It’s not a different or less formal way of describing sale or barter, it’s a different logic.
Right, I meant that in modern society more directly transactional interactions have replaced these. Also what makes it "informal" is just the fact that there isn't an exact record of credit, it would be mostly vibes except in specific circumstances (such as when the law gets involved).
Right, I meant that in modern society more directly transactional interactions have replaced these. Also what makes it "informal" is just the fact that there isn't an exact record of credit, it would be mostly vibes except in specific circumstances (such as when the law gets involved).