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RE: 1 of the BIGGEST Hive Rewards EVER!!! 2,000 Hive for a Friendlier & Even More Fun Hive Blockchain! #CometWeek HQ ☄️

in #hive3 years ago

@mmykel tells us the importance of time available to us. I agree with him that time is the only item that's not available in the market. ❗️

https://www.proofofbrain.io/hive-150329/@mmykel/let-s-play-the-game

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Time is a tricky thing. Conventionally it is not openly traded on the market as in the stock market. You are correct. But indirectly it is actually traded on the market.

This is not just when someone decides to work for an employer (selling their time by the hour or by salary) but is more commonly sold implicitly within the products and goods we buy daily.

This is why the DIY movement will always bunt heads with the items made in China (as an example)! If it costs $1 US of foreign labor to make a widget and that same widget takes you 1 hour to make yourself... then there is the trade off and there is also the time inputs.

It's a very interesting thing to think about especially when you consider the buy local movement. Do we buy from a local store... that in turn got it's goods from a far away place? You can see the conundrum here! It's a definite catch 22!

Thank you for making us all think about the economy and time in different ways @sunnyag and @mmykel! Big thank you to @mmykel for commenting and also highlighting this post!

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I agree with you that time is tradable indirectly but the time that's gone by never comes back, not at any price. So the best way to encash it is to cash it when it's still available to you! Thanks for everything.❗️

Such a good point about the difference between time, money, and commodities openly sold on the markets.

Time is different in that it can never be recovered. Consumables are like this in some way... however! A banana is always going to be a banana! 🍌 You might use it UP... but there is always another one that's exactly fungible in every persons hand. Time diminishes and is NOT replicable and therefore absolutely MUST be invested wisely.

I find it fascinating to think about the many intricacies of what us humans trade and what we trade it for...

And it's always a good day when I find someone that likes to talk about time and it's importance! ⏱

Sure, one that knows the value of time and grabs the opportunity when it's still available wins the race. You know time knocks on your door just once so if you don't grab it with both your arms extended and pull him in IN TIME, it finds another door. ❗️