Post
Topic
Board Bitcoin Discussion
Topic OP
what is key differences between Bitcoin and tulip bubble
by
udayantha11
on 16/10/2022, 03:27:09 UTC
As per my understanding. there are major differences between bitcoin tech and tulip mania. Some people still asking bitcoin is the same as the tulip bumble. Tulip is a non-tech bubble and BTC is a tech bubble.

My points are

A tulip is a just flower and has no long useful life for it.

Tulip flowers do not have a use case

Tulip flower investment does not use any security standards


As per the white paper of the BTC , BTC is for peer-to-peer exchanging money with any border limits, and it's a real use case.

BTC has had a long useful life, from 2009 to now. And its adoption especially in the tech sector so we can predict this has to be in another 100 years. There is another valid point that the last BTC going mined in 2140 or near year so for that period BTC should survive.

BTC is secured with Blockchain technology and millions of computers are now connected to the newtork. Hashing rate is very high so its almost impossible to break the security of the BTC network.


At last, i would say, Tulip is a just a flower without long life. Everyone can not get it. BTC is related with tech and everyone can use it. No discrimination, no boarder , no third party. So BTC will be king of the financial market in near future on the internet.