Bee Coin ... Change the Game ...
Philosophy & Economy
Thales of Miletus ( was a pre-Socratic Greek philosopher ) :
One story recounts that he bought all the olive presses in Miletus after predicting the weather and a good harvest for a particular year. In another version of the same story, Aristotle explains that Thales reserved presses ahead of time at a discount only to rent them out at a high price when demand peaked, following his predictions of a particularly good harvest. This first version of the story would constitute the first creation and use of futures, whereas the second version would be the first creation and use of options. Aristotle explains that Thales' objective in doing this was not to enrich himself but to prove to his fellow Milesians that philosophy could be useful, contrary to what they thought !
Thales was known for his innovative use of geometry. His understanding was theoretical as well as practical. For example, he said: Megiston topos: hapanta gar chorei (Μέγιστον τόπος· άπαντα γαρ χωρεί)Philosophy & Economy
Thales of Miletus ( was a pre-Socratic Greek philosopher ) :
One story recounts that he bought all the olive presses in Miletus after predicting the weather and a good harvest for a particular year. In another version of the same story, Aristotle explains that Thales reserved presses ahead of time at a discount only to rent them out at a high price when demand peaked, following his predictions of a particularly good harvest. This first version of the story would constitute the first creation and use of futures, whereas the second version would be the first creation and use of options. Aristotle explains that Thales' objective in doing this was not to enrich himself but to prove to his fellow Milesians that philosophy could be useful, contrary to what they thought !
"Space is the greatest thing, as it contains all things "
Σχόλια
Δημοσίευση σχολίου