2min chapter

The Blockchain Socialist cover image

Talking Politics with Vitalik Buterin (Part 1)

The Blockchain Socialist

CHAPTER

Cryptocurrency Counter Trade

Counter trade is what Brett Scott, a writer, he calls it. Basically you're just like using different assets, but you have in your head like the value of the actual money that you're being used to kind of like swap the things that you're kind of wanting to exchange. It's interesting how if we want to start imagining monetary systems of the future, you could even think of some pretty exotic ones, right? I mean, that space exists, which is like kind of mind blowing because that totally did not exist before the internet came about.

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