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Am I the only one who thinks bitcoin is nothing less than Tulip mania https://en.wikipedia.org/wiki/Tulip_mania https://en.wikipedia.org/wiki/Tulip_mania fueled
by fubar682 10y ago
Am I the only one who thinks bitcoin is nothing less than Tulip mania https://en.wikipedia.org/wiki/Tulip_mania https://en.wikipedia.org/wiki/Tulip_mania fueled by Chinese hardware manufacturers & US VC firms like Andreessen Horowitz?
- pawadu 10y agoWell, tell that to online drug dealers and ransomware creators.
- mrb 10y agoTulip mania's peak period lasted 6 months or so. Bitcoin has been growing for 7 YEARS. Why? Bitcoin solves a lot of real world problems. Tulips don't. At least ~50 international financial institutions have R&D groups directly working with block chains / Bitcoin (search "R3CEV partners"). Central banks have reported positively on Bitcoin . As recently as last week a group of 90 central bankers met at the Fed to discuss the topic.[1] I can understand why it looks like a mania to an external observer's eye, but it is definitely not :) [1] http://www.coindesk.com/central-banks-blockchain-federal-reserve/ http://www.coindesk.com/central-banks-blockchain-federal-res...