Tulip Mania and Why It Has Nothing To Do With Bitcoin

Tulip Mania and Why It Has Nothing To Do With Bitcoin

See also: http://letstalkbitcoin.com/is-bitcoin-overpaying-for-false-security/; http://bitcoinmagazine.com/7119/bootstrapping-an-autonomous-decentralized-corporation-part-2-interacting-with-the-world/; http://bitcoinmagazine.com/7235/bootstrapping-a-decentralized-autonomous-corporation-part-3-identity-corp/. Corporations, US presidential candidate Mitt....


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Tulip Mania Vs. Bitcoin

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Forget Tulip Mania, the Netherlands is Leading Bitcoin Innovation

Hang around Imgur and reddit long enough and you will find photos of Dutch tulip fields popping up with clock-like regularity. The country has long been famed for its flower industry, and the expansive fields of colourful flowers do create a mesmerizing spectacle. When discussed in the same breath as bitcoin, however, Dutch tulips are an insult. 'Tulip mania', a phenomenon in the early 17th Century where tulips traded at extraordinarily high prices and then spectacularly crashed in value, is pointed to as a historical analogue of the current controversy surrounding bitcoin. In December,....

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