top of page

New Data Suggests Bitcoin and Gold Are Not Interchangeable Assets

  • Writer: raewarpovergesstes
    raewarpovergesstes
  • Aug 14, 2023
  • 1 min read


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

2ff7e9595c


 
 
 

Recent Posts

See All

Comments


© 2023 by EDDIE BAKER. Proudly created with Wix.com

bottom of page