Post
Topic
Board Bitcoin Discussion
Re: Can we compare Bitcoin with tulips?
by
queenstella
on 24/07/2018, 20:42:23 UTC
With Tulips prices were driven by greed or the fear of missing out. Speculators were buying bulbs in the hope that they could sell them on at an even higher price. Again, it didn't last.
Bitcoin values may well collapse the way tulip futures did, either on their own or due to government efforts. But the problems cryptocurrencies address will not disappear with that collapse. People will continue to pursue technological innovations to improve financial services.