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People often say that Bitcoin is Tulip 2.0, but this analogy doesn't hold up.
The essence of Bitcoin is not a speculative game, but a collective choice made by global institutions and "smart money" to solve the problem of wealth storage. Just as Google monopolized search and English became an international language, it has secured its position through market competition — this is not a bubble, but a victory of network effects.
More importantly, there is physical world energy backing it. Behind Bitcoin, there is computing power equivalent to 20 nuclear reactors operating, which means it is not an intangible digital asset but has real costs and defensive capabilities. This mechanism makes it more like a "currency union" armed with cryptography — destroying it would be prohibitively expensive.
So, while tulips can crash to zero overnight, Bitcoin continues to confirm its value cycle after cycle. That is the key difference. $BTC