Compound Interest : Interest added to the original principal and its accumulated interest. Even if an asset’s price is too high or too low, it eventually converges to the market average . In fact, even with significant price volatility , it is only a matter of time before it aligns with the market average. However, there are occasions where it surpasses this average, and that’s when compounding becomes influential. Market prices reflect the actions of participants and the economic environment affecting their prices. Although sometimes distorted, they eventually revert to prices implicitly agreed upon by participants. But compound interest is a system specifically designed to outperform this market average. Interest can be monetary, but it can also be other economic effects or energy . By understanding and harnessing the power of compound interest , we can gain a significant advantage in our lives. - Joseph’s “just my thoughts”
Technology Advancement and Ethics: One reason humans differ from other animals is because of ‘ethics.’ Due to this difference, we believe that human beings are unique and that ethics are relatively stable. However, the factor that alters human ethics is the development of science and technology. In 2006, Japanese scientist Shinya Yamanaka discovered that mixing four chemicals with human skin cells could create undifferentiated stem cells. These cells are pluripotent, meaning they can develop into any type of body organ. Before this discovery, it was thought that such cells could only be produced through the combination of sperm and egg, but it was later found that they could also be synthesized artificially. Human philosophies, values, and ethics are trapped within technological advances. As science and technology advance, existing ethical frameworks are increasingly challenged. Now, traditional values that have been defended by gender distinction will experience severe conflict. - Jos...