trades, so many people seem to undervalue writing, thinking they can just write whatever themselves and it will be just as good. And you are right about why it isn't more popular--the government doesn't promote it because it is harder to tax. Ugh, that everything revolves around money is so freaking frustrating.

Also, I do not think there is anything wrong with the type of generosity you are talking about with regard to yourself. You give and you get something (naturally) in return, no matter what it is (sometimes what you get in return is feeling good about giving, you know?). You're not going around expecting something tangible really. It's just part of the giving process?

Anyway, thanks for such an engaging post. Put a lot of cool thoughts into my head.

Wonderful example and thanks for sharing. Good luck to you with that work too!

Beautiful article. Absolutely loved it.

It touches the core elements of human experience. From the social point of veiw, on one hand we create and produce, on the other hand we appreciate and use. While guitar picker benefited financially with your donation, that action of gifting goes beyond financial benefit, as it shows an appreication of his art. If everybody practiced philanthropy, there would be no starvation or poverty on this planet and those who give would benefit most.

Our human experience makes us inter-dependent on each other, hence barter is a necessity. While as you point out barter today could be inefficient compared to cash, it is still essensial part of our social experience. We give/exchange gifts during holidays, birthdays, and on vairous occasions. We echange food we our neighbors. Gifting and giving is part of what makes us humans.

While blockchain technologies have great potential in improving the efficiency of bartering or transacting, Steem definitely has the upper hand since it is also a social platform.

We have a lot of the elements right here, for sure.

collaborate with someone who needs help

  ·  2 years ago (edited)

Agorism is a beautiful thing. The more transactions we can make outside the control of governments, the more free we will be as individuals. Most laws and regulations related to voluntary exchange between consenting adults are stupid and immoral.

I am a PI and brew my own mead, and I do residential security assessments. It is my goal to barter and trade those skills as much as possible. Here in Virginia too, I can buy and sell firearms without any government authority's permission. All I need to see is a valid driver's license to cover myself.

That is how things should be (other than having to see a valid license). Steemit allows us to barter and exchange services and goods just as Craigslist, and this place has the added benefit of also allowing us to build a community of friends to support.

Thanks for the wonderful post. It was a great read with a very valuable lesson within it.

@donkeypong - An interesting comparison of Steem exchange with the barter of the real world. I enjoyed reading about the barter (even toll booths accepted items instead of cash was interesting to note!)
The barter experiment involving the street musician and the hummus lady was great. Had not realized such exchanges were possible.
It is true that, by donating SBD or Steem, ultimately you also may benefit because the resultant chain of events may lead to increase in Steem price and/or growth of Steemit. However, that is no different than gift giving in the real world. The 'value' created by gift giving, even if it is just goodwill, ultimately helps us in some way.
Thanks. Very interesting read. Upvoted full
Regards,

@vm2904

the way barter for the present is very troublesome, we will first guess the price match.
the toll guard may already be full of unexpected goods.

at present, SBD or Steem can be a valuable tool to reward people, not complicated and very easy to use.
that is actually the use of steem power, sharing happiness.
great article @donkeypong

That's true. Trading goods or services can be cumbersome, but it's much simpler with Steem.

hi mr please follow me İ need this very much and i love you

I think the important thing is to ignore the self-interest part and think about helping others when we make a gift. Then it’s more likely that we’re doing so for the best reasons.

Giving for the right reason is when you don't expect anything in return or when it is done selflessly
Your steem give-away to community builders sir, is a very laudable initiative and your desire to help growth on this platform is very commendable and I know it stems from a sincere heart. This is an opportunity to say thank you.

In most ways, our digital world has made things easier for governments because there’s an electronic record of everything. But the Internet enables people to find each other more efficiently for exchange transactions, too.

Thank God for internet. It has become the best way to transact all kinds of businesses. It makes it easier and less burden-some
Using steem as a means of gifting is very OK, considering the swiftness and the value.
Thank you sir for sharing

Trade by barter is still very much practiced in my area, especially in the remotest villages. It is cumbersome trading that way but using steem as a means of gifting is the bomb.
Thank you sir for what you are doing for the community. Posterity will reward you

  ·  2 years ago (edited)

a very interesting post @donkeypong. It is an inspiration that rich people are not all miserly but many are also generous as @dongkepong convey in this post. That's a very remarkable occurrence, because there are still people as good as he who is willing to help others mengguuunakan collectibles. Thank you have shared this very interesting life science.

that's great you had provided the help and donate the steem and sbd which can be a great gifts from you new comers like us need to alot of work then we got our identity on here so we earn some of the dollar great job done by you appreciated @donkeypong

We used to have a barter system here in the Philippines also.

It’s always good to share what you have without expecting anything. I was invited here by a friend, I think it’s a good platform. So now, I’m returning the favor. I invited my friends to join here.

Perfect! Paying it forward by introducing others to Steem is the best idea.

I couldn’t agree more 😂

Absolutely loved the article. Our human experience makes us inter-dependent on each other, hence barter is a necessity.

This post makes so much sense. Thank you @donkeypong. What an inspiration.
Followers will be everything down the road
If you own a business and you want to do social media marketing, what do they tell you?
Get more followers!
Get more "engagement"!
Steemit is still pretty small for me, alot might think we are large, but the platform is too blessed that the whole world needs to hear about steem and steemit. And as it grows it may "mimic" other social media sites to a certain degree and supass it eventually.
Followers will become everything Because it might be harder to be seen in the "new" section. It will probably be updated quickly.
People you follow will determine what you see on the platform. Back in the beginning days of Steemit, The follow button didn't do anything. And you couldn't see the posts from your followers. But now you can. Having those followers gives you more exposure.

So who cares if you start to kill of your voting power! Just upvote your followers! When someone provides value to the conversation, Give them that vote. If you are a minnow or remember the struggle of being a minnow, it can be tough! As a minnow people often don't see your posts. And It can be hard to move up in the platform. Giving Everyone who provides value an upvote, Can help! Especially the minnows trying to get their footing. Thank you @donkeypong for being a perfect example. Beautiful post.

The gift economy that Steem allows is so much better than the barter economy. Bartering, especially at short-term fairs and shows, has so much overhead of moving physical items around, and being limited to the people at the event. Money (cash and then electronic) is so much easier to move around! I think I'm beginning to appreciate that gift economies can exist in bartering fairs and with money. But Steemit is the place that I've come to understand what a gift economy is all about -- and it's a real shift in my perspective. I've enjoyed giving away a few hundred SBD by now - and wouldn't have thought to do something like that without the structure of Steemit and examples from other folks here. I'm excited about the future with Steem and what it allows me to do, as I build my stake in the system.

Giving is not giving until you give to someone who might not be able to repay you. You hit it on the head right there and spot on. Guess the barter system is coming back thick and large but Steemit makes it easier and better and reduces the stress, but then this got me: " I even saw a young dentist there one day, handing out his business cards, and presumably he might agree to trade a tooth cleaning in exchange for several weeks’ worth of salad greens (though I’m just guessing there)". Hahaha i laughed there. I read about the gift economy also from @stellabelle and totally found it cool. Like you rightly said, building up my Steem power and give upvotes is a form of gifting too without expecting back. I would so much do much gifting if i have a higher Steem Power. I am well on my way and hoping to get there soon. Thank you for another perspective you have shown us through this. I admire your depth a lot. More grace and strength. @donkeypong

Steemit is a blessing, and I've leant to use it to bless others. I've come to realize that people appreciate it when you give them something, no matter how little, especially when they know you're giving them as much as you can.

Most times we give it as gift, but the people also pay back sometimes with their loyalty...

i think in the past they have used this system very effectively and their societies were self sufficient..but i dont have a clear idea about its suitability to the present society

Reading this piece makes me smile knowing someone is making a valid point.

Are my gifts motivated by altruism or by self-interest? Are they investments or gifts? In the end, perhaps the answer does not matter. Each possibility can be equally true, since our interests can align here on Steem/it.
I think the important thing is to ignore the self-interest part and think about helping others when we make a gift.

Gifting should be about really giving and not a barter-styled giving. Nice piece boss.

  ·  2 years ago (edited)

@donkeypong you are right that government doesn’t like barter and gifts.Government feels insecure in this way same like traditional shop keeper also don't like online/olx buying and selling. As it affects their business. you made a great comparison of Steem exchange with the barter of the real world with logic. i like it:)

  ·  2 years ago (edited)

The reward is helping someone else have a better day.I strongly agree that small gifts reveal great joys.@donkeypong

one time I was driving home from Maine and I ran out of cash for the tolls and the guy was like "what are you doing on the turnpike without a dollar!?" then I had sign a form and to send in the dollar within a week or have a stiff fine.

That's funny. I guess you didn't have any lima beans?

Such an insightful post, I'm definitely going to check out bunz.. Aside from that, reading this immediately stretches the mind making you think up all kinds of scenarios where barter could be used more, especially as it seems like the more we grow the more goverments become restrictive in money.

Plus, it's a pure form of human transaction.

P.S: That's a great thing you did [email protected], your help to the community and members is so admirable and I hope you will be rewarded immensely in the end, because you deserve nothing less.

P.S.S: "If and when you receive a gift from anyone, there should be no expectation of any return. The reward is helping someone else have a better day." So true!

Good mrng from Msia, little that I know, we have barter market here in our very own homegrown. Tq so much for the post for it too, is something new for me as an event manager. But how tho, bringing in more people benefits this comunity? Thats not sarcasm, that's genuine question 😂

How does it benefit a person here? Assuming that someone owns some STEEM, then in theory, as this Steem economy grows and adds more people, the STEEM you hold will become more valuable over time.

owh I see, that's great to know and learning something new everyday! :) thanks for the reply!

Are my gifts motivated by altruism or by self-interest? Are they investments or gifts?

The answer, to me, is both. You can be selfish and altruistic at the same time in non-zero sum games like Steemit.

Bartering needs to come back in a big way. When I first started out in my career, much of what I did was by barter in order to get started. There wasn't anyone who was going to pay me to build them a website, market for them, etc. when I had no track record. But they were willing to trade physical therapy, a dental checkup, etc.

~ Kevin

On the other hand, your last two paragraphs got me. It's always amazing to see people desiring to help others even when they're not under any obligation to. If you ask me, I think your gifts stem from the truest form of altruism.

Thanks for supporting the "younger ones" in your own way. When I "grow", I'll surely do the same.

as you said, we can not even pass by giving money from bridges anymore. everything was digital. this is good for some situations but I think it is unbearable in such situations. "I think the important thing is to come to the point of not seeing your personal interests and to think of helping others when you present them to others." people are thinking about their interests even when they give gifts now. for example, taking a birthday gift. people compare the price of their gift with the gift they receive. Why are people so selfish? how can we fix it. I think everybody starts by fixing themselves. @donkeypong

Great read, and amazing concept! Where we live bartering is a regular thing. Most trades are made between neighbors. One of the hard things about where we are is it is very financially poor. So you run into the issue of really wanting to barter, but needing cash to pay the electric bill. I also like the idea of trading physical goods for steem.

Wouldn't it be nice if we could pay electric bills in Steem or SBD? I'm glad you have a healthy barter economy there and some good neighbors.

I couldn't even imagine trying to pay my electric with steem haha they would look at me like I had two heads! I have done a great deal of bartering here. The biggest is my carpentry work for a local artists tattoo work. Not too bad!

Lookin' good!

You have done a lot for the community @donkeypong, and for the little time that I've talked to you in the chats, you're definitely a kind person. Truly a great example on steemit.

I enjoy these kinds of experiences because they can slowly teach us that there is no need to distinguish between altruism and self interests, both can (and perhaps should) overlap so that there is no distinction.

I really love pay-what-you-want, and I’m searching for ways to spread it and make it easier. It’s a way to add to a gift economy while also compensating for the fact that much of society is not flexible and some things are not up for negotiation like plane tickets or highway tolls. I would like to search for more ways to encourage it to be more flexible though!

@Donkeypong,

This is such a good explainiation of the essentials of the thriving community of Steemit.
Bardering is an ideal metaphor for the reciprocal value principal even if you give something more for what got, you must have needed it.
You are so very right.
Hummus lady had the goods for you to go right into your own pocket! The hummas dish did look very tasty!
Ummm I wonder who has some garbanzo beans to trade for a bit of Steem;)
Very well written peice.
L

Wow.....very interesting article post of this platform with using various market transactions. I'm so excited to come this platform as per wish from my brother before 04 month. We have more opportunities here and I'd like to join new people here being genius. Steem transaction has massive volume. Currently accept some market places of steem transaction. We have great environment to earn anything. Knowledge, benefit etc...Better reward pool here. I appreciated all of your support stay in to steemit and Any-time like to give support any peoples. Thank you.

What an in-depth article. The only place I've experienced a real gifting culture was at Burning Man. It's liberating not to use fiat, but I feel it only works because there's an underlying expectation that the entire microsystem is based on the gifting exchange. It's different in the real world where the system is more complex. It's great to see other apps and circles where gifting or bartering can happen, but that's its own little world. Reciprocity is a huge driver in how we engage with each other. It's interesting to me that you did a mental calculation of how much hummus she gave you vs the CD and how you "felt obligated" in a sense to pay for more to make the transaction equal. Great post!

Good points. It doesn't work everywhere, but I hope as we explore the possibilities with crypto, we will find more places where the gift economy can work in this day & age.

I'm 100% with you on that. My grandma always said give give give, which is a lesson I try to follow as much as possible. To your point though, giving is a selfish act because it makes the giver feel good, thankfully it's a double net positive, where the recipient and the giver are better for it.

I’ve started delegating a bit of Steem Power. Just a little so far. But planning on doing more as my SP grows (currently a large minnow, not far from being a dolphin).

Some self-interest involved? Maybe.

Good for you. Thanks for 'paying it forward' even if there's some selfish motivation in helping others. :)

With Steem alone for everyday things that'd be great!

that is awesome you had given the assistance and give the steem and sbd which can be an extraordinary endowments from you new comers like us have to alot of work then we got our character on here so we win a portion of the dollar incredible employment done by you increased in value.

Steemit has created a platform perfect for the gifting and bartering system. I also believe crypto in general is a useful tool in that area. For the first time on an international level people can come to together and truly help each other! Great article!

Gift giving and sharing blessings are great value for us filipino's, like me, a poor person that can only offer what i only have to others, my deepest hope and prayer for their good health (to my relatives and good friends) is my "gift" for them. "God is Good Always" He will surely rewarded your good doings to others sir @donkeypong 😁. I will also include you on my prayers to have a good health for this is what i can do best for people who really cares for other people...God bless you and your family!

I love the way you think about bartering... not in terms of how good a deal you get, but in terms of giving away as much as you receive! It must be a lot more fun to shop for deals that way as opposed to the more selfish way that most people operate in.

Sharing is caring!
Best way to teach the importance of helpingbeach other to grow on steemit and usage of steem power. Indeed if we have steempower we can curate more and help other to grow which ultimatelly results in pulling more into this amazing platform.
Gifting way of advertising, and making this place more happening. 👌
Love the way the post is built up,Sir, bargaining to barter to gift to steemit👌to steempower.

Thanks
@steemflow
Ps. Talking of bargaing😀 visit india you will get the artice on 1/4 of quoted price😉

1/4? Thanks. I'll have to remember that. I'd be pleased with myself if I got it for 1/2 and I'd still be overpaying...

👍☺ sir, v usually get habitual now😂 if any loca👌vendor ask Rs 100 v go for 25 and finally it get settled for 35-40. Generally the local flee market. You will get many good stuff there 👌

It generally happens if u convince any vendor for 1/2 and he easily agreed then it happens that u will feel u over paid. Bargaing is very tricky😂

Great post. Money is only as good as what it can be used to purchase. Bartering and trading for goods and services is so under rated. A gift of steem the best kind of gift is about the person on the other end of the gift. Thanks for a good read to make one contemplate, the meaning of a gift.

Wow! What an article! The comparisons between the existing bartering and Steem barter are pretty much an eye opener. All this means Steem is gonna be really huge & really valuable in the long run. Interesting! Food for much thought.

Bartering can succeed in our time because the search for the goods we need or offer is easy on the Internet, but it needs strict regulatory rules to deter manipulators. But the question remains: How will the value of the goods offered for trade be determined?

For a lot of goods, a simple Internet search can provide some baseline for valuation, but that's certainly not true for non-consumer goods and it may not be accurate for particular regions.

The barter, although still have a presence in some places often become a disadvantage of the parties in cases of chaotic economies, in my country there are people who have changed their homes for a used car and overvalued, because many times it is easier to sell A car that a house.. They change jewelry and appliances for food, and stop counting, we've just receded...

Good point. When forced to make an exchange, one can lose significant value.

Yes, so many times people take advantage of the ones they need.

In Indonesia, there are Badui tribes who are still trading barter with their fellow. Vegetables are bartered with food, and so on. Uniquely, they live not far from Jakarta, the capital of Indonesia. Not using technology like gadgets and so on, no electricity. Interesting also to see barter trade - though troublesome - is still done in modern times. Thanks so much @donkeypong.

Great to hear that it works well for them. Thanks for sharing that example.

"Are my gifts motivated by altruism or by self-interest? Are they investments or gifts? In the end, perhaps the answer does not matter." Perhaps you are right, in the end it doesn't matter. In my little opinion, that is one of the 'genuis' aspects of steem, it capitalizes / rewards both motivations. It ultimately turns either into benefit for all.

Speaking of barter, a really cool event that happens every year in my town is a ski-swap.
SkiSwap-WEB.jpg
It's not uncommon for some uber wealthy to go on a ski vacation at our local ski resort, Schweitzer Mountain and they donate all their gear when their vacation is over.

Wow, one-time use and they donate it? It's neat to see that others have a chance to acquire some good gear and perhaps swap for what they need.

You are basically trying to say that by natural human tendencies, the barter and gifting system is the ideal path we would naturally pass to exchange value.

You're so on point with that because looking at it from your perspective, there is a little bit of more nobility when you give gift rather than give out cash in exchange for something. Where as, it is even more noble when you give for nothing else in return, no wonder the musician wanted to just appreciate u at all cost.

I have been thinking of a cryprocurrency that could be built around the premise of gifting, so happy someone thinks the same way. You sort of validated by idea with this post. Kudos @donkeypong

  ·  2 years ago (edited)

thats good you providing gift will motivate us and you always get awareness for alll the users thank you gor sharing the information.
hope all the steemis will do there work in proper manner.

Starting a new age of blog.

yes, I love the art of bartering. Amazing how many times what you just want to get rid of another person may actually be in need of. Of course, using Steem is so much easier!

depends on the level of volume if the volume is less barter system will still prevail and where digitization has not reached

They are better gifts in the age of steem.

I only found out about Steemit because of Simbi, a barter site. I think it'll get easier for people to barter over long distances eventually (which is great because my country's population is tiny).

When I lived in Japan many years ago every little shop would include a "presento". as they called it, when we made a purchase. That left a favorable impression with the customer for a return visit and purchase. Steem would have made so many things in those days easier as it is doing now.

So that's why government hates cryptocurrency, its because they can't tax it or in another word they cant put their hands on it. By the way, i love your post @donkeypong keep motivate steemit community my friend.

I am @earnmoresteem and you got a 5.88% upvote courtesy of @malonmar! I invite you to send SBD with other post in memo and I will upvote you this new post.

After reading your blog i came to know that what type of Guy actually you are.. The Giver without any doubt. Well! to me life is all about contributing at one's end in a more functional way. Like Gifts are the best strategy to bring Happiness and Peace among relationships.

You Talked about Gift economy about which i was unaware actually. At the same time you talked about the Tolls History which actually boosted my level of knowledge.

Steemit is not only a platform to express the idea it is a Basically a Welfare Community. It is always Win/Win place in which everyone has it's own value. Every one is contributing at their level.

Being Student of Cultural Studies i do believe that Society can become a Great Society via two approaches towards life
-Micro Approach
2-Macro Approach

Steemit has both approaches in it.Efficiently work is being done according to both the approaches.

Together we shall make it the place of Peace & Financial Strength with our efforts.

You are doing really great My Friend @donkeypong. Although i am a new addition to this superb platform but i assure you that i will continue your passion and message.

More Strength and Power to you

Stay Blessed, Steem On!

an incredible experience, and a very inspiring post, best regards me @donkeypong

im glad to know there are some open hearted steemains like you who really things about community who involved here and help them as much you can it's great to know like your great work keep it up @donkeypong

great post and great work are done by you i have seen some of your very informative post and always been followed you ☺ great work @donkeypong

helping other is always for peace of mind nd soul it's not good to expect something in return bt love and support can be given ☺ great post @donkeypong

well done @donkeypong it's the great efforts tgat you are doing there it really will help the new users and the promoting the steemit great work.

that's really a great work that you are doing giveaway of gifts and motivating the users will grow the steemit more and more great job done by @donkeypong

great post @donkeypong amazing information and the gift give away it will be very helpful for the new comer and it will motivate then aswell.

Hai @donkeypong ka upvote postingan long saboh dilee.. Kah that trep ka hana ka upvote lee ata awak long.

My great grandfather built one of the bridges in the Bay Area. When it first opened a person who crossed didn’t have any money and instead paid with a shotgun. We still have it in our family today.

Beautiful article absolutely loved it! This post make so many sense thank you @donkeypong !!

Wow First of all, I agree with Steem that transaction volume is very large. Steemit has a different quality. And this quality will increase the value of Steem. Steemit has a very respectful environment for gifts. You are absolutely right in this. Here quality ideas are valued ideas. I am very happy to be here. I hope someday I will come to a good time. I'm excited to give support. I invite a new friend here every day. And one day Steemit will be the best quality platform.
@donkeypong

Some governments do not consider cryptocurrency to be a currency, so using it to pay for goods or services may be considered an exchange of goods. STEEM is free, secure, and nearly instant to send for any simple transaction. From Steemgigs to a growing number of local businesses, you can exchange it with anyone who accepts STEEM for a good or service. It also makes gift-giving very simple. Many times, when a member of Steemit has needed something or is undertaking a project that helps this community in some way, I have donated STEEM or SBD (but only when I know the person already).

I am totally excited of what STEEMIT will be in the future (5 to 10 years from now)...

@donkeypong a very interesting post . It is an inspiration that rich people are not all miserly but many are also generous as @dongkepong convey in this post. That's a very remarkable occurrence, because there are still people as good as he who is willing to help others mengguuunakan collectibles. Thank you have shared this very interesting life science.
@emonnaim01

Reward and gift is actually giving happiness and peace to their soul...@donkeypong

There is an episode of "Raising Hope" where they try to have a barter economy, but of course people only need to many crocheted hats or whatever so they make a token economy but then of course they run into huge inflation and end up in debt to the Chinese guy who was printing their money.

I believe that quite frankly barter system is a way of way of helping people firtunately it happens that tge person has something to gain too by being kind and helpful. Just with tge way it is with upvotes, you want to help people but you are not left out in the the reward.

I though about this yesterday and here it is in clear picture. Thank you very much sir I appreciate you a lot. #gratefulheart.

an interesting post .. in indonesia it is still done manually. We have not yet a things to detect car plat..
thanks have shared @ donkeypong..if you have a time..please visit my blog.

I am a big fan of bartering, from my experience it can be a win-win as you think outside of the box. Trading things other than money skills time and anything else is a good use of resources. There are books out there on this subject. Thanks for such a great article.

There are good people in the world, its posts like this that inspire me and give great promise to this platform. Thank you

Very nice, i like it
Thanks very much

I got to understand the concept of steempower in my early days off steemit. Even though i am still a minnow,it still gives me joy to see my upvote giving people especially newbies more than $0.1. I know it will grow over time so i can be of greater help to hardworking communities.

Nice to reading. E-marketing is essential in today’s world. With both competitors and potential customers constantly online, digital marketing is the only way to stay ahead. When we’re a small business owner the online world can seem intimidating.But after get great knowledge about internet we can handle any transaction our little room. We can find anything from internet without any assistant from peoples and then taken over neccessary things to our home.
Cryptocurrency market giving the same options like as a E-marketing. We all lucky to stay on the planet with current technology growth.
Thank you for more information @donkeypong.

It will be verry helpful for that specific goal if we have a stable coin here on steem - namely SBD, it will be bad for revenues as we do make nice profit today with the current high value, but a stable - if lower - SBD will allow barter without a risk of losing from monetary fluctuations.

Our world is in a state of constant motion. The earlier governments realize that we are fast movie away from their controlled paper currency and moving towards digital currencies that have come to stay, the better for all of us.

thank you, your post

Wery long en very good post thanks :)

@donkeypong I think the clearing system is very beautiful.money, credit cards, etc. are the pressure that the capitalist system has put on us. the capitalist system manages everything.

I'm loving this platform. I'm interested in maybe accepting Steem/SBD for my art. I'm hoping to get a little more experience with how to move the money around since I do need to keep my business flowing and my art is my only source of income, and also grow my reputation a bit more first. I think with regards to gifts and having ulterior motives or having purely altruistic ones, as humans we all have desires and aspirations, so of course it makes sense to strengthen bonds with people who can help you reach those goals. I think in the end the best gifts are ones given without expectation, those usually end up being the ones that either return to you 10x fold - or you learn a certain person is selfish and to be careful not to let them take advantage lol

Steemit promotes the: "we can make it togheter" mentality which is super healthy in real life as well. So even if it's not 100% altruistic it is the way forward.
There is also an auction feature for items here on steemit. I forget what it's called, but that also adds a lot of value to the ecosystem.

Congratulations @donkeypong, this post is the third most rewarded post (based on pending payouts) in the last 12 hours written by a Superhero or Legend account holder (accounts hold greater than 100 Mega Vests). The total number of posts by Superhero and Legend account holders during this period was 32 and the total pending payments to posts in these categories was $4650.05. To see the full list of highest paid posts across all accounts categories, click here.

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Maybe you can check out @sharonomics. He's got some similar insights as well on sharing wealth.

Great to learn and continue to grow in this community full of people that wanna give back something to others. Great altruism shown here.

Bless ya.

Sharing is loving, that is all i can say. I really appreciate your post.

I love the way things were, nowadays we have made boundaries for ourselves. If we don't have this then life isn't possible. Like this.
But i love the way our parents used like you want something then you can have it whether you have money or not doesn't matter, give it when you have or you can return when you are done with the usage of the product , i mean sharing.

We can follow the same for steem, not on toll till its official but for mutual transactions we can use, infact we are using at small scale. I will order this product for you from amazon , you give 100 steem in my steemit account... Hahaha but this is really interesting.
Loved your post...

GREAT!

Pemberian seseorang jangan kita melihat dari harganya, tetapi kita melihat dari nilai dan keiklasannya.

Are my gifts motivated by altruism or by self-interest? Are they investments or gifts?

I think it shows that society in general would probably do better with a cooperative abundance mindset rather than a competitive scarcity one?

goatsig

It's an interesting topic to think about. I wish we had more ways to use steem outside the platform.
Tooth cleaning in exchange for several weeks’ worth of salad greens and bicycle for a horse riding lessons that is something!))

interesting day you had there thanks for sharing your experiences

Age of steem is just mindblowing, who would've thought that we will be present at such a great times. It's so fast and secure! :)

But I'd still exchange my bicycle for a horse riding lessons, Cause my wish is to ride a horsy :(

A very interesting article. I wasn't aware of the bartering website. And your experiences with giving gifts and exchanging goods is very insightful, and inspiring to listen to your viewpoint. Gives me hope for people helping each other. I am sure you are aware of Michael Tellinger's Ubuntu movement with contributionism. Curious if you have had any experience with Ubuntu.

Hay @donkeypong. I like your motivation. Mybe someday we can be a friend. I want to create community in aceh especially in cryptocurrency. Mybe someday you can help me and give me like you say above.