Universality: Exclusivity alone does not create value because value is not automatically generated by monopolizing something that isn’t worthwhile. For a monopoly to effectively build value, the monopoly object must be scarce and in limited supply. Conversely, universality also creates value. Scarcity relates to the concept of universality as a correspondence, and the value of universality is also affected by the limitations imposed by scarcity. Nothing has absolute value; all values are merely relative. - Joseph’s “just my thoughts”
Abraham, in the Bible, remained silent when God revealed that he should offer his only son, Isaac. However, when he rescued his nephew Lot from the doomed city of Sodom, he bargained with God. What is a “bargain?” In life, it is crucial to know with whom to bargain and when. If we bargain over what we shouldn’t or don’t do what we should do bargain, then our lives can become quite weird. Every day, we seek something to bargain for, repeatedly hoping for favorable outcomes or facing disappointments. - Joseph’s “just my thoughts”