Create your own fashion <\/p>\n\n\n\n
Scarcity?<\/p>\n\n\n\n
\u00ef\u00bf\u00bcScarcity**\u00e2\u20ac\u009d^^ refers to the proportion between the quantity of a thing and the use which is made of it.<\/p>\n\n\n\n
It is true, however, that the destruction\u00e2\u20ac\u02dcOf a thing raises its price more than its removal from
trade.<\/p>\n\n\n\n
Thisisbecauseitsdestructioncompletely eliminates all hope, while its removal preserves its value in accordance with the probability that the thing
will be used and returned again to circulation and trade. Thismeritsmoreseriousconsideration.<\/p>\n\n\n\n
True luxury goods, like Louis Vuitton products or whatever that don\u00e2\u20ac\u2122t get sold\u00e2\u20ac\u00a6 Simply get destroyed shredded or burned or trashed?<\/p>\n\n\n\n
You cannot destroy bitcoin or a bitcoin<\/p>\n\n\n\n
Plenty is climate<\/p>\n\n\n\n
\u00ef\u00bf\u00bc\u00ef\u00bf\u00bcPlenty, obviously, does not ‘depend on human will but on the circumstances of climate and of the elements.<\/p>\n\n\n\n
Labor<\/p>\n\n\n\n
I turn next to a discussion of labor.\u00e2\u20ac\u02dc*”^\u00c2\u00ae This alonegivesthingsvaluewhethertheyareentirely works of art, such as paintings, sculptures, carvings, et cetera, or such things as minerals, stones,<\/p>\n\n\n\n
Increase or reduce work?<\/p>\n\n\n\n
Bitcoin is valuable and worth it because the mining energy required to mind it is great?<\/p>\n\n\n\n
\u00ef\u00bf\u00bc\u00ef\u00bf\u00bcCertainly, no one works except to live, nor can one work without sustenance.<\/p>\n\n\n\n
Working to live, you need sustenance and food<\/p>\n\n\n\n
\u00ef\u00bf\u00bcThe cloth will be worth more than the-wool it contains. Its price is equal to the cost of food for the fifty persons, for a time equal to the period of time involved in the work.<\/p>\n\n\n\n
Thinking labor cost, and the cost of food for the people who were necessary to produce it.<\/p>\n\n\n\n
\u00ef\u00bf\u00bcI would add the diverse lengths of time it I takes different men to begin to enjoy profit from^theirJj
work. For this reason, those arts and studies ” whicti require a great deal of time and expense to master must i be higher in price. These are no different than pine 1 timber and some walnut trees which, because of the |
lengthoftimetheytaketogrow,areworthmorethan 1
poplarsandelms. Somuchfortime.<\/p>\n\n\n\n
Arts and studies which require a great deal of time and expense to master, eventually they should be paid more.<\/p>\n\n\n\n
Certain trees plants and things which require longer times to grow are worth more.<\/p>\n\n\n\n
Bitcoin is worth more because it requires so much time effort and computing power electricity the cost of mining equipment etc. to produce?<\/p>\n\n\n\n
\u00ef\u00bf\u00bc\u00ef\u00bf\u00bc\u00ef\u00bf\u00bcGrantingthis,theworthofamanof letters compared to a peasant would be in inverse pro\u00c2\u00ad portion to these figures, or as six hundred to fifty: hewillbetwelvetimesbetter.<\/p>\n\n\n\n
Be a man of letters; 12 times better than a peasant?<\/p>\n\n\n\n
Learning and wisdom is the highest price?<\/p>\n\n\n\n
\u00ef\u00bf\u00bc\u00ef\u00bf\u00bcLearning and wisdom, on the other hand, are like gems among talents, and these deservedly have the highest prices.<\/p>\n\n\n\n
Time to maturity<\/p>\n\n\n\n
Greatgenerals such as Prince Eugene or Marshall Turenne, command an unlimited price compared to a simple soldier.<\/p>\n\n\n\n
Nature behaves here as it does in the case of seeds and plants. Almost anticipating a great loss
between sowing the seed and harvesting the plants which finally blossom, nature provides a much greater quantity of seeds, depositing more of them into tHe earth than thenumberofplantswhichfinallybloom. Or,aplant is worth more than the seed from which it springs.<\/p>\n\n\n\n
Merits vs Gifts<\/p>\n\n\n\n
Fashion is a malady of the cerebrum common to the na- tions of Europe, because of which many things are rendered of little value simply because they are not new.<\/p>\n\n\n\n
\nWe value the new, we disvalue the not new? \u00ef\u00bf\u00bc<\/p>\n<\/blockquote>\n\n\n\n
*<\/p>\n\n\n\n
Beautiful versus useful?<\/p>\n\n\n\n
\u00ef\u00bf\u00bcFashion is entirely in the realm of the beautiful; none of it is in the useful.<\/p>\n\n\n\n
As a result, when a thing which is more useful and convenient is in fashion, I do not think of it as fashionable but as an improvement of the arts and of the comforts of life.<\/p>\n\n\n\n
When a thing is more useful and convenient it is not fashion but an improvement of the arts and the comfort of life?<\/p>\n\n\n\n
\nwhat can really truly improve the comfort of your life?<\/p>\n<\/blockquote>\n\n\n\n
Beauty habit of mind and or of custom? \u00ef\u00bf\u00bc\u00ef\u00bf\u00bc\u00ef\u00bf\u00bc<\/p>\n\n\n\n
the beauty of gems^” ^ and of
gold and silver is universally established on the con\u00c2\u00ad stitution of our minds, no part of it ever having suc- cumed to fashion, for it could not.<\/p>\n\n\n\nWe naturally find gold silver and gems beautiful?<\/p>\n\n\n\n
Every human thing has order and limits<\/p>\n\n\n\n
\u00ef\u00bf\u00bc\u00ef\u00bf\u00bc
Things, all things have limits<\/p>\n\n\n\nEsteem and value?<\/p>\n\n\n\n
Changes of tastes?<\/p>\n\n\n\n
Private gain is bad? \u00ef\u00bf\u00bc\u00ef\u00bf\u00bc\u00ef\u00bf\u00bc<\/p>\n\n\n\n
The desire for gain, or the desire to live happily, is to
man what gravity is to physics.<\/p>\n\n\n\nThe desire for gain, or the desire to live happily is what gravity is to physics for men<\/p>\n\n\n\n
\n
- Man desires gain<\/li>\n\n\n\n
- Man desires to live happily<\/li>\n<\/ol>\n\n\n\n
Social physics?<\/p>\n\n\n\n
*<\/p>\n\n\n\n
The amount of labor required to mine one bitcoin? \u00ef\u00bf\u00bc\u00ef\u00bf\u00bc\u00ef\u00bf\u00bc\u00ef\u00bf\u00bc\u00ef\u00bf\u00bc<\/p>\n\n\n\n
Don\u00e2\u20ac\u2122t be a golden merchant, gold is the old-school, you come up bitcoin merchant, the new school?<\/p>\n\n\n\n
My uncle made his riches and his wealth in the gold jewelry business; maybe I can make my wealth in the bitcoin business, the crypto business, the crypto jewelry business?<\/p>\n\n\n\n
Rather than owning physical positions which take up space, better to own digital possessions? This is where an NFT is interesting?<\/p>\n\n\n\n
Paper representing money is now more common \u00ef\u00bf\u00bc\u00ef\u00bf\u00bc\u00ef\u00bf\u00bc<\/p>\n\n\n\n
it is the velocity of circulation
of money, not the quantity of the metals, which’makes the quantity of money appear great or small.<\/p>\n\n\n\nThe velocity of circulation of money, not the quantity of it which makes the quantity of money appear great or small?<\/p>\n\n\n\n
\ntrack the velocity of circulation of certain assets.<\/p>\n<\/blockquote>\n\n\n\n
Missing silver coin currency? Or it being melted down for other stuff?<\/p>\n\n\n\n
Things that wear out?<\/p>\n\n\n\n
**<\/p>\n\n\n\n
How many bitcoin do you have bro?<\/p>\n\n\n\n
Gold silver have a true intrinsic value value<\/p>\n\n\n\n
Nobody wants silver or bronze<\/p>\n\n\n\n
Gold or nothing.<\/p>\n\n\n\n
Ideal vs real money<\/p>\n\n\n\n
Evaluate things, purchase things. \u00ef\u00bf\u00bc\u00ef\u00bf\u00bc\u00ef\u00bf\u00bc\u00ef\u00bf\u00bc\u00ef\u00bf\u00bc \u00ef\u00bf\u00bc\u00ef\u00bf\u00bc\u00ef\u00bf\u00bc\u00ef\u00bf\u00bc\u00ef\u00bf\u00bc\u00ef\u00bf\u00bc\u00ef\u00bf\u00bc<\/p>\n\n\n\n
Money is used to express the value of something<\/p>\n\n\n\n
Money consists of metals which have been broken down and divided into different parts ***<\/p>\n\n\n\n
Money is consisted of bitcoin which has been broken down into individual decimal points? \u00ef\u00bf\u00bc\u00ef\u00bf\u00bc\u00ef\u00bf\u00bc<\/p>\n","protected":false},"excerpt":{"rendered":"
Create your own fashion Scarcity? \u00ef\u00bf\u00bcScarcity**\u00e2\u20ac\u009d^^ refers to the proportion between the quantity of a thing and the use which is made of it. It is true, however, that the destruction\u00e2\u20ac\u02dcOf a thing raises its price more than its removal fromtrade. Thisisbecauseitsdestructioncompletely eliminates all hope, while its removal preserves its value in accordance with the […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[17],"tags":[],"class_list":["post-586169","post","type-post","status-publish","format-standard","hentry","category-posts"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/posts\/586169","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/comments?post=586169"}],"version-history":[{"count":1,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/posts\/586169\/revisions"}],"predecessor-version":[{"id":586170,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/posts\/586169\/revisions\/586170"}],"wp:attachment":[{"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/media?parent=586169"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/categories?post=586169"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/tags?post=586169"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}