The retired head of the Dutch central bank has commented that Bitcoin is indeed a bubble, just like tulipmania, and has gone on to point out that at the end of tulipmania, after the prices collapsed, ...
Tulipmania is a famous period in the 1600s when the Netherlands was enraptured by tulip bulbs, sending their prices sky high before collapsing in a spectacular fashion. Recently, people have been ...
IN THE 1630s a sailor was thrown in a Dutch jail for eating what he thought was an onion. That onion was in fact a tulip bulb. The cost of the sailor’s gluttony was equivalent to the cost of feeding ...