Bitcoin Helps Us Overcome Probability-Based Energy Systems Today

31

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?

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.


This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More