The transferred value is exactly as you say, the belief by both parties that value has been exchanged, willing parties both ends. This is easy when face to face. You barter and settle on a value and value can be exchanged. When you are distant, then you have to rely on a conduit to transfer that value for you and the traditional banking system has largely been that for many years. However, the cost and hassle for people has become a problem and disruptor banks are stepping in, though even they are not the perfect solution. The benefit of a distributed network removes all these slices that are taken from our own value and it is for that reason that people will support the idea. Money/ value counts between two people exchanging value and no matter what socio economic system you believe in, those exchanges will exist. About time that disruption happened by unlocking open minded thinking. D
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