In 1594, tulips were introduced to the Netherlands. Due to their unique and beautiful appearance, they gained the favor of the Dutch royal family and were monopolized, leading to a scarcity of tulips. Later, they spread among the common people and, through artificial cultivation, caused a worldwide sensation, sparking a rush to buy and skyrocketing prices, which even caused a sensation across Europe and the Americas. Large amounts of capital flooded into speculation, culminating in a crash in 1637 after nearly 40 years. Watching the history of cryptocurrency speculation, it is similar to tulips in the Netherlands, and even surpasses it. Tulips take 5-7 years of cultivation to bloom beautifully, while simply creating a name for a cryptocurrency can attract retail investors new to the market—merely designating a bunch of air as a certain coin. The madness is a thousand times, ten thousand times crazier than tulips.