The knots vs Core debate continues as I break down some of the issues on @WorldCryptoNet with @MadBitcoins 😎🤕💭
https://www.youtube.com/live/RSLHr8ICGI8
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Bitcoin & War: Approaching The Endgame.
From Battles to Blockchains: How War, Money and Bitcoin Collide.
Watch my eye-opening talk from @MallorcaBCDays
#Bitcoin #centralbanks #financialfreedom
Tulip Mania to Bitcoin!
Since Bitcoin’s inception, it has frequently drawn comparisons to the Tulip Mania of the 17th century, where the price of tulip bulbs skyrocketed and then crashed dramatically. While Bitcoin has experienced similar surges and declines, its resilience over 15 years sets it apart from the short-lived Tulip Bubble. This essay explores the historical context of financial bubbles, the evolution of legal and economic structures, and the unique characteristics of Bitcoin that differentiate it from past speculative frenzies. By examining the encoded rules of Bitcoin and its resistance to governmental manipulation, we uncover why Bitcoin is poised to be a revolutionary asset in the financial world.
Satoshi's Page
Bitcoin & The Tulip Bubble
Compare Bitcoin and the Tulip Mania, explore financial bubbles, and discover why Bitcoin's resilience sets it apart in this concise analysis.
To read more here is my latest newsletter - Bitcoin & The Tulip Bubble... 🌷🫧
Satoshi's Page
Bitcoin & The Tulip Bubble
Compare Bitcoin and the Tulip Mania, explore financial bubbles, and discover why Bitcoin's resilience sets it apart in this concise analysis.
10. 🌍 While Bitcoin may experience 'bubbles,' its global protocol and resistance to government control offer immense long-term value. It’s a reminder that fixing money is just the start of broader financial reforms. #BitcoinFuture #FinancialRevolution
9. 🔍 Bitcoin’s rules are encoded on the Blockchain, making them resistant to manipulation. Unlike fiat money, Bitcoin's value isn't at the mercy of government decisions, providing a stable foundation. #Blockchain #CryptoStability
8. ⚖️ The 1720 Bubble Act restricted joint stock companies to those with royal charters, aiming to prevent financial chaos. This act was a response to the destructive potential of unchecked financial innovation. #BubbleAct
7. 🇳🇱 The aftermath of the Tulip Bubble saw the establishment of the Bank of England and similar financial schemes in France, leading to further bubbles like the South Sea and Mississippi Bubbles. #FinancialBubbles
6. 📉 The Tulip Bubble burst when buyers refused to honor inflated contracts, and the Dutch government allowed conversions to cheaper options, causing a market collapse. #MarketCollapse
5.💡 Corruption in the 1600s and 1700s exploited innovations like contracts. The Tulip Bubble was a result of such exploitation, where speculative trading on future prices led to a financial frenzy. #TulipMania
4. 📜 The concept of 'contracts' was key in the 1600s, revolutionizing financial agreements and boosting economic activity. This laid the groundwork for the speculative trading that caused the Tulip Bubble. #FinancialHist
3. 🏛 To understand Bitcoin’s resilience, we need to delve into the history of money and the legal structures surrounding it. Government rules and fiat money have fueled societal mechanisms for 300+ years. #MoneyHistory
2. 🌷 The Tulip Bubble lasted only three years, collapsing completely. In contrast, Bitcoin's price reductions, though dramatic, never fall far below previous highs and often rise again. #BitcoinVsTulips
1. 📈 Since its inception, #Bitcoin has often been compared to the Tulip Mania of the 1600s. Both saw massive surges and dramatic collapses in value, but Bitcoin has shown greater resilience over 15 years. #Crypto #Economics 🧵
🔍 Curious about the origins of financial bubbles? Check out our latest video on the fascinating
journey from tulips to Bitcoin! #Finance #CryptoHistory
💡 Henry VIII, Tulip Mania, South Sea Bubble – understand their impact on today’s money.
Watch our new video! #History #Economics