"For decades, economists have pointed to 17th-century tulipmania as a warning about the perils of the free market. Writers and historians have reveled in the absurdity of the event. The incident even provides the backdrop for the new film Tulip Fever, based on a novel of the same name by Deborah Moggach.
The only problem: none of these stories are true." - Lorraine Boissoneault
What if every single time Bitcoin critics derided the Bitcoin phenomenon as nothing but market madness, a mirror of the obvious insanity of the Tulip craze in 17th century Dutch markets... what if they were actually referring to something that never really happened? What was the Tulip bubble really and was it exactly what it was made out to be? Or something far more boring?
Dont miss this excellent article from Smithsonian Mag and author Lorraine Boissoneault that digs into the truth behind the myth, and about the not so manic Tulip Mania.
Link the the original article, plus the source work by Anne Goldgar who did extensive research and found out the truth behind the myth:
https://www.smithsonianmag.com/history/there-never-was-real-tulip-fever-180964915/
https://press.uchicago.edu/ucp/books/book/chicago/T/bo5414939.html
Check out tons of other great works & discussion at BitcoinAudible.com! Search the library for any topic or work you would like to hear, including other great pieces from Erik Cason.
Don't forget your goodies from our awesome sponsors!
5% off the BitBox02 with code "GUY," your bank grade digital vault for your Bitcoin keys from Shiftcrypto.ch
And $10 in sats for FREE by starting your automatic savings plan at SwanBitcoin.com/guy
Learn more about your ad choices. Visit megaphone.fm/adchoices
---
Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message