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New Data Suggests Bitcoin and Gold Are Not Interchangeable Assets



Now suppose I obtain the following measurements $(t_i, V_i)$ in hours and liters, respectively: $$(0,1.0), (1,0.9), (2,0.8), (3,0.7), (4,0.6), (5,0.5).$$ This is quite obviously perfectly correlated (and hypothetical) data. But if I were to sort the time and the volume measurements, I would get $$(0,0.5), (1,0.6), (2,0.7), (3,0.8), (4,0.9), (5,1.0).$$ And the conclusion from this sorted data set is that as time increases, the volume of water increases, and moreover, that starting from 1 liter of water, you would get after 5 hours of waiting, more than 1 liter of water. Isn't that remarkable? Not only is the conclusion opposite of what the original data said, it also suggests we have discovered new physics!




New Data Suggests Bitcoin and Gold Aren’t as Correlated as You Think

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