@cryptomigi
In 1600s Europe, expeditions were bringing back all kinds of exotic goods.
Among them were Tulips, a beautiful, color changing flower that quickly caught the attention of *mostly the wealthy...
The rarity and mysterious beauty of the Tulip turned them into a status symbol.
Prices soared and then people weren’t just buying flowers again.
They started speculating on them just like an asset. And was priced at ridiculous prices.
It’s funny how little we’ve changed. Even after all this century.