Analyst: Bitcoin Should Not Be Compared to the Tulip Bubble
Jinse Finance reported that analyst Eric Balchunas pointed out that bitcoin should not be compared to the tulip bubble. Unlike tulips, which collapsed after only three years, bitcoin has existed for 17 years and has managed to recover to historical highs after 6-7 major setbacks. Although bitcoin, like gold and artwork, is a non-productive asset, it still holds value.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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