@Rasp @billstclair
What you say is not making sense. Bitcoin is “vault money”, the vault is #resilient, on many thousands of computers running #BitcoinCore software. Encryption and #ProofOfWork secure it via solving impossible to guess and very difficult problems.

On linux, the #bigtech blocker, Digital Feudalism Counter Action (DFCA), helps one avoid CAGEMAFIA-servers (ie. many banksters) while using bitcoin:
https://notabug.org/dfca/dfca

The whole #tulipMania narrative is so 2017.

Just read and enjoyed The Black Tulip by #AlexandreDumas, set in #Holland in 1672. It’s remarkably short by his standards, but I found it compelling and tightly written. The tale of a mild mannered tulip grower who gets caught in the fallout from violent real life Dutch political events (this bit is very gruesome: be warned), while trying to grow a fabled black tulip. There’s also #romance, and intrigue galore. #books #reading #fiction #Netherlands #Tulipmania #HistoricalFiction #tulips #flowers

Firing up my next fiction book. A short one but looks a good one. The Black Tulip by Alexandre Dumas, set in 17th century Holland at the time of "Tulipmania". #books #reading #fiction #fictionInTranslation #dumas #alexandreDumas #frenchLiterature #netherlands #holland #tulipmania #historicalFiction #17thCentury #17thCenturyFiction #SeventeenthCentury #SeventeenthCenturyFiction #bookstodon

Have you caught it too?

Tulipmania!

#tulips #flowers #bulbs #FlowerPhotography #gardens #spring #Tulipmania #enjoy #GrowingThings

Tulips at Mass Horticulture to brighten your day. More than 50,000 will peak over the next 10 days. #tulips #tulipmania #Mass #horticulture

Bulbs are glorious

#tulip #tulipmania #tulips #springflowers

@cstross @michael_w_busch
That's like saying the British railway mania left behind a transport backbone that has since served the public good unlike the Dutch tulip bubble, yet it was the former that bankrupted and destroyed the lives of many more people when the bubble inevitably burst
https://youtu.be/D8d6cffG5kk
#TulipMania #RailwayMania #Bubble #BoomBust

Hold my beer!

#Tomato
#TulipMania

5 biggest economic bubbles in history - Economic bubbles occur when the price of an asset, such as stocks... - https://cointelegraph.com/news/5-biggest-economic-bubbles-in-history #financialbubbles #railroadmania #tulipmania #dot-com

@TimHarford Thank you, especially for the two papers by #AndrewOdlyzko - such good reading!

#TulipMania #RailwayMania #MarketManias #stockmarket #investment #bubbles

First tulips arrived in #Vienna in 1554 Social made their presence mandatory in any garden of a rich men #Tulipmania took place in Holland around 1634
Bulbs were bought on credit hoping to sell them for profit
By 1636 transactions came to have some regulation on the #Amsterdam #StockExchange.
In 1637 Feb. prices wildy fall and there were people who could not meet their purchase commitmens
In 1638 all over #TulipMania was just a small futures market but uined people and was reflected in satirical

@sean @davidgerard I know what you mean, but—

Did you know, during World War II, tulips helped save the Dutch from starvation? "Most bulbs such as hyacinths and daffodils are toxic to humans. Tulip bulbs, however, are edible if they are carefully prepared."

The Year Tulips Saved the Dutch from Starvation - Laidback Gardener

#tulipmania
https://laidbackgardener.blog/2021/10/20/the-year-tulips-saved-the-dutch-from-starvation/

@davidgerard tulips weren't very useful either #tulipmania

‘the appetite for NFTs is so diminished that a specialized market has sprung up for collectors looking to sell off their once-valuable “digital collectibles” as tax losses to offset their income tax bills. A recently launched service, Unsellable, aims to help collectors do exactly that. Think of it as a distressed asset fire sale.’ https://www.theguardian.com/technology/2022/dec/29/unsellable-worthless-nfts-tax-write-off #NFT #NFTart #crypto #bitcoin #TulipMania #environment

As the FTX debacle has slowly revealed its salacious side, I want to remind everyone that the problems with crypto are not about a handful of bad actors in an unregulated space but a gray economy built entirely upon a Greater Fool scheme.

The Tulip Mania, by William R. Hooper

#audiobook #history #crypto #scam #tulipmania

https://youtu.be/RRjhxwByJvs

All these noobs panicking at #crypto market collapse haven't read a bit about 1927 #Marketcrash, #Tulipmania or South sea Bubble..

I am addicted to plants, and bulbs have me especially entranced. Today I planted hundreds of tulips. My back aches and fingers are chilled, but I know the wonder of what is to come from the cream-skinned, chestnut-papered knobs that I nestled into the damp, almost-winter soil.
A few treasures from past springs…

#bulbs #tulips #tulipmania #gardening #soil #flowers #payingattention

I am addicted to plants, and bulbs have me especially entranced. Today I planted hundreds of tulips. My back aches and fingers are chilled, but I know the wonder of what is to come from the cream-skinned, chestnut-papered knobs that I nestled into the damp, almost-winter soil.
A few treasures from past springs…

#bulbs #tulips #tulipmania #gardening #soil#flowers #payingattention

I know this will likely get lost in the feed, but after planting hundreds of tulips the past couple of weeks, sometimes when I'm alone I go out to my garden and cover myself with dirt and leaves and pretend I'm a tulip.
#tulipmania #gardening #gardendesigner #bulbseason

@jwildeboer @im IMHO there is a commonality between the #cryptocraze and #tulipmania: the greater fool's pricing mechanism as the speculated on goods had no real life value (or at least use case which would warrant an exorbitant price).

This holds regardless of how widespread the trade of tulip futures was or whether the subsequent depiction of this episode in Dutch history was an anti-capitalist plot of some calvinists.