If you’re alone on an uninhabited island, you don’t need money; you only need resources and labor to process those resources for survival. In other words, there’s no need for an exchange-based economy. The exchange of goods led to the development of an economic system that dramatically increases efficiency and productivity. The monetary system was created because society consists of many people living together. To facilitate exchange, value had to be measured, and a price assigned to that value. The foundation of wealth is built on production and exchange. We all rely on others to survive. - Joseph’s “just my thoughts”
Algorithms are the foundation of how a system functions. A system is a large structure where each component is connected by a specific energy that forms relationships, and the entire system moves in a set direction. Understanding an algorithm provides insight into the system, how it operates, and its overall direction. However, creating an algorithm requires the system creator to take a risk and pay a price for the entire system. That’s why designing an algorithm isn’t easy, even though using one is simple. Once an algorithm is developed, system members become reliant on it. The way to break this reliance is to either discard the algorithm or develop a new one. Knowing which system you belong to and how it functions is extremely important. - Joseph’s “just my thoughts”