This is a tee shirt design that truly shows my sense of humor. Historical, contrarian, mocking, and accurate.
Everywhere you look folks are talking about cryptocurrency. Somehow it is supposed to replace fiat currency….when it is another type of fiat currency.
Well technically it is, because fiat currency is government issued. But that is the only difference. It is still only a financial place marker that has value strictly because someone else says it does.
More importantly, no currency will ‘take over’ markets until the IMF backs it. This goes for: Ethereum, Litecoin, Cardano, Polkadot, Bitcoin Cash, Stellar, Chainlink, Binance Coin, Tether, Monero, Dogecoin, or any of the other 4000 or so digital currencies currently out there. The IMF will do whatever is necessary to maintain control of the world money supply.
That said, I should point out that I think block chain is amazing technology and I am happy that this tulip market is funding its research and expansion.
Speaking of tulip markets, that is the subject of the shirt and the joke I made about crypto currency.
To tell you the truth, when I came up with it I was more than a little disappointed that no one had created an actual coin under this moniker. It’s perfect.
For those that don’t understand the reference. Tulips were the original market bubble. Tulip Mania in the early 1600’s.
A combination of market forces, led by the insanity and obsessive compulsive behavior of humans; caused a market bubble of epic proportions in Holland. At its height you could literally buy homes with the flower right bulbs. It of course did what all bubbles eventually do and popped, making a mess of the economy.
The parallels aren’t 100% (some of the currencies are behaving less radically than others), but they are accurate enough to make this shirt funny as hell.