What caused tulip mania in the 17th century in the Netherlands and how is it similar to Bitcoin?
In this episode you’ll learn:
- Why discretionary income is needed for a mania to occur.
- Why the tulip trade was one of the first futures market.
- How much were speculators paying for tulip bulbs at the top of the market.
- What was the impact of the tulip bulb crash.
- How Bitcoin is like tulipmania.