Is Bitcoin a Modern-Day Tulip Mania? Preview. 2017-12-15

Published: Dec. 15, 2017, 8 a.m.

b'Demelza Hays, a cryptocurrency researcher at Incrementum and the co-author of their inaugural Crypto Research Report (click here for pdf), discusses comparisons between bitcoin and the 17thcentury tulip mania in terms of price, novelty, economic impact, and, most importantly, technological innovation. Demelza also discusses the total number and different types of cryptocurrencies available (Ethereum, Bitcoin, Bitcoin Cash, Ripple, Dash, Litecoin, and others), their attempts to each solve a unique problem using blockchain (distributed ledger) technology, concerns over energy consumption, and much more.'