<!-- bryant-content-generator:start --> # Respect functions as a portable social currency... > Respect functions as a portable social currency because it lowers unnecessary transaction costs. It helps people exchange information, recover from mistakes, negotiate differences, and enter institutions without spending the entire encounter on status defense. **Source:** [[livestreams/Power, Money, and Finding a Usable Path Through the System - Workbook|Power, Money, and Finding a Usable Path Through the System]] ## Share on Social Media ``` “Respect functions as a portable social currency because it lowers unnecessary transaction costs. It helps people exchange information, recover from mistakes, negotiate differences, and enter institutions without spending the entire encounter on status defense.” — Bryant McGill https://bryantmcgill.com/quotes/quotes-respect-functions-portable-encounter-status-defense ``` <!-- bryant-content-generator:end -->