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Opinion by: Joaquin Mendes, chief operating officer of Taiko
For centuries, value moved between hands: gold for grain, livestock for land. No intermediary decided on arbitrary values; the price was determined directly between the parties. No intermediary decided how much a cow was worth, whether the deal was fair or whether someone was qualified to make the trade or not. The exchange was simple: One party had something the other wanted, they agreed on terms, and the transaction was concluded.
These…
