Free Money: Barternotes!
Copyright ©
2019 M7
Barternotes are a Free Currency to use for Trade and Business Transactions.
How it works:
Bartering is an ancient form of Trading using existing items to trade against other
items without using a Medium of
Exchange (Dollars). For example: Say you
are in a Desert and there are 3 items you can trade for: a bag of Rice, a Gallon
Jug of Water, and a bag of 10 Diamonds. The
Gallon Jug of Water is the most valuable
item in this transaction, as you are
in the Desert and need water. The other
items pale in comparison. If you have a Barternote, you can give this to the person
as a temporary solution, as a promise to pay later once you have the items the
other person wants or needs; like Credit. This acts as an I.O.U. certificate. Additionally having a Barternote in
possession for the Trade adds 5% value
to the transaction, per Barternote.
Barternotes came come in a variety of numeration –
10BN for ten items, 25BN for 25 items, 50BN for 50 items, etc. Barternotes
can exist on your Cell Phone for easier transactions (copy it or photograph
it on your cell phone; the Copyright © M7 seal is for prevention of copying the
idea, not the note itself). You can
trade with Barternotes for any item regardless of price in Conventional
Currency (i.e. if you trade 10 apples for 10 scooters, it is still 10 items
regardless). This is far superior to “Crypto-currency.”
In case the US Dollar fails to work, Barternotes
can serve as a temporary replacement. Of
course US Dollars originally were like Credit when they could be exchanged for
gold or silver, and now Dollars are simply exchanged for other Dollars. Dollars serve as a paper form of Credit,
replaced by Credit Cards.
© M7 2019
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