What if you could fulfill your transaction benefits (considerations) in various ways, including fiat money? Have you ever wondered what the consequences for your business would be if you could fulfill your benefits in ways other than cash? For instance, let’s say you are a shoe manufacturer. To make shoes, you must purchase raw materials like leather and process them into finished products known as shoes. At this time, if you can pay for raw materials with the finished shoes you made instead of fiat currency, you wouldn’t need to take out a loan with interest from the bank. However, the world’s economic system has limited the standard of value exchange to ‘cash,’ commonly referred to as fiat money. We need to understand precisely why banking is so important to entrepreneurs. This is one of the reasons the industry does not surpass finance. After all, money is among the goods whose value is determined by supply and demand. - Joseph’s “just my thoughts”
Anthropologist Margaret Mead emphasized “fracture” as a more relevant concept than using tools as markers of human civilization. When an animal is fractured, it becomes easy prey for predators. However, when humans are fractured and unable to function, they rely on the support of their neighbors. Unlike animals, which show no evidence of broken bones and can reattach, humans leave physical marks. Notably, the birth canal of women is narrower than that of other species, complicating the process of giving birth without assistance. Thus, it is incredibly challenging for anyone to bear a child independently. This fact underscores that human childbirth inherently necessitates social interaction. Anatomically, humans have socialized since birth. While women physically bring children into the world, it is society that nurtures and supports this life. Therefore, the core and utmost value of civilization is LOVE for our neighbors. - Joseph’s “just my thoughts”