I think it's still early & it needs to be viewed through a long timeframe.

Typically fiat conditioning allows us to take something given without reciprocating. The assumption is that nothing is free. That the provider of value somehow gains from the giving (no such thing as a free lunch).

In early V4V trades you'll have a few generous people that give more than it cost to provide the service to them. They make the trade worthwhile but it doesn't feel fair. A few will provide a token payment and the majority will take without payment.

Reciprocity is a part of what makes our tribal bonds so strong, it's built into our DNA. With time the taking without settlement becomes a burden to the taker. A burden that can only be offloaded through giving in a similar fashion.

When assessing the success of V4V trades, you can't look at the success of your first trades as a sign of success or failure. Your latter trades are building on the value given in your your earlier trades.

The most beautiful thing about V4V using bitcoin is that in time even the unprofitable trades become profitable. Every sat is either kept for the future or goes back into the circular economy. It rarely goes back into the fiat system.

🤙