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Showing posts with the label economy

Ease-ability of Individual Monetize-ability

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Consumers love the internet and the internet loves its consumers. What made the internet we use it today, as it is? Is it its multi-billion users or is it the platforms that make it? It’s a symbiotic relationship! As developers of the internet (literally and figuratively) we feel passionately about how we can leverage this beautiful infrastructure. As its users we only challenge its existing relationships, driving even more innovation. The term internet is used as an all encompassing term for the the physical infrastructure, the services it offers and the global behemoth of a platform that it is. It’s beautiful. Internet’s removal of physical barriers is driving creativity and empowering creation of niche products, services [6]. We should be nothing but excited for what lies ahead. Increasingly more day to day utilities are onboarding to the web. Being online is not just about having an internet connection and a web page. It's about moving critical functionalities like banking, edu...

Money Lender

Essay attempting to answer What is money The need to always earn more How we acquire wealth Why institutions need to support investment Primer on some modes of investment & their functioning What is Money? Money is any item or verifiable record that is generally accepted as payment for goods and services. Hence we are ascribing value to the symbol “$" as the unit for measuring the quantity of money. Historically a barter system was used as a system of exchange goods and services. But I can imagine that one person may not always want the things being received in exchange. That would have led to the need for a common ground or a common medium of exchanging goods.  That is how objects such as gold, silver and other precious metals became mediums of exchange since we ascribed value to these objects proportional to their rarity. Rarity of an object makes owning it more valuable. After all it is just something extracted from the earth, so is underground water. Which brings to quest...