I think the author uses minimal set because it allows constructing any sigma-algebra from it. This (minimal set-based construction) is only possible for finite spaces. It allows, for example, an intuitive explanation of how sigma algebra F2 is coarser than F1. It serves a similar purpose as Borel sigma algebras in the general case, although a minimal set does not need to be a sigma algebra.
Using different sigma algebras allows describing easily all events on which the probability is defined, and how those events may change with time (filtration). I am not sure how use of sigma algebras (or algebras for finite case) can be avoided in general.
Using different sigma algebras allows describing easily all events on which the probability is defined, and how those events may change with time (filtration). I am not sure how use of sigma algebras (or algebras for finite case) can be avoided in general.