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RE: 6 reasons why Bitcoin can't be compared with the 'Tulip Mania'

in #bitcoin7 years ago
  1. Tulips die!

The bulb is still there. So, the bulb can be used to create a similar flower of the same value. If the bulb created a rare tulip, then it would be more valuable than another bulb, storing its value for seasons to come.

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The rare tulips were not genetically inheritable because the patterns were caused by a virus which affected each tulip in different ways.

But, the initial bulb, not the ones that grow out of it, wouldn't they still grow that flower again the next season?

Yes, but the flowers weakened severely after the first season. You could grow a second flower but they would be wilted due to rapid genetic deterioration.

The virus also weakens the bulb and retards the plant's propagation through offset growths; as it progresses through each generation the bulb grows stunted and weak. Eventually it has no strength to flower, and either breaks apart or withers away, ending the genetic line. For this reason the most famous examples of tulips from color broken bulbs – the Semper Augustus and the Viceroy – no longer exist.