what is key differences between Bitcoin and tulip bubble

[CryptoHeadlineNews]

As per my understanding. there are major differences between bitcoin tech and tulip mania. Some people still asking bitcoin is the same as the tulip bumble. Tulip is a non-tech bubble and BTC is a tech bubble.

I still find it difficult to believe that someone could get up one morning and all he/she could think up is to compare Bitcoin with an ordinary flowere.. It is quite funny, but i'm not surprised as this is not the first time someone comparing Bitcoin to something else. However, i just made my little research about this and i was able to realize that "tulip bubble" was a flower own mostly by thr rich people back in the days, of which it wasn't always that common due to its beauty and fragrance, unlike Bitcoin,
a decentralized digital currency, borderless and independent on its own.

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[Renampun]

I'm funny to see that there are still people who equate the tulip bubble with bitcoin. The Tulip Buble occurred in the Netherlands several decades ago and it was caused by the excessive FOMO that a few people did to profit from the sale of tulips.
bitcoin is much different, bitcoin is a cryptocurrency that you can use for anything (investment or payment) depending on your wishes. so we have to stop the narrative of people who always link the tulip bubble with bitcoin.

[wxa7115]

Actually Bitcoin and Tulip are completely different thing, it doesn't make sense to compare both of them. Don't compare an apple with a shoes, you need to compare an apple with an apple too. Tulip was expensive because not everyone know Tulip and it's been used for speculation, while Bitcoin, everyone almost know about it, but some people still not want to try to buy Bitcoin.

Bitcoin wouldn't crash and become worthless, if anyone ever predict Bitcoin would worth $0 in the future, it's a people who doesn't anything about Bitcoin.

Dishonest economists compare bitcoin to the tulip mania that happened hundreds of years ago, with this in mind it is important to have some arguments ready in the case someone mentions something like this to you.

So I think the points the OP bring are valid, even if they are very obvious for us we must remember that not every other person is as informed as us about bitcoin, the economy in general and history, so while those economists can easily deceive the average Joe we can always present our case in the case they ask us about this specific topic.

[Hispo]

The Tulip bubble happened because of the pure speculation and the assumed over estimated value of flower bulbs, which only served as ornaments.
On the other hand, I believe Bitcoin has properties which makes it value: can't be censored, it is scarce  and it is not only accepted as a valued assets in one country or collection of countries but around the whole planet.

The fact it cant be shut down by any government or company should be enough to make it valuable and desirable as currency, in the end, currency should not be censored for political reason, for example, and Bitcoin solves it.

Also, it is worth noticing the huge liquidity Bitcoin has nowadays, which is something those tulips did not have back in the day.

[Poker Player]

The only difference is with Tulip bulbs you had something tangible. With Bitcoin you get 7 Tx/s and you are screwed-a-roo.

I don't know if you mean the shitty altcoins you promote and your scams are more tangible?

"I knew Satoshi Nakamoto. Satoshi Nakamoto was a friend of mine. And you Sir are no Satoshi Nakamoto."

https://p2pfoundation.ning.com/friends/SatoshiNakamoto

You added yourself years after Satoshi was no longer active: https://web.archive.org/web/20141022054522/https://p2pfoundation.ning.com/friends/SatoshiNakamoto

It looks like you created your account in March 2014 and the first thing you did was leave a comment promoting a shitty altcoin on a more than five year old post by Satoshi.

Bitcoin certainly has nothing to do with tulips or your scams. As a means of payment in terms of speed, as you point out, it is not the best, but that is what second layer solutions are for. Otherwise, it is the best invention for storing and transferring wealth.

[bitgolden]

One of them happened nearly 400-500 years ago? That is a good enough difference believe me, I understand that you may think that this doesn't matter, but time definitely matters.

Plus, if we look at it logically, tulips are things that are cheap, and it was cheap back in the day as well, for the ottomans who brought the tulips to Netherlands it was cheap, but it wasn't cheap only in Netherlands because they didn't harvested it yet, so for the short period when it really worth something, people sold it for a lot, instead of farm it, but when it started to drop in price just a bit, they bought a few and farmed it and dropped the value a ton. Bitcoin cannot be used like that, or farmed that way.

[kro55]

For a simple comparison, let's consider the utility of both. As for tulips, besides being used as a decoration, it has no utility anymore. As for bitcoin, you see, it has a technology that many industries and companies are starting to adopt today, which is blockchain. In addition, bitcoin is not only an investment to earn profit but bitcoin can become a means of cross-border payment with just a few taps, the biggest utility that bitcoin gives us is becoming its own bank. Don't just compare bitcoins and tulips but try to find today's assets like gold, diamonds, fiat...Is there any asset as many utilities and features as bitcoin? definitely not, that's what makes bitcoin different.