🧵 1. Hive's 'state' lottery proposal challenges the status quo of centralized agents profiting from lotteries that exploit players and syphon money. #crypto
🧵 1. Hive's 'state' lottery proposal challenges the status quo of centralized agents profiting from lotteries that exploit players and syphon money. #crypto
🧵 2. Unlike other blockchains, Hive allows users to yield farm bandwidth as a derivative asset, enabling 'free' transactions without charging fees like Bitcoin or Ethereum.
🧵 3. Powerball odds of winning are 1 in almost 300 million, yet people keep playing, hoping to strike it big. Statistical knowledge should be taught extensively to understand the reality.
🧵 4. Many aren't exposed to statistics, a crucial discipline with numerous real-world applications. Is this intentional? Conspiracy or ignorance?
🧵 5. Unveiling the overlooked importance of statistics, a discipline that can empower individuals to question probabilities and make informed decisions.
🧵 Read more at @edicted's blog: https://leofinance.io/@edicted/deterministic-simulation