"Money" as we understand the term is an illusion, but I suggest Barter (and potentially an intermediary of exchange for barter AKA "real" money) are as real as anything else can be in any social structure, even one with no Authority.
Using an intermediary for barter is only an "authority" (and thus subject to the whims of a person authority) when barter demands the medium to make an exchange.
I don't disagree with a decentralization, but we don't need to throw the baby out with the bathwater. If there are multiple potential mediums of exchange, it makes hording much less powerful. If there are markets for real barter as well, it destroys the power of money entirely, making it convenient, not necessary.
CERN has entered the chat.
Money exchange is an illusion.
"Money" as we understand the term is an illusion, but I suggest Barter (and potentially an intermediary of exchange for barter AKA "real" money) are as real as anything else can be in any social structure, even one with no Authority.
Decentralized finance
Our lives should not hang on the whims of demented money changers.
Using an intermediary for barter is only an "authority" (and thus subject to the whims of a person authority) when barter demands the medium to make an exchange.
I don't disagree with a decentralization, but we don't need to throw the baby out with the bathwater. If there are multiple potential mediums of exchange, it makes hording much less powerful. If there are markets for real barter as well, it destroys the power of money entirely, making it convenient, not necessary.