Bitcoin Versus The Great Financial Bubbles Of The Past


In times of extreme fear, uncertainty and doubt (FUD), Bitcoiners need FUD-busting.

In 1710, almost a decade before the South Sea Bubble in England and the Mississippi Bubble in France, the essayist and author Jonathan Swift wrote the following iconic lines, echoed by many of history’s most famous writers, about truth and lies and their effects:

“… it often happens, that if a lie be believed only for an hour, it has done its work, and there is no further occasion for it. Falsehood flies, and truth comes limping after it; so that when men come to be undeceived, it is too late, the jest is over, and the tale has had its effect.”



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