Bitcoin Overcomes Probability Energy – Bitcoin Magazine

This is an opinion columnist from Mickey Koss, a West Point graduate with a degree in economics. He spent four years in the infantry before moving to the Finance Corps.

Imagine if you will, a seller of items that only worked in certain weather conditions. A car that only drives when the weather is nice. A heater that only works when it’s windy. Would you buy them one day? I don’t think you would. Because it’s illogical. Why would you want something that works on probability-based weather conditions?

Sure, they’re predictable to some extent, but have you ever noticed how hopefuls can change from hour to hour? There’s a whole mathematical concept that was discovered when a meteorologist rounded a number in his weather forecasting model. The result ; a completely different prediction. Chaos theory was born.

Advertising

Leave a Comment