Bitcoin Helps Us Overcome Probability-Based Energy Systems

Bitcoin Magazine

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

Imagine if you will, a seller of items that only worked under certain weather conditions. A car that only drives when it’s sunny. A heater that only works when it’s windy. Would you ever buy them? I don’t think you would. Because it’s illogical. Why would you want anything that worked on probability-based weather conditions?

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

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What do you think about cryptocurrency? Do you have any questions about it? Be sure to leave a comment below.

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