Friday, January 19, 2018

Bitcoin & Tulips

I have been, at a very low level, attending to the "Bit Coin" phenomena

As a (Self-declared) "Avocational Historian" I, most strongly, suggest that anyone considering involvement in that movement (Or, wondering if s/he should leave it) consider the "Tulip Mania" (About which information can be found on any, general-knowledge) search engine.

The thinking investor or other person might also look up "The South Sea Bubble" and "Ponzi Scheme" for other, possible, parallels.

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