Recent opinion pieces have drawn parallels between bitcoin and tulips because of the speculative frenzy surrounding the latter in the 1600s. I explain why those comparisons are unfair and why analyzing bitcoin solely as a store of value misses the point entirely. Bitcoin Is Not a Digital Tulip, Even if the NGU Thesis Has Stalled []
Recent opinion pieces have drawn parallels between bitcoin and tulips because of the speculative frenzy surrounding the latter in the 1600s. I explain why those comparisons are unfair and why analyzing bitcoin solely as a store of value misses the point entirely. Bitcoin Is Not a Digital Tulip, Even if the NGU Thesis Has Stalled []
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