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> Some HN thought leaders declared Bitcoin a tulip bubble when the price was 1000x smaller than it is now. I don't know that I understand the point you're maki
by unfocussed_mike 5y ago
> Some HN thought leaders declared Bitcoin a tulip bubble when the price was 1000x smaller than it is now.
I don't know that I understand the point you're making. The fundamentals of Bitcoin haven't changed, and it is worse than a tulip bubble.
- cinntaile 5y agoThere has only been one tulip mania. Bitcoin on the other hand has gone through a few boom and bust cycles by now. This implies that it's probably not very helpful to compare the two.
- DonHopkins 5y agoGrowing tulips REMOVES carbon from the atmosphere.
- cinntaile 5y agoHaha yeah I guess that's true, but I would be surprised if it's a net positive once you factor in transport to the customer. I guess we need a Proof of Carbon Removal consensus algorithm based coin ;)