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Without channel intermediaries, each buyer would have to interact directly with each seller. This interaction would be extremely inefficient. Imagine its impact on the total costs of each exchange.

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13y ago
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3mo ago

Buying and selling without intermediaries would involve direct transactions between buyers and sellers. This could be facilitated through peer-to-peer platforms or decentralized marketplaces where individuals can connect and negotiate deals directly. Payments could be made directly between parties using digital wallets or cryptocurrencies, eliminating the need for intermediaries like banks or marketplaces.

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Q: How would buying and selling work without intermediaries?
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