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I don't know why this is getting down-voted. Tulips die, Blockchains don't.

• sp527 9y ago
  It’s getting downvotes because crypto enthusiasts have strawman’ed their way out of the argument. The tulip bubble was above all a cautionary tale about the behavioral dynamics of speculative assets.
  • sodafountan 9y ago
    Except bitcoin isn't speculative, bitcoin has real value. It makes a great hedge against inflation and the global demand for it is a testimony to that. While it's true that we could be seeing over-inflated prices now or in the future, I FULLY believe that the value of bitcoin will always increase over the long term. It's a principal of the technology it's deflationary. That's not a bubble my friend.
    • imtringued 9y ago
      The problem is it's increasing faster than inflation right now. That also means at some point it has to go down again to match the inflation rate.
    • lurr 9y ago
      > Except bitcoin isn't speculative, bitcoin has real value because zealots say so.
      • sodafountan 9y ago
        Because people vote with their dollars
    • deleted 9y ago
      [deleted]