The tulip craze lasted a few months.
Bitcoin has been around for more than a decade.
You keep referring to the “Tulip Craze” but it has almost zero in common with that.
I get that you don’t like Cryptos. And for most of the little ones, I don’t disagree. But the major banks in this country have been using digital tokens and blockchain internally for about five years now.
My point wasn’t to get all of your advice from FBN. My point is that people in the business are talking about it as a legitimate investment device. THAT was unheard of just a year ago.
Adoption will be slow…until it isn’t.
How dare you slander tulip bulbs.
;-)
Great article here:
https://www.history.com/news/tulip-mania-financial-crash-holland
One of my many issues with bitcoin is that millions of naive folks around the world have lost and are losing their life savings on it.
The bitcoin advocates say that is just “bad bitcoin” but the problem is that the average person is totally unable to distinguish “good bitcoin” from “bad bitcoin”.
In the case of Sam the Scam he had a gigantic advertising, public relations and political bribery effort—and poisoned the well.
Good luck getting the good water back.