Salt Lake Trading Post

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Salt Lake Trading Post
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Salt Lake Trading Post
Thursday, 31 March 2011


An online place for people in the Salt Lake valley area to gather for bartering goods and services directly, in exchange for precious metals, or federal reserve notes. People from outside the Salt Lake area are also welcome.


Monday, 12 September 2011 by Bryan

Over the past month or so, I've been looking at web based software for barter networks.  The gist of the idea is there is a "marketplace" or "trading floor" where users can list the items and services they would like to trade, and their price in barter credits.  To simplify tax reporting, each barter credit is assigned roughly the same value within the network as a dollar.


Of course, these credits are not legal tender.  They would have no value outside the network, but people within the network would be able to use the credits to trade for stuff they want and need, and safe their Federal Reserve Note dollars for things like utility bills, loan payments, taxes, and things that can't be found within the network.


I've had my eye out for an alternative to using PM ( Precious Metal ) coins for trading for a while because of my own reluctance to let go via barter trade of the few PM coins I have considering that continued dollar devaluation is almost a certainty.  This reluctance has its roots in what is known as Gresham's Law, which basically says that bad money drives out the good money.


I've settled on a commercial SaaS ( software as a service ) system that handles a lot of the heavy lifting when it comes to IRS tax reporting requirements, and it handles the programming and server management side.  The trade off is that there is a in initial setup fee, and a monthly subscription fee.  The monthly subscription fee is based on transaction volume with a minimum fee of $50.

I've figured that a small annual membership contribution of $5 to the online network should cover the the SaaS's monthly subscription fee, and I'm willing to pay the SaaS subscription fee out of pocket until the network grows large enough that the yearly membership contribution can support it.


The challenge is that there is also an initial setup charge.  While it isn't an astronomical fee, I have other financial obligations that keep me from being able to pay it out of pocket right away.  This is where I ask for your help. If you could just chip-in $10, $20, $50, or even $100, it'd go a long way to helping me get the ball rolling quickly, and the sooner it is up and running, the sooner we'll all be able to use it to build a hopping local barter exchange system.

Chip-In to get the Online Barter System Started





Sunday, 28 August 2011 by Bryan
Sunday, 29 May 2011 by Bryan
Saturday, 28 May 2011 by Bryan


Last replied by Brodie Mower on Tuesday, 14 June 2011
Here is a list of businesses listed in the American Open Currency Standard marketplace as merchants in and around the Salt Lake area who are accepting precious metals for payment.
Saturday, 20 August 2011 02:34
I stumbled across a website that appears to be focused on helping people find food that is locally grown in Utah.

I believe the main purpose of developing barter networks is to reduce our dependence on the dollar, but I also think that supporting local economies runs a close second. Especially when it has anything to do with supporting local food production.

Tuesday, 24 May 2011 03:25
Is anybody familiar with this trading network?
Thursday, 12 May 2011 02:59