One of the key principles of money is ‘opportunity cost.’ It means that when I buy something, I have to give up something else in return. We think we buy because we need something, but we often forget that we could buy something else instead. We rarely consider ‘opportunity cost’ when making a purchase. We do not compare other values against our needs. Buying something means giving up something else, but we often don’t realize it. When we spend money, we should also consider the ‘opportunity cost’; yet, in reality, we aren’t trained to do so. By making a purchase, we bypass the value comparison that may not offer any additional benefits. Maybe it’s because we lack knowledge, or perhaps the idea isn’t appealing. - Joseph’s “just my thoughts”
Initially, humans could not draw as they perceived. It was only after the discovery of perspective that they could accurately draw what they saw. Perspective was first applied to performance stages in Greece during the 5th century BC, and it was not until the 15th century that the Italian architect Brunelleschi succeeded in expressing a three-dimensional perspective on a two-dimensional plane. In the long history of humanity, the period of applying perspective is quite brief. Perspective painting represents a virtual depiction of reality . In other words, the first instance of visualizing something virtual is perspective. People speak as if the metaverse is a significant industry today, but the virtual realization through perspective began long before the digital era. Currently, it’s only visually represented digitally. Understanding the essence of this can help you mitigate risk, even as times and circumstances evolve. - Joseph’s “just my thoughts”