Payment in general, and prices in particular, are characterized by a high degree of Information Loss: the payer does not provide information on the origin of the money, and the payee is not required to explain what will become of the money. That means that a price-oriented system can function almost without Memory: we do not remember who executed the payment and why, and who could not execute payment. The payee is immediately free to use the money for any other combination.
Note: Bitcoin and co. thus appear not to be price-oriented systems.
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Money is a →symbolically generalized medium that corresponds to the constellation of →Attribution in which alter’s action is experienced by ego. As long as this action does not affect access to scare resources, the situation remains unproblematic. Ego’s observation of the action of others does not provoke her own action: ego observes, for instance, that a neighbor cuts the grass. However, as soon as a situation of scarcity emerges (when, for instance, land is limited), alter’s access (the fact that alter is cultivating a particular piece of land)
ESPOSITO, Elena, 2002. Soziales Vergessen: Formen und Medien des Gedächtnisses der Gesellschaft. Frankfurt am Main: Suhrkamp. Suhrkamp Taschenbuch Wissenschaft, 1557. ISBN 978-3-518-29157-3.