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Bitcoin vs. Tulip Mania: Why the Comparison Wilts Under Scrutiny
23.11.2024
With bitcoin reaching unprecedented heights, critics have come out in full force, dusting off age-old arguments. The tired accusations resurface: calling it a pyramid scheme, claiming it’s worthless because it isn’t physical, or likening it to the infamous Tulip mania. These overused...
RBI Governor Remains Critical of Crypto, Says World Can Not Take Crypto Mania Like Tulip Mania
11.1.2024
Source: X / @FinMinIndia The governor of the Reserve Bank of India, Shaktikanta Das, has reiterated the central bank’s negative stance on crypto. He said that the RBI’s position on cryptocurrency remains unchanged. “Traveling down that path will create huge risks. I don’t think...
5 biggest economic bubbles in history
3.2.2023
Economic bubbles occur when the price of an asset, such as stocks or real estate, is driven up artificially and becomes disconnected from its underlying value
Nifty News: NYT says NFTs in pandemic-fueled bubble, Polkamon eggs produce $1M gas ...
31.3.2021
NYT likens the NFT bubble to the plague induced “tulip mania” of the 1600s, Polkamon NFTs generate more than $1 million in gas fees, and a man fails to sell 50% of a house as an NFT
Bitcoin must cost 10X more with 10X less utility to match Tulip Mania — Investor
15.2.2021
There's no comparing the current bull run with the 17th century tulip bubble, Dan Tapeiro argues