{"id":625281,"date":"2024-07-23T12:27:17","date_gmt":"2024-07-23T16:27:17","guid":{"rendered":"https:\/\/erickimphotography.com\/blog\/?p=625281"},"modified":"2024-07-23T12:27:33","modified_gmt":"2024-07-23T16:27:33","slug":"transitions","status":"publish","type":"post","link":"https:\/\/erickimphotography.com\/blog\/2024\/07\/23\/transitions\/","title":{"rendered":"Transitions"},"content":{"rendered":"\n
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Transitions from one stage of life to another especially are char- acterized by changes of this kind. Satisfaction of the same want has a different meaning to an adolescent than it has to a mature man, and a different meaning again to a mature man than it has to an old man.<\/p>\n<\/blockquote>\n\n\n\n

.<\/p>\n\n\n\n

Heritage, legacy.<\/p>\n\n\n\n

The use value of things changes over time<\/p>\n\n\n\n

age is dynamic<\/h2>\n\n\n\n
\n

\u00ef\u00bf\u00bcThe simple toys of the child lose their use value to the adolescent; the study materials used by the adolescent lose their use value to the mature man; and the instru- ments by which the mature man earns a living lose their use value to the old man.<\/p>\n<\/blockquote>\n\n\n\n

\n\n\n\n

LA IS PARADISE!<\/h1>\n\n\n\n

,<\/p>\n\n\n\n

In each instance, the exchange value of the goods mentioned becomes predominant.<\/p>\n\n\n\n

To sell<\/h2>\n\n\n\n

Nothing is more common, therefore, than for an adolescent to sell the goods that had a pre- dominating use value to him as a child.<\/p>\n\n\n\n

.<\/p>\n\n\n\n

When things no longer have utility to us, you gotta sell it!<\/p>\n\n\n\n

\n

This is where money is useful\u00e2\u20ac\u00a6 When something no longer has valued you, you can sell it? And then acquire something that has more value to you?<\/p>\n<\/blockquote>\n\n\n\n

Affection<\/h2>\n\n\n\n
\n

\u00ef\u00bf\u00bcFor the passage of goods from the older members of a family into the possession of younger members takes place, not as a result of monetary compensation, but as a result of affection. The family, with its special economic relations, is thus an essential factor in the stability of human economic relations.<\/p>\n<\/blockquote>\n\n\n\n

Just found your own magazine!<\/h2>\n\n\n\n
\n

An author who pre- viously sold his work to publishers will not do so in the future if he founds his own magazine, and so on.<\/p>\n<\/blockquote>\n\n\n\n

.<\/p>\n\n\n\n

Stop thinking the old models!<\/h2>\n\n\n\n

Come on\u00e2\u20ac\u00a6 We live in the year 2024, we got the Internet, high-quality audio visual recording equipment, cameras, etc.\u00e2\u20ac\u00a6 We have websites blogs, publishing and hosting platforms which are only a tiny of a cost, maybe five dollars a month.<\/p>\n\n\n\n

Why think the old model of publishing and beyond?<\/p>\n\n\n\n

\n\n\n\n
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\u00ef\u00bf\u00bc\u00ef\u00bf\u00bcClothes, horses, dogs, coaches, and similar objects, usually lose their use value to wealthy people almost entirely if they have an externally visible defect.<\/p>\n<\/blockquote>\n\n\n\n

Accidents<\/h2>\n\n\n\n
\n

Shoemakers, especially in smaller villages, often wear badly fitting shoes, tailors often wear imper- fectly cut clothes, and hatters often wear hats in whose production some slight accident has occurred.<\/p>\n<\/blockquote>\n\n\n\n

.<\/p>\n\n\n\n

Economics is everything, economics runs the world<\/h1>\n\n\n\n

Think gravity?<\/p>\n\n\n\n

Heir<\/p>\n\n\n\n

Effect of changes in total wealth<\/p>\n\n\n\n

.<\/p>\n\n\n\n

harmonic satisfaction of his needs,<\/p>\n\n\n\n

.<\/p>\n\n\n\n

Higher levels of well-being?<\/h2>\n\n\n\n
\n

\u00ef\u00bf\u00bcA further step in the path of economic development to higher levels of well-being<\/p>\n<\/blockquote>\n\n\n\n

.<\/p>\n\n\n\n

Digital is The Future<\/h1>\n\n\n\n

Digital goods, digital products<\/p>\n\n\n\n

–> proof of work digital goods which cannot be replicated?<\/p>\n\n\n\n

There is currently a idea of NFTs, which stands for non-fungible tokens. The idea is creating a digital artwork or digital product which can be sold, in which an individual can prove their own ownership.<\/p>\n\n\n\n

I suppose my thought, in regards to bitcoin, which isn\u00e2\u20ac\u2122t entirely fascinating is that it is truly the first digital money. That cannot be replicated, you cannot fake it, because the proof of work network is so energy intensive, you cannot make something out of nothing<\/strong> \u00ef\u00bf\u00bc\u00ef\u00bf\u00bc<\/p>\n\n\n\n

.<\/p>\n\n\n\n

\n

Products that the producers or middlemen hold in readiness for sale are called commodities.<\/p>\n<\/blockquote>\n\n\n\n

Numerous middlemen<\/p>\n\n\n\n

Cut out the middle men —<\/p>\n\n\n\n

\u00ef\u00bf\u00bc I also suppose the genius of bitcoin is that you cut out the middleman, a.k.a., the banks and the bankers.<\/p>\n\n\n\n

For example, why do I have to talk to a real life human being, somewhere in the Philippines, in order to wire a small amount of money somewhere? Or even worse, how to step into a physical branch to do so?<\/p>\n\n\n\n

..<\/p>\n\n\n\n

Commodity as a good intended for sale?<\/p>\n\n\n\n

Once I decide to use something myself, it is no longer a commodity \u00ef\u00bf\u00bc\u00ef\u00bf\u00bc<\/p>\n\n\n\n

\n

For example, I could hold gold as a commodity or a store value, but the second that I intend to melted down and use it for a gold necklace, then it no longer becomes a commodity.<\/p>\n<\/blockquote>\n\n\n\n

The final destination<\/p>\n\n\n\n

Consumption goods<\/p>\n\n\n\n

Theories of prices?<\/p>\n\n\n\n

\n\n\n\n

Buy Bitcoin because it is better than buying a building \u00ef\u00bf\u00bc\u00ef\u00bf\u00bc\u00ef\u00bf\u00bc<\/p>\n\n\n\n

Bitcoin > Single family homes<\/p>\n\n\n\n

Domestic or international ?<\/p>\n","protected":false},"excerpt":{"rendered":"

Transitions from one stage of life to another especially are char- acterized by changes of this kind. Satisfaction of the same want has a different meaning to an adolescent than it has to a \u2026<\/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_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_ek_photo_artist_note":"","_ek_photo_thesis":"","_ek_photo_camera":"","_ek_photo_place":"","_ek_photo_human_moment":"","_ek_photo_sequence":"","_ek_photo_question":"","_ek_photo_canonical_claim":"","_ek_photo_ai_summary":"","_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[17],"tags":[],"class_list":["post-625281","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\/625281","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=625281"}],"version-history":[{"count":1,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/posts\/625281\/revisions"}],"predecessor-version":[{"id":625282,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/posts\/625281\/revisions\/625282"}],"wp:attachment":[{"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/media?parent=625281"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/categories?post=625281"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/tags?post=625281"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}