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”
“Poverty charges interest,” said American singer Tay Zonday . If you don’t have money to buy toothpaste or a toothbrush , you will pay for the implant next year. This applies even to those with physical disabilities . People with disabilities often pay more for the average distance traveled. In contrast, the costs for the wealthy or non-disabled are cheaper and more efficient than those for others. Weakness is not merely a product of comparing superiority and inferiority. The moment I recognize my weakness, I must keep in mind the price I will pay in the future, and the world must charge me that interest. We often try to forget that this accumulation of poverty interest s makes us poorer. - Joseph’s “just my thoughts”