You are reading Economic Forces, a free weekly newsletter on economics, especially price theory, without the politics. You can support our newsletter by signing up here: There was a time when transactions were mostly done in-person. Two people would meet and exchange goods for gold or silver or even pieces of paper. These trades could be anonymous. Neither party to the trade needed to know anything about the other. One had the good that the buyer wanted and the other had money that the seller wanted and they were able to trade.
Does Anyone Care About Privacy?
You are reading Economic Forces, a free weekly newsletter on economics, especially price theory, without the politics. You can support our newsletter by signing up here: There was a time when transactions were mostly done in-person. Two people would meet and exchange goods for gold or silver or even pieces of paper. These trades could be anonymous. Neither party to the trade needed to know anything about the other. One had the good that the buyer wanted and the other had money that the seller wanted and they were able to trade.