You ever heard of the 95% treshold? the theory goes like this, the bigger a percentage is, the larger it grows close to 100%, the more the illusion is that, whatever it is that you're measuring, it will always be inclined towards the bigger number, closer to 100%. The thing is that, despite what you would think, 75% is not even remotely close to 100%, and is still closer to a 50/50 than you would think. That's why people are tricked when they have to chose the percentage of losses for investments, they wil always "clearly" go for the bigger % of stability and potential win, not for anything in particular, but because a bigger number is closer to 100%, it "has to be better". Well, statistics don't work like that, and that's how people end up losing millions in investments they would've sworn couldn't fail. Now, what if i told you the same is happening to several things right now? That's it, what do you think that keeps memecoins like doge and vinu, and what do you think that keeps the EU out of the brink of collapse when people swear it should break?
It's amazing really