Cut the noise: KS tests are not an automatic operational proof.
Statistical similarity is conditional on the nature of the underlying data and does not guarantee practical relevance.
Comparing Singapore government bond yields to unregulated digital assets, even with a KS similarity, is fallacious.
The simplest explanation is that divergent economic contexts cancel out this digital simplicity.
For example, a KS test may show similarity between the yields of a secured pension fund and a volatile cryptocurrency, but operational risk remains incomparable.