Tuesday 23 April 2019

After the Bust, Are Bitcoins More Like Tulip Mania or the Internet?

After the Bust, Are Bitcoins More Like Tulip Mania or the Internet?

When you talk to tech industry insiders about where Bitcoin is heading, two vastly different comparisons are inevitable: the tulip bulb and the internet. Bitcoin’s critics say the digital tokens are like the tulip bulbs of 17th-century Holland. They generated a wild, speculative rush that quickly disappeared, leaving behind nothing but pretty flowers and wrecked bank accounts.
Read more: https://www.nytimes.com/2019/04/23/technology/bitcoin-tulip-mania-internet.html?source=Snapzu

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