It wasn't all that long ago people would hoard coins in piggy banks and commercial banks paid substantial competitive interest to entice savers to deposit your wads of notes with them.
People and banks not only wanted fiat cash, but they wanted to cling on to it, as it was perceived as being scarce and valuable.... just like tulips.????
These days.. no one wants to hold on to or lock cash up for any considerable period.
In fact.., everyone wants to exchange it for something that they perceive as better value or that will hold value for longer.
The crypto community isn't unique in this regard... no one actually wants to hold on to wads of cash anymore.
People would rather exchange it for property, stock, precious metals, crypto etc etc.
Our strategy of wealth preservation isn't the exception, it's the norm.
The biggest plot twist for all those crypto cynics calling Bitcoin the tulips and tulip mania.. is when they finally wake up to the fact that tulips of the modern era is in fact fiat currency.
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