The same thing can be both good and bad. Whenever you speak of good, bad is also present. The world is a mixture of both. There is not good without bad. They are both sides of the same coin. Both are necessary. We have been given free will and discriminating capacity to select what is beneficial to us and to avoid what is detrimental to us. Even Cobra poison can be used as medicine.
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There is one Cosmic Essence, all-pervading, all-knowing, all-powerful. This nameless formless essence