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Kraken Kratom Shop: Red Vein Kratom

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Invisiblepineninja
Dream Weaver
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Registered: 08/17/14
Posts: 12,468
Loc: South Flag
Re: Taking credit for the clever things we say [Re: redgreenvines]
    #26689704 - 05/23/20 05:38 AM (3 years, 8 months ago)

Surely there's a cost.

I mean is not my credit relative to someone's loss.
If i am better....are you not therefore worse.

Should I take credit for something I myself could've done better....is there anyway to know?


The whole things a concession.
False rankings based upon false assumptions.

Credit.. blah.


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Just a fool on the hill.


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Invisibleredgreenvines
irregular verb
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Registered: 04/08/04
Posts: 37,532
Re: Taking credit for the clever things we say [Re: pineninja]
    #26689765 - 05/23/20 06:29 AM (3 years, 8 months ago)

that might be true in the bitcoin verse, but here we print credit as it occurs


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:confused: _ :brainfart:🧠  _ :finger:


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OfflineBrendanFlock
Stranger
Male

Registered: 06/01/13
Posts: 4,216
Last seen: 4 hours, 52 minutes
Re: Taking credit for the clever things we say [Re: redgreenvines]
    #26691034 - 05/23/20 07:13 PM (3 years, 8 months ago)

Yeah I agree with redgreenvines..

Surely we can come to some type of ascertation..


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OfflineMoses_Davidson
Non-Prophet
Male User Gallery


Registered: 05/21/20
Posts: 613
Last seen: 3 months, 29 days
Re: Taking credit for the clever things we say [Re: pineninja]
    #26691437 - 05/23/20 11:02 PM (3 years, 8 months ago)

Quote:

pineninja said:
Surely there's a cost.

I mean is not my credit relative to someone's loss.
If i am better....are you not therefore worse.





In a zero net sum transaction, you are correct. This applies to options or forex trading, but in a system where new value is created, additional forces are at work. When new value is created the idiosyncratic value increases the systemic value.

Credit is value. Value is subject to the laws of supply and demand, and value can be created out of nothing. New value is created all the time, and when you deserve credit, its because you have created more value than you received. We give credit to Tesla for his invention of AC power delivery... but the value we received from Tesla is far greater than the credit he received.


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"In finance, everything that is agreeable is unsound and everything that is sound is disagreeable." --Sir Winston Churchill

"The world may not only be stranger than we suppose, it may be stranger than we can suppose."
J.B.S. Haldane

"Truth is stranger than fiction, but it is because fiction is obliged to stick to possibilities; Truth isn't."
Mark Twain


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