Bitcoin surpasses the energy of probability – Bitcoin Magazine

This is an op-ed by Mickey Koss, an economics graduate of West Point. He spent four years in the infantry before joining the Finance Corps.

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

Sure they are predictable to some degree, but have you ever noticed how much the forecast can change from hour to hour? There is a whole mathematical concept that was discovered when a meteorologist rounded a number in his weather forecast model. The result; a completely different prediction. Chaos theory is born.


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