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”
Japanese actor and filmmaker Takeshi Kitano said this about Effort. "Effort is like a lottery ticket. If you buy it, you might win, but if you don't buy it, you'll never win." Effort is not about maximizing your probability of success; it's a behavior that ensures a minimum probability of success. There's certainly no guarantee that you'll succeed, but if you don't put in the effort, you'll miss out on the opportunities that come with that minimum probability. Probability always brings doubt about the outcome of our efforts and creates conflict in continuing our challenges and actions. However, the world of probability is the realm of God, where human effort cannot intervene, so we should not attach value to the outcome of our efforts, even if the outcome is success or failure. Therefore, nothing is meaningful disappointment or attachment for us, and we can only be slightly happy if our attitude toward the outcome is value-neutral. Even in the worl...