3 ms·
Ugh. Tulips weren’t scarce, easily transferable, divisible and didn’t last. The comparison has no place in a discussion. As for the bubble argument - there have
by mszcz 6y ago
Ugh. Tulips weren’t scarce, easily transferable, divisible and didn’t last. The comparison has no place in a discussion. As for the bubble argument - there have been bubbles in other asset classes and no one calls them out as worth nothing because of overly aggressive speculation.