<center>![Hive.jpeg](https://images.hive.blog/DQmYHPEhGs1GJp9J91RAqQRXCjB4hRTav7ojDGN6M76awXR/Hive.jpeg)</center>
Hundreds of years ago we had barter system where you would _exchange_ things of similar value. This is important, what defined value? It was determined by the two people involved in the exchange. Now, I didn't live 500 years ago. But I have bartered, we all have at some point whether we realized or not.

Couple of days ago, I pulled a Gold Foil Bortus from an untamed pack, a card I dislike and has no _value_ to me. But that doesn't make it _valueless._ There was someone else who had value for it, in turn he had something which I valued and we determined what would be a fair trade. I decided I wanted a Dark ha'on, a Scale Doctor and 3 Spark Pixies. We both agreed this was fair, and I got what I valued, he got what he valued. Notice how _we_ decided the value of the traded items.

But what if I didn't want the cards he had? I want for example, a Hand sanitizer for my Gold Foil Bortus. What happens then? Maybe the guy who has the hand sanitizer doesn't _need_ my GF bortus. He wants a cheese burger. We have a problem. All the commodities we want exist, but we don't have a deal as we don't possess what the other person values. We could still work this trade out, but that would become an unnecessarily increased number of steps.

To eliminate this _checkmate,_ currencies were introduced. Currencies were not meant to replace barter system, only facilitate it. But that didn't work out did it! The core fundamental of the barter system, _the involved parties decide the value of the traded commodities,_ became a mere illusion. With currencies, we are now only _led to believe_ that we still decide the value while the central authorities go brrrrr with the printing machine. It's a broken system and we know it. _Dread it. Run from it. Destiny still arrives._

The point I'm trying to make is, despite the centralization of currencies, we can and _are_ still determining value. Everything is _money_ as long as there is someone who sees _value_ in it. My gold foil bortus _became_ money when someone had the value for it. The dark Ha'on, scale doctor and spark, pixies _became_ money when I decided to accept it as _payment_ for my Bortus.

> Money is any item or verifiable record that is generally accepted as payment for goods and services

Now let's take this a step further, off the blockchain games to real life commodities. I am a doctor and for us to work in a different country, we have to give crazy License exams. In the UK for example, I could give either PLAB or MRCP. For these exams there are tons of resources, some of which are better than others. Some are considered equivalent to a holy book. [Passmedicine](https://www.passmedicine.com) falls in the final category.
<center>![image.png](https://files.peakd.com/file/peakd-hive/simplifylife/PXch3dvd-image.png)</center> 
As you can see above, a 6 months subscription costs £40. I don't have an international credit/debit card. Neither does my dad. I could find someone with an international card, but most people here have the USD as the only international currency activated for their credit cards. But my exam is nearing and I needed this question bank ASAP.

I had enough liquid HIVE sitting in my wallet. Cryptocurrency is about the only internationally transferable form of asset I own at the moment.

I decided to ask my friend @raymondspeaks, who lives in the UK whether he would be able to make a payment in GBP. In _exchange_ I would pay him the equivalent in HIVE. He willingly agreed to accept hive as the _payment._

<center>![image.png](https://files.peakd.com/file/peakd-hive/simplifylife/EgcM2i31-image.png)</center>
***
<center>![image.png](https://files.peakd.com/file/peakd-hive/simplifylife/gFij5Q98-image.png)</center>
***
#### And right there, _WE_ created value for #HIVE. _WE_ determined that $HIVE is our _money_ for this transaction. And voila, My Passmedicine Account Subscription is now active for 6 months!
***
<center>![image.png](https://files.peakd.com/file/peakd-hive/simplifylife/crl4iuWt-image.png)</center>
***
HIVE is real money as long as there are people who value it. That number is increasing everyday. I made most of my HIVE by blogging. If I can, why not you? With HIVE we have the chance to make a system where _we_ determine the value, work. **_Barter 3.0_** if you will!
<center>![End of Post Signature.png](https://files.peakd.com/file/peakd-hive/simplifylife/HWX7QFtr-End20of20Post20Signature.png)</center>
***
# <center>BDCommunity Witness</center>

<center>@zaku and @reazuliqbal has been the mind and soul behind the BDVoter project and many of you have received some great support for good content from BDV.  The bros have been working tirelessly to make onboarding new users onto the HIVE platform by curating from all over the platform! And now they have set up the [BDCommunity Witness.](https://hive.blog/witness-category/@bdcommunity/announcing-bdcommunity-hive-witness)</center>

<center>https://images.hive.blog/640x0/https://images.hive.blog/DQmX4ANaTxUjWi5k6NmBD7uCk9y3haQ294z8f5gXDGwxpa4/bdc-witness.png</center>

<center>Vote for the BDCommunity witness vote via [Hivesigner](https://hivesigner.com/sign/account-witness-vote?witness=bdcommunity&approve=1) or you could also go to the [Peakd witness page]( https://peakd.com/witnesses) and search manually by typing in **BDCommunity**</center>

<center>Until Next Time!</center>

<center> Peace!</center>

Posted Using [LeoFinance](https://leofinance.io/@simplifylife/paying-for-an-online-subscription-with-hive-we-create-the-value-of-usdhive)