Georg Brameshuber, a crypto advisor, has expressed skepticism about the historical "tulipmania" crash, describing it as more "moralist propaganda" than an economic fact. He suggested that today's crypto skeptics exhibit a similar "fear of innovation." Brameshuber made these remarks in a January 29 post on X.
"The 'tulipmania' crash never happened the way Europe believes," said Brameshuber. "The myth was moralist propaganda, not economic reality. Sound familiar? Today's crypto skeptics use the same playbook. Fear of innovation disguised as cautionary tales. History shows the real bubble is the one built on misunderstanding."
Member of the European Parliament Stefan Berger emphasized the importance of Europe remaining competitive in the fields of stablecoins and innovation. "One thing is clear: Europe must not be left behind and should be an attractive hub for innovation," he said in a post on X. Berger also advocated for the European Union to appoint a dedicated cryptocurrency representative, saying, "The EU needs a crypto representative." His comments followed former U.S. President Donald Trump's appointment of Sacks as the White House Artificial Intelligence and Crypto Czar, according to Crypto Republique.
Georg Brameshuber's post
| X
According to Reuters, U.S. President Donald Trump has ordered the establishment of a cryptocurrency working group tasked with proposing new regulations and exploring the creation of a national crypto stockpile. The executive action also aims to protect banking services for crypto companies while banning U.S. central bank digital currencies that could compete with existing cryptocurrencies. Additionally, the U.S. Securities and Exchange Commission (SEC) reversed costly accounting guidance for companies holding crypto assets on behalf of third parties.
Marina Markezic, director and co-founder of the European Crypto Initiative (EUCI), noted potential challenges posed by new regulations under Markets in Crypto-Assets (MiCA) and Anti-Money Laundering (AML) laws. She mentioned that compliance obligations could make developing certain crypto products "riskier." While these laws have been officially adopted, she highlighted that not all are viewed as "legitimate" by the crypto community, reflecting concerns over their impact on industry growth, innovation, and decentralized principles.
Brameshuber is also recognized as the co-founder of Validvent and serves as a board member of the Digital Asset Association Austria (DAAA). With credentials as a certified tax advisor and Web3 entrepreneur, he brings five years of experience researching and teaching crypto economics at the University of Vienna. According to his LinkedIn page, Brameshuber provides advisory services on crypto tax and digital assets taxation and offers consulting for Web3 startups.
