Binary thinking. Yes or no.
And I think that's very wrong.
Many things aren't black and white.
A lot of time, it depends many factors, on the situation, the time, the generation, etc.
Some people think it's the thing of the future. Some people think it's a bubble.
Why can't it be both?
It could be a bubble like tech stocks were in 2001. But in the long run, it also could be the thing of the future.
Is this discussion even important?
If you want to buy, then you buy, if you don't want to buy then don't buy.
In the end, big cat, small cat, black cat, white cat, it's still a cat.
If it catches a mouse, it's a good cat.
If someone manages to make money with crypto, regardless of short term trading or long term investing.
Well... good for this person.
Same as politics... It's not A is right, means B is wrong.
Doesn't mean A is always right. A lot of things needs to be looked at in context.
How do you know the media is telling the truth or not?
How do you know if the alternative media is telling the truth or not?
What's good for the individual may not be good for the country. What's good for the country may not be good for the individual.
It's similar as what's the best carrot cake or charkwayteow in SG.
There is none. There are a lot of good carrot cake or CKT stalls.
Some are better than others.
But it all depends on people and tastes. Some have more customers, could be due to price, location, etc...
Some people like it sweet, some like it less sweet, some like it fried til crispy, some don't like it too crispy.
There really isn't a BEST.
In truth, there are "some of the best". Cos these are all subjective. Depends on who's eating. AND also a function of TIME, cos maybe as generations change, tastes of the generations change as well...
And like sports... Some say, XXX is the GOAT (Greatest of all time) in tennis, basketball, baseball, etc...
At best, we can say this person was one of the best players of his time.
Things change, Agassi, won't be playing Nadal in his prime. We'll never find out who's better.
Maybe Jordan's Chicago Bulls team were all great in providing him support which allowed him to excel, maybe the other teams couldn't play as well together.
Maybe for a whole generation there might have been a lack of talent and technology, like how Schumacher owned the race courses for a whole generation. Then maybe now the standards for racing might have changed, and the competition standards might be higher now. We'll never really know if Schumacher would have done as well in this generation if he in his prime.
Right man, right place, right time.
I mean, fans boys love to say XYZ is the GOAT.
But really, we'll never find out.
I mean... if we put Lee Kuan Yew into SG politics now... Would he do as well? Change his name, have a new guy, with similar disposition, same style of politics...
(I mean, we can't use the same name LKY right, then everyone would know it's him. The only way to think about it is for a newcomer who enters SG politics who has the same style and way of doing things.)
The thing is, binary thinking is potentially dangerous and divisive.
It draws a clear line between people. And what's the point in that?
There's really no right or wrong in many issues.
Some people like strong coffee, some people like weak watery coffee.
Some people like chunky peanut butter, some people like creamy peanut butter.
Some people want to buy crypto, some don't... not your money, not important. The problem is... those who didn't buy get jealous when those who bought made money.
A lot of things... well, really not our problem. Nothing to really discuss.
It's only my problem if it affects me. And as I think about life... there's really very little things that affect me. I mean... I try not to get involved in things or issues. Too troublesome...
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