Where were tulips once used as a form of money?

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2026-02-08 09:40

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Tulips were once used as a form of money in the Netherlands during the 17th century, particularly during the period known as "Tulip Mania." This phenomenon saw the prices of tulip bulbs skyrocket, with some rare varieties fetching exorbitant sums. People began trading tulips as a speculative investment, leading to a form of currency based on their value. Eventually, the bubble burst, resulting in significant financial losses for many investors.

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