The point is, comparing things/events from the past to one of current time (and the future), which are not even very similar, is just wrong in most cases.
I mean: Tulips? REALLY?!
EDIT: Bitcoin is the first real counterweight for fiat money. How can somebody, even a so called "expert" even compare this to the irregularly crazy tulip mania?
Stupid questions: I've always wondered... How did the owners keep their tulips in good condition? Weren't they worried that they may dry out and die? How long can a tulip even last?
I would be very worried if I had to take care of my Bitcoins like plants. You know, water them, get them out in the sun, protect them from pests, feed them with nutrients... Hard work! Fortunately, my Trezor and/or paper seed backups don't need anything to survive, not even power. Maintenance-free forever!
Maybe a tuliptologist has an answer for this. But onions for example hold also a long time if proper stored... I think...
... tulips garlic and onions all have bulbs that are perennial. Garlic and onions are alliums and the dried bulbs can last 12-18 months at the extreme in perfect storage conditions.
... the tulib bulb mania was to do with the speculative frenzy that came about when derivatives were invented to hedge/gamble on which bulbs would be in fashion for the next growing season.
tulip flowers produce new bulbs at their base at the end of the flowering season and there is always, still today, a robust fluctuating market in different bulbs based on the colours, stripes, size, etc of the flowers .... a lot like shitcoins
someone figured out how to sell futures on rare fashionable tulip bulbs around the same time there was a general speculative mania in dutch coffee houses share trading from governments creating easy free money while experimenting with fiat money ... sound familiar?