Online sales have surpassed offline sales as a result of the global pandemic. Nowadays, people are purchasing signals instead of tangible items. The online environment is a web of signals. If the signal presented by the interface is not trustworthy, purchasing is not possible. For a long time, stocks have been traded based on signals that represent rights without requiring physical stock certificates. The same principle applies to gold. The challenge arises because both the tangible item and the signal react based on their value, but human greed leads to an oversupply of signals. This happens because creating a signal is much simpler than producing the actual item. The fundamental issue is that the signal serves as a representation of the tangible item. When there are more signals than tangible items, this discrepancy is termed a “bubble.” In offline contexts, signals are known as “cash.” Essentially, money is just a signal, and “trust” is crucial for believing in that signal. - Joseph...
Fragrances that only capture pleasant scents lack appeal. A combination of bad scents is necessary to create a pleasing aroma. Just having good elements doesn’t ensure quality, and similarly, having bad elements isn’t necessarily negative. This concept is referred to as “bistability.” Emotions operate comparably. If you laugh in any situation, people may perceive you as a psychopath. On the other hand, being treated as depressed when feeling down is common too. Yet, when the contrast between mania and depression is too pronounced, mental health suffers. It’s essential to develop both positive and negative emotions. Like a beautiful landscape where good and bad elements coexist and balance one another, emotions should reflect a similar harmony. - Joseph’s “just my thoughts”