As a seasoned crypto investor with over a decade of experience navigating the tumultuous seas of digital currencies, I must admit that the idea of Bitcoin hitting $100,000 within such a short span would have once seemed like a far-fetched dream. However, the relentless march of technological advancement has taught me to never underestimate the power of innovation.
As a researcher examining the intricacies of the digital currency market, I must admit that if Bitcoin manages to reach $100,000 by November 28th, it would certainly strengthen my suspicions about the simulation hypothesis.
“I don’t believe in Simulation Theory, but if it happens that would convince me,” he said.
On November 28 in the years 2013 and 2017, Bitcoin, the most prominent cryptocurrency, reached significant historical highs by surpassing its previous significant benchmarks at $1,000 and $10,000.
Currently, Bitcoin is nearing the $100,000 threshold, with its current price standing at approximately $95,505. To reach this significant level, it needs a 4% increase in value today.
In his 2003 influential paper, Nick Bostrom, a renowned philosopher from Oxford University, put forth the concept known as the Simulation Theory. Essentially, this theory suggests that with abundant computational power, it could be possible to create highly realistic simulations. This idea is deeply linked to computationalism, a perspective that perceives cognition as a type of computation.
Ever since the release of that intriguing paper, the concept of our world being a simulacrum has started gaining momentum, largely due to the rapid advancements in technologies like virtual reality (VR) and artificial intelligence (AI). Innovations such as Apple’s Vision Pro are now pushing the limits of what we consider ‘reality’, making me ponder even more about this fascinating idea.
Advocates of the simulation theory suggest that the lack of tangible, verifiable proof could be intentional within this simulation, as it serves to uphold the convincing appearance of a true, underlying reality.
If Bitcoin does manage to hit $100,000, this might be a piece of evidence.
That said, Polymarekt bettors see only a 21% chance of Bitcoin reaching six figures this November.
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2024-11-28 09:02