Not exact matches
In an appearance at a separate conference earlier in the day, Dimon said bitcoin mania is reminiscent of the
tulip bulb craze in the 17th
century.
Bitcoin is «worse than
tulip bulbs,» Dimon said, referring to the infamous speculative market for
tulips in 17th -
century Europe.
Tulip Fever A married woman in 17th
century Amsterdam and her lover stake their hopes of running away together on the city's
tulip bulb market.
Set in 17th
century Amsterdam, two lovers gamble that
tulip bulbs will finance their escape to a new life.
Trading on commodities began in Japan in the 18th
century with the trading of rice and silk, and similarly in Holland with
tulip bulbs.
Someone is going to get killed,» Dimon said, referring to the economic bubble that formed around
tulip bulbs in the 17th
century.
The People's Daily, the official newspaper of the Chinese Communist Party and the biggest newspaper group in China, recently published a piece calling bitcoin a bubble, and comparing the cryptocurrency to the 17th -
century Dutch
tulip bulb bubble., just like JP Morgan's Jamie Dimon did.