Spend money to buy a piece of memory (history).
When we go to buy a piece of memory card, we are spending money to buy a piece of memory, to
keep the memory alive.
Because the memory is very important and shouldn’t be forgotten. We keep just the important piece of memory into the memory card, to preserve it for many generations to come. We unconsciously and involuntary contribute to the “cult”, although we never talk about it, we don’t even know what we are doing when asked, and nobody tell us it’s what we need to do.
It’s identical to people pay a big sum of money to bury the ancestors, spend on the tomb and grave yard, and every year spend money to pay tribute to ancestor, pay to safeguard the tomb from intruder, tomb raider etc. Paying the money to keep the memory alive so that people would remember the bloodline existed and there is the tomb to prove it. I don’t know what’s the stubbornness on it, government would not hesitate to confiscate the piece of grave yard, to develop new city, but most of the time they would failed because money is again spent to lobby against grave yard confiscation.
Another example is bitcoin, it’s in fact we are buying a piece of memory (history), we keep buying bitcoin because there is history behind bitcoin and to keep this history alive and not forgotten due to time elapsed, we need to spend money to keep it alive. (Although CB won’t stop mocking about bitcoin is as dumb as collecting stamp and it create no value but high energy consumption). If we stopped spending money on it, time after time, eventually everybody would forget this piece of history, when the money on the bitcoin dried up, the memory of bitcoin on people would also be diminished.
Also the library full of books. It’s also build to serve as a piece of history. And money is spent to keep the books clean and readable.
Pyramid, church, mosque, ..., a piece of memory.
Retro-game cartridge, cd, dvd, tape, vinyl disc to keep a piece of memory.
Stamp, painted art, statue, ...
Of course each memory has it’s own ranking, the ranking is measured in term of money, the highest priced memory would be more important than the lower priced memory.
The motivation on buying a piece of history?
But what’s the point of buying a piece of history? Because it’s a mistake. When the price is low, people would not pay attention to the story. Money is spent, to keep the price high and keep the memory alive, also to attract the attention, this piece of memory contain the mistake that has to be remind again and again, if the memory is lost, then the mistakes would be return again, to prevent the mistake from repeating itself, money has to be spent to keep the memory alive, then the memory would serve as the reminder, to set as a precedent, to not repeat the mistake again.
But what’s the point of this topic? This sound so foolish. There is so much memory to remember, nobody have so much time and the interest to learn all of them, also many of them are partially forgotten and can’t tell exactly which is the real piece of story, other than it’s very highly valuable piece of artefact, thus people won’t stop the habit of spending more money on it despite it’s a waste of time and money.
It become apparent, it is pointless to stick to the old history and never make any progress, but it look to me each generation has their own piece of history that they would spend money on, (to keep the history alive), so I believe it’s wise to spend on just the piece of memory that matter to you alone the most, because nobody else would give a damn on your life except yourselves, also they won’t care about your piece of history that you spend money on and care so much about, you want the memory to live on you pay the price and don’t expect someone else to pay for you.
Due to the nature of inflation, it become more expensive to store a piece of history, people from the ancient old day store the memory by drawing art on the wall, but with thing getting more expensive, storing memory on paper is invented to save resource, money and time, but today the memory is stored in the tiny bit of memory chip, (yeah pdf is replacing real physical books) which is both cost effective and time saving, in future it might have to be stored on subatomic medium. But not all are bad news, due to thing getting so small, it become easier to carry the memory around, to distribute the memory, to get the words out, the point of memory is created not to be buried into the earth crust, memory is created to broadcast to as many people as possible. It’s also convincing enough smaller memory are much more fragile. Comparing the paint on the wall and a books and memory chip, paint on the walls can last many thousands year and still readable, books is fragile but could last a few hundred years too, memory chip is arguably a lot more fragile, corrosive could eat into it and bit rot to destroy the memory, they may not last more than a decade.
Financial advice? Price goes up, we are in for the money... who care about the story. We just want the reward, minus the efforts to get it!
What exactly is all the fuss about NFTs? Storing jpg? It’s in my opinion, the intention to buy a piece of history, but it’s nothing more than replicate what exactly the rich guy did, they paid top dollar on painted art, bullet, gun, for no obvious reason, but price keep going up. And conveniently scammer took advantage of the hype and sell it as an investment, promising the price keep going up and investor could make profit, while unscrupulous investor has no idea it is a snake oil.
Happy ending memory?
Regis McKenna once said, the best marketing is education. Steve Jobs agree. There is a time a gold rush that create happy ending memory to some people and make many people rich, it was the time they’re indulged on the easy money that come without taking much efforts, soon enough the parent decide to pass down the happy ending memory they once enjoyed to their kids, and they begin to tell kids to follow their path, they go to school and get good grade and by the time gold rush is on the hype they board the boat and make a happy ending life, so every kids must remember their history of happy ending memory, and reproduce the same result, or they would be deemed as social rejects, so guy must all go to work as teacher, accountant, doctor, lawyer, these are proven a career working for them during the gold rush, it should work indefinitely no matter when the time we are born, it should work... time would tell the answer.
The new world order?
Migration, career shifting, has take the world by storm, new world order, become social influencer but not to be lawyer accountant doctor or teacher, making video and your very own channel for your very own audience, youtubing, electronic sport(?), would internet gold rush come to an end? Nobody know. But the new age is still very young, there should be plenty of opportunity to make.
Whatever the memory or history is, if you run out of coin you are game over!
When your history run out of money, it’s game over for your history, when you run out of coin you can’t play the coin operated arcade video game anymore, and you would be served with “game over” splash screen. Hence, do not run out coin! To keep your memory running. Obviously the richer you’re, the longer your history would last, rich guy want their version of history to last forever, they would do whatever to get more money, breaking laws, bending rules, to keep their history alive, for generation upon generation.
Chicken and egg, what come first?
Let’s follow the advice, so how to make money? Just listen to the advice of filthy rich, follow whatever Warren Buffett tell us to invest, it would never goes wrong, it’s fine! Yeah, just learn to code, and be programmer, it’s lead to happy ending! Just be lawyer accountant doctor, be rich dad just like them, the advice always work.
Anything else to add?
Some called buying stock is akin to buying a piece of ticket to a circus show. Obviously a real circus show would only last as few as a few hours and after the show is over, the ticket effectively become worthless. But stock market circus show last for much longer time, many years, the clown on the circus show has to keep playing the show to entertain the audience, and the price of the circus ticket may worth more, if the clown quit then the circus show is finally over, when the company goes bankrupt, or CEO quit the business, it’s the end of circus show, you can toss the ticket to the dustbin. So do not quit, keep the circus running. Time may be changing, word maybe changing, ideology may be changing, terminology may be changing, scam may be changing, but the final goal seem to be roughly the same, the end goal is to create memory, which also spend money.
Have fun reading.