Fair trade is the practice is peer to peer trade between creator and point of sale, usually for the practice of social development. It is one of the main pillars of economic recovery in developing nation struggling with trafficking or slavery, and the encouragement of fair trade allows farmers in so called “banana republics” become “emerging economies” through personal investment and community cooperation.
Literally anything which can be produced or gathered by man can be exchanged using fair trade models, which has exciting implications for us all, as it also fosters creativity and is a positive way to combat the savergy and devastation of war or natural disaster.
Bitcoin and other crypto currencies lend themselves naturally to fair trade, especially in the digital era, and open up obscure commodity markets to the international stage.