Remember when you are arguing with fiat maximalists, there never was a tulip fever.
Hat tip: #[0]
https://www.smithsonianmag.com/history/there-never-was-real-tulip-fever-180964915/
Discussion
I want to grow tulips for the fud reference, but unfortunately I live in the tropics where stuff just keeps growing. Like Bitcoin
The tulips thing appears to be one of Fiat's founding myths
In fairness, if you read this article it does say that the tulip market did indeed fall apart and that tulip traders got rekt. But it didn’t cause a full economic collapse like the rumors say. Still some parallels to the broader crypto space that are worth paying attention to.
Take it from a guy who paid $200 for the jpeg of a duck smoking a cigarette in his PFP.