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A review by martijnreintjes
Tulipomania: The Story of the World's Most Coveted Flower & the Extraordinary Passions It Aroused by Mike Dash
5.0
I love the insane history of the Tulpomania in 17th century Holland.
I reread this book this year as I wanted to see if there where any real parallels with the Bitcoin craze nowadays. All the media tout that there is, but I found very little comparison.
Although in both cases people are blinded by greed and easy money, the circumstances and severity seems to be a lot different. Back then, the people didn't understand markets and they went all in. Right now, I believe most people understand that Crypto is super risky and understand that they should be a bit careful.
I reread this book this year as I wanted to see if there where any real parallels with the Bitcoin craze nowadays. All the media tout that there is, but I found very little comparison.
Although in both cases people are blinded by greed and easy money, the circumstances and severity seems to be a lot different. Back then, the people didn't understand markets and they went all in. Right now, I believe most people understand that Crypto is super risky and understand that they should be a bit careful.