Swan BitcoinHome

Is Bitcoin Like the Dutch Tulip Bubble?

Posted 2/27/20 by Yan Pritzker

If you could use tulips to transmit value across the globe instantly to anyone in any country regard­less of whether they had a functioning govern­ment or banking system.

If the govern­ment couldn’t come to your door and take away your tulips or control who you could sell them to or in what ways.

If tulips could last for hundreds of years or millennia and be handed down to your children and then redeemed for other forms of value.

If you could hide tulips in your brain and walk out of a failing nation holding all your wealth in your head without anyone being the wiser.

If you could program tulips to require autho­riza­tion from multiple parties before they could be passed on in a way that was completely unbreakable.

If it was impos­sible to grow inferior malnour­ished tulips by skimping on nutri­ents and sell them like the real deal.

If each tulip carried inscribed on its petals its entire unforge­able history of ownership.

If someone couldn’t invent a superior way to produce tulips and flood the market to crash the price.

Then yes, Bitcoin is just like Dutch tulip bubble.

This blog offers thoughts and opinions on Bitcoin from the Swan Bitcoin team and friends. Swan Bitcoin is the easiest way to buy Bitcoin using your bank account automatically every week or month, starting with as little as $10. Sign up or learn more here.

Yan Pritzker

Yan Pritzker

Yan Pritzker is the co-founder and CTO of Swan Bitcoin, the best place to buy Bitcoin with easy recurring purchases straight from your bank account. Yan is also the author of Inventing Bitcoin, a quick guide to why Bitcoin was invented and how it works.[

More from Swan Signal

Thoughts on Bitcoin from the Swan team and friends.

My Path Towards Bitcoin

By Stephanie Sprague

There’s an insatiable need to know more and to be certain in the Infor­ma­tion Age. I hear a lot of people say they don’t know enough to buy Bitcoin. With this kind of thinking no one would’ve ever shared personal details on Facebook or banked electronically. 

Read More

The ideal state for the bitcoin network in the future is to reach equilib­rium in the fee market such that blocks are consis­tently full, mostly with large trans­ac­tions, and fees are substan­tial in absolute terms but low in percentage-of-value terms.

Read More

The Internet of Money transcending borders protects people of all nations from resource wars, exploita­tion and dicta­tor­ship. Bitcoin surrounding us every­where 247 can guard us against hyper­in­fla­tion, theft and wealth confis­ca­tion, helping us steward this precious planet for the Seven Gener­a­tions to come.

Read More

Join our mailing list to receive new articles from the Swan Signal

Swan Bitcoin
© 2021 Swan Bitcoin

Electric Solidus LLC
26565 Agoura Rd Ste 200
Calabasas, CA USA
hello@swanbitcoin.com
+1.218.379.7926
© 2021 Swan Bitcoin

Electric Solidus LLC
26565 Agoura Rd Ste 200
Calabasas, CA USA
hello@swanbitcoin.com
+1.218.379.7926
Swan Bitcoin does not provide any investment, financial, tax, legal or other professional advice. We recommend that you consult with financial and tax advisors to understand the risks and consequences of buying, selling and holding Bitcoin.