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Posted by dotcoma 4 hours ago

Tulip mania: when a single flower was worth more than a house (2025)(dutchreview.com)
82 points | 73 commentspage 2
baobabKoodaa 2 hours ago|
Subject is very interesting but this article does a poor job exploring it
Bengalilol 3 hours ago||
For a wider context, if needed: <https://en.wikipedia.org/wiki/Extraordinary_Popular_Delusion...>
jpmattia 2 hours ago|
Manias, Panics, and Crashes by Charles Kindleberger is a more modern book, which I'd recommend as well.
expedition32 1 hour ago||
It's funny to me as a Dutch citizen that all of our cultural heritage comes from abroad. Even cheese was apparently invented on the Asian steppes.
ck2 2 hours ago||
ah there's a good term

so "AI" mania ("AI" derangement syndrome?)

when ram and storage starts to cost as much as rent or a car eventually

now we just wait for the bubble collapse and lots of cheap hardware even if slightly used

PunchyHamster 1 hour ago|
sadly the AI it produces despise the overhype is still way more useful than tulips. I don't think bubble burst would get us to RAM prices pre-boom for a while
rvz 2 hours ago||
Now we have startups that have 0 revenue, 0 product and 0 cash flow now somehow being worth over a billion which is more than mansions.
andsoitis 2 hours ago|
> we have startups that have 0 revenue, 0 product and 0 cash flow now somehow being worth over a billion

What is one such example?

rvz 1 hour ago||
Many such prominent examples such as Thinking Machines, SSI and AMI Labs and many others like them.

Of course, the only reason for this 'valuation' is because of the founding team but that is just not enough.

This is still a crystal clear bubble.

hodder 2 hours ago||
We do this now with something even less intrinsically valuable than tulips: BTC.

It all just comes down to supply and demand.

ACV001 3 hours ago|
Similar articles in the future. "Bitcoin mania: when a single bitcoin was worth more than a house"
toenail 2 hours ago||
Similar articles from the past: "Bitcoin mania: when a single bitcoin was worth more than a pizza"
gosub100 2 hours ago|||
Bored ape
irishcoffee 3 hours ago||
It feels so much worse to me. You could at least hold a tulip bulb, plant it, look at it, smell it, and it was a real thing.

The closest you can get to that with bitcoin would be what? Print out your keypair? Maybe write it down on fancy stationary using fancy calligraphy? (Never do these things)

tempoponet 1 hour ago|||
- You can send any amount of money to anyone in the world very quickly and cheaply, and nobody can stop you.

- No government can dilute it or limit its supply.

Stuff like that. Maybe that matters to you, maybe not, but BTC was created because that didn't exist. And even if you don't use it, you're living in a world where financial institutions have to live alongside an alternative that does these things, for whatever that's worth.

zulux 3 hours ago|||
Convert it to drugs. With the right combination, you can talk to Mr. Bitcoin.