Sure, bitcoin and tulips don't generate cash flow. Neither does gold. Or a Picasso hanging on a museum wall. Or those rare stamps collectors pay fortunes for. You gonna call those tulips too?

Not every asset needs to pump out dividends or earnings to hold value. That's just one lens. Here's the thing about the tulip comparison everyone loves to throw around: tulips had one story. Hype. Mania. Crash. Done. That's literally the entire arc.

Bitcoin? Different game. It's survived multiple cycles, regulatory battles, institutional adoption waves, network upgrades. The resilience alone separates it from a flower that had one spectacular blow-off top and vanished from relevance. Non-productive doesn't mean worthless. Scarcity, demand, belief systems—they all create value. Always have.