TULIPMANIAC (noun) Tiresome TV-pundit, media-victim or Twitter
troll who barely understands Bitcoin and thinks that a blockchain is a part of a bicycle. Thinks that a
six-month speculative
bubble nearly 400 years ago involving a flower is somehow comparable to the greatest paradigm shifting technology since the invention of the
wheel. Tulipmaniacs tend to fall into several categories:
1) Aging computer illiterates and
tech luddites (often with PhDs) unable to retire due to their dismal investment track record.
2) The cretinized bison who graze upon mainstream media foder, whose research into Bitcoin, at best, stretches to a twenty-second glance at the opening paragraph of ‘Speculative
Bubbles’ in
Wikipedia, subsequently rehashed a million times in comments sections or on social media.
3) Dullard TV presenters and dollar lobbyists suffering from Stockholm syndrome who genuinely believe in a monetary system that is simultaneously fleecing them with currency debasement, NIRP and hefty fees.
4) Nocoiners.
Tulipmaniacs tend to be snivelling paupers. They
may live off either FED stimulus or be paid by media groups in turn funded by dodgy right-wing oligarchs. They are tenacious weeds that will cling to a flower (or the US dollar) even when it’s on an exponential downward death spiral.
