In this episode of
Money Creation Explained, we are going to cover How Barter
Notes Is Creating a Better Bartering System.
If you ever traded a product or service with another
individual or business in exchange for theirs, then you have
engaged in bartering. Items being traded could be new or
used. Also, people can trade their time in exchange for an
item or service.
With bartering, there are no concrete rules and the people
in the transaction determine the terms. A bartering
transaction can take place when both parties agree and work
out a deal of what is being traded and the terms. Bartering
is the oldest form of commerce and was used before money was
invented. With bartering, come many challenges such as
finding a suitable trader, trading equal values of products
and services, delivery and pickups issues and the like. To
solve some of these issues, bartering clubs came into
existence. Each club is different, and there are a range of
fees (such as signup, membership, monthly, and annual). The
main problem with bartering clubs is there are a limited
number of members and those clubs only allow certain
products or services to be traded. Also these members often
increase the real life prices of these items for the
bartering club. So it is hard to find good deals, and for
these reasons, most people do not utilize the power of
bartering.
Barter Notes is a service
offered by IOU Notes that takes the long established concept
of bartering, and created a platform that is secure and easy
to use. Our Bartering service is different. It offers many
benefits to both Buyers and Sellers. Transactions can take
place online or in person. Bartering Notes has created a
system where a bartering option is a viable and attractive
option for individuals and businesses. There are no signup,
membership, monthly, or annual fees. Bartering Values must
match real life dollar value. For example, if a Hair Salon
that charges $25 in the real world for a haircut where
people pay with cash, credit card, etc. when accepting
Barter Notes, the charged price must also be $25. The
bartering value will be regulated by other users on the IOU
Notes Platform and user's can file complaints on other users
that are over-charging. We will investigate those claims and
take the correct measures (temporary suspend that user's
barter features, etc.)
Buyers Benefits Include: Free Service to Buyers; Equal Real
Life Values (1 Barter Unit = $1); Barter with anyone in the
IOU Notes Platform; No Expiration Date; Transfer or Sell to
Others; and Makes a Great Gift
Seller Benefits Include: Building Customer Loyalty; Create
an Edge Over Your Competition; Give Users Another Payment
Option; Generate More Revenue / Opportunities; and Low
Service Fee.
Donations of $20
or
more will receive
our
Gift of Appreciation
Crypto
Currency Blockchain Coin
10 Million Max Supply Industry
leaders Bitcoin is
21 Million max supply
and Ethereum is unlimited.
_____________________
Note: IOU
Notes is a for profit company and any funds donated are not
tax deductible. We declare any donations as company revenue
and pay the applicable taxes on it.
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