/biz/ - Business & Finance

>>25250038

I bought a stack of LINK at $1 and held. Thank you biz. It feels great to >9x, but honestly I have no idea why this has happened. There is no way it would actually work. I'm a data scientist working at large corporations and in my years of exp, every single number is questionable due to how it's calculated. There are tons of arbitrary cutoffs and estimations.
There simply isn't always an objective way to measure things. For example, to measure the weather, different orgs have weather stations in various locations. They use interpolation to approximate the weather between stations and therefore different services can provide different answers as to what the temperature is in a given place at a specific time. Who would Chainlink pick as correct?
For example, the price of bitcoin is different on different exchanges. Which price is correct?
Say you want to measure the time it takes to microwave popcorn. If 100 people do this won't they have tons of varying results? Even with the same model due to variance in the device itself, elevation, air pressure, popcorn batch, etc. It's called central limit theorem.
Or take accounting. People might have different approaches to evaluating cashflow, taxes, etc.
The legal field is full of vagueness as well.