steve_bank
Diabetic retinopathy and poor eyesight. Typos ...
Dude, blow it out your butt. One of the alleged selling points for crypto was traceable transactions. Criminals could not be able to hide trasactions and launder money. Opps, missed it on that one.
Peole have lost thoisands of daollrs in scams. So far crypto has shown no benifit at all, other than profits for a few.
Complexity in technology related to crypto currency is a serious hazard. Complexity in technology I know. Unforseen comsequnces.
Some people are emotionally addicted to technology and live on the fascination.
The value of crypto is only what somebody is willing to pay for it. Like Pet Rocks.
Peole have lost thoisands of daollrs in scams. So far crypto has shown no benifit at all, other than profits for a few.
Complexity in technology related to crypto currency is a serious hazard. Complexity in technology I know. Unforseen comsequnces.
Some people are emotionally addicted to technology and live on the fascination.
The value of crypto is only what somebody is willing to pay for it. Like Pet Rocks.
Tulip mania - Wikipedia
en.wikipedia.org
The Dutch tulip business
From about the early 1600s to about the mid-18th century, the Dutch Republic's economic, business and financial systems were the most advanced and sophisticated ever seen in history.[18][19][20][21][22][23] In its Golden Age, the Dutch Republic was responsible for many pioneering innovations in economic, business and financial history of the world,[24] like the first well-recorded asset price bubble in history (in the 1630s), early stock market bubbles and crashes had their roots in socio-politico-economic activities of the 17th-century Dutch Republic (the birthplace of the world's first formal stock exchange and stock market),[25][21][26][27] the Dutch East India Company (the world's first formally listed public company) and the Dutch West India Company, in particular.
The introduction of the tulip to Europe is often questionably attributed to Ogier de Busbecq, the ambassador of Ferdinand I, Holy Roman Emperor, to the Sultan of Turkey, who sent the first tulip bulbs and seeds to Vienna in 1554 from the Ottoman Empire.[28][29] Tulip bulbs, along with other new plant life like potatoes, peppers, tomatoes and other vegetables, came to Europe in the 16th century.[30] These bulbs were soon distributed from Vienna to Augsburg, Antwerp and Amsterdam.[31] Their popularity and cultivation in the United Provinces (now the Netherlands)[32] is generally thought to have started in earnest around 1593 after the Southern Netherlandish botanist Carolus Clusius had taken up a post at the University of Leiden and established the hortus academicus.[33] He planted his collection of tulip bulbs and found that they were able to tolerate the harsher conditions of the Low Countries;[34] shortly thereafter, the tulip began to grow in popularity.[35]
The tulip was different from other flowers known to Europe at that time, because of its intense saturated petal colour. The appearance of the nonpareil tulip as a status symbol coincides with the rise of newly independent Holland's trade fortunes. No longer the Spanish Netherlands, its economic resources could now be channelled into commerce and the country embarked on its Golden Age. Amsterdam merchants were at the centre of the lucrative East Indies trade, where one voyage could yield profits of 400%.[36]
As a result, tulips rapidly became a coveted luxury item, and a profusion of varieties followed. They were classified in groups: the single-hued tulips of red, yellow, or white were known as Couleren; the multicolored Rosen (white streaks on a red or pink background); Violetten (white streaks on a purple or lilac background); and the rarest of all, the Bizarden (Bizarres), (yellow or white streaks on a red, brown or purple background).[37] The multicolour effects of intricate lines and flame-like streaks on the petals were vivid and spectacular, making the bulbs that produced these even more exotic-looking plants highly sought-after. It is now known that this effect is due to the bulbs being infected with a type of tulip-specific mosaic virus, known as the "tulip breaking virus", so called because it "breaks" the one petal colour into two or more.[38][39]
Growers named their new varieties with exalted titles. Many early forms were prefixed Admirael ("admiral"), often combined with the growers' names: Admirael van der Eijck, for example, was perhaps the most highly regarded of about fifty so named. Generael ("general") was another prefix used for around thirty varieties. Later varieties were given even more extravagant names, derived from Alexander the Great or Scipio, or even "Admiral of Admirals" and "General of Generals". Naming could be haphazard and varieties highly variable in quality.[40] Most of these varieties have now died out.[41]