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Just my thoughts #0617

The value must exist when both universality and scarcity coexist. Universality is a property that anyone can recognize, whereas scarcity refers to limited possession. In other words, recognition should be universal so everyone can understand it, but the rights to possess or use the object should be restricted. The universality of perception has been influenced by viral promotion, such as word of mouth and media messages, and now digital networking is taking over. Limiting physical possession and use causes scarcity. Before the digital age, this was protected by spatial limitations; however, with the widespread adoption of digital networking, encryption technology now enforces these limits. The restriction of possession and use means that a master sets the physical boundaries of the scarce object. All businesses must satisfy these two contradictions simultaneously to achieve economic benefits. - Joseph’s “just my thoughts”
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Just my thoughts #0233

Why were the Beatles born in Liverpool? At the time, it was estimated that there were over 500 bands in the Liverpool area. One reason for this musical explosion is the presence of a U.S. military base at Burtonwood, located 24 kilometers from Liverpool. During World War II, this base provided essential supplies to a war-torn region and served as a conduit for the influx of American popular culture. Historically, wars and military installations have significantly impacted cultural development.


- Joseph’s “just my thoughts”




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