Oddbean new post about | logout
 Oh boy, are we back to equating Bitcoin to tulips again? Fiat is the bubble, and Bitcoin adoption is proof that it is popping.

https://i.nostr.build/QVAYReG8402JJ6uU.jpg 
 True but it sounds like this person is trolling about how we should be headed to 750k lol 
 I get the point, but its the totally wrong frame. He is saying bitcoin is a bubble, but don't worry, its way too early for it to pop. 
 Always has been 🧑‍🚀🔫🧑‍🚀 
 https://i.nostr.build/y7ORaajbMFVNZowZ.jpg


nostr:nevent1qqsrprc0upgn0trcdtkutkhzhygl72mlc00g7eg5j53cf36pfae8kvqpr4mhxue69uhkummnw3ezucnfw33k76twv4ezuum0vd5kzmp0qgsryzfwcx393j0jcydf5ka48vf8egsfg8ccq0wh7ec4q58l360azwsrqsqqqqqplvwewf 
 I've never noticed anyone making the tulip mania comparison bother to mention that it only survived for like 2-3 years... at a time when it's not like communication channels were able to spread price signals quickly... and arguably only at a manic level for like 1 winter... 
 the difference is that the tulips were never a cureency, always an asset, bitcoin is not an asset, it's a currency