Why did Bitcoin fail?
>>61234496do people unironically believe that ever happened?
because um i can't touch it, unlike gold and tuli-oops
>>61234496why is OP a flaming faggot?
>>61234496why did gold and the dollar failed?
>>61234522Tulip mania got disproved, it wasn’t the tulip themselves that were valuable, it was the rare mutations. It wasn’t also concentrated and didn’t impact the broader sector.
>>61234607Now this is cope
>>61234607Partly this, but the main issue was that the nobility had fucked up their finances and pressured parliament to bail them out by fundamentally changing contract law to favor the nobility -- commodities contracts for delivering tulip bulbs to the nobility were suddenly forced to be options contracts that the nobility could refuse to exercise, meaning no more money going to the farmers who had just wasted a year of their time growing tulip bulbs.This caused a massive disruption in the marketplace, which is what triggered the bubble.>>61235004It really isn't. Go read some actual history books about it.Also, 99% of the stories that have gotten passed down were just propaganda written by Calvinist Christians to try to make "vanity" (i.e., buying flowers to make your home look pretty) sound like a horrible sin. So they wrote tales of people going bankrupt, people paying more for a bulb than for a house, merchants whipping one of their workers for eating a tulip bulb by mistake, and so on.
>>61234496one of the funniest things about crypto is how it unmasked various jewish-coded stories along the waythis fake story being one of em
>tulip mania lasted a year, if that>once it crashed, it never came back unlike bitcoin>tulips are infinite, bitcoin isn’tBitcoin is currently at $110k
