Monday, January 15, 2018

The Guys Who Give Tulips a Bad Name

Christian Day, a professor at Syracuse University law school…has written about bubbles and panics. He said that comparing Bitcoin to the tulip craze was unfair to tulips…. 
            – John Schwartz in The New York Times
Those of us who find cryptocurrency mania difficult to fathom can learn from Nellie Bowles' fascinating sketches of the young guys who are busy creating cryptocurrency investment opportunities in San Francisco.  (Not that 20-somethings appear young in that milieu. See Bowles' earlier magazine piece on the city's teenage techies.)

Worried that clients will lose their shirts on Bitcoin or alternative cryptocurrencies? Then suggest they buy a sweater for emergency use. will provide one stitched with the logo of whatever cryptocoinage they're betting on.

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