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Showing posts with the label gold

Just my thoughts #0322

When individuals who have successfully overcome adversity and achieved social recognition view the world through their ability to conquer personal struggles, challenges emerge. Seeing the experience of overcoming hardships through diligent effort as an opportunity to cultivate genuine self-confidence enhances positive self-esteem. However, evaluating everything in the world solely from that perspective can lead to significant difficulties for both yourself and others. My success may change me, but there are no guaranteed formulas to positively impact the world. Success holds value when it becomes an internal celebration within me. - Joseph’s “just my thoughts”

Just my thoughts #0237

Online sales 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’s “j...

Just my thoughts #0180

All values are interconnected and relative. There is no such thing as an absolute value. For instance, is the value of the goose that lays golden eggs due to the goose itself, or because of the golden eggs it produces? Are the productive forces of life indeed more precious, or does gold hold greater value? If you find yourself on the brink of starvation without food, which is more valuable: the goose that lays the golden egg or the one that lays ordinary eggs? Value depends on context and circumstances, as it is inherently relative and changeable. In essence, all values fluctuate. - Joseph’s “just my thoughts”