bls#Bitcoin is like #TulipMania only more stupid and with larger consequences π³
Davva@peter
From 1634 to 2026... The story may be different but the plot remains the same #TulipMania
https://en.wikipedia.org/wiki/Tulip_mania
Liam O'Mara IV, PhDDuring the 17th c. #DutchGoldenAge, the #Netherlands had the highest per-capita income and pioneered many of #capitalism's features. #TulipMania, the first major #FinancialBubble, popped on #ThisDayInHistory in 1637, but had little effect on the economy unlike many later bubbles.
Don Curren π¨π¦πΊπ¦1 I wonder if 500 years from now the #AIbubble wonβt look uncannily similar to #Tulipmania: massive over-investment in a marginal asset with some intrinsic value, but not nearly enough to justify the degree of #overvaluation during the inflation of the #bubble. π§΅
Philip RowlandsI'm honestly starting to think these CEOs have a single shared brain cell among them. It would explain a lot.
https://www.techspot.com/news/110653-most-ceos-ready-spend-even-more-ai-2026.html
Jonathan EmmesediI knew about the Turks and tulips, and I also knew, or at least thought I knew, about the Dutch and "tulip mania".
What I did not know about was the Flemish connection. In addition, I was only vaguely aware of how serious researchers have cut the "tulip mania" legend down to size.
https://www.bl.uk/stories/blogs/posts/tulips-dutch-turkish-or-flemish
#Tulips #TulipMania #Netherlands #Ottoman #EarlyModern #History
πͺπΊ Paul Schoonhoven ππ@georgetakei I just explained to someone again #TulipMania.
https://en.wikipedia.org/wiki/Tulip_mania
I don't know why it crossed our minds.
π
PugJesusTULIPMANIA LET'S GOOOOOO
https://piefed.social/c/historymemes/p/1490755/tulipmania-let-s-goooooo
C.#Nvidia has announced that attendees of its next Investor Day will all receive a bag of tulip bulbs.
#tulips #bulbs #TulipBulbs #bubble #TulipMania #irrational #investors
Simon Zerafa (Status: 
π)RE: https://mastodon.social/@gwynnion/115510624558157822
Looks like the bubble is about to pop, or at least deflate while making a high pitched squeaky noise.
The fascist techbros watch in horror as their inflated stock valuations and unrealistic so called AI exaggerations evaporate like an LLM generated hallucination π€π€¦ββοΈ