Dick Cuckerson mmt/acc
@DickCuckersonJournalist, financial analyst, economist. Exploring #MMT & dabbling in #Marxism (just the good parts!). Editor at The Ecommunist: https://t.co/Ts2Cnqm1nO
My latest piece >> In Debt We Trust: The Unsung Virtues of Deficits and Debt Support real journalism by subscribing to The Ecommunist: ecommunist.org
Is it just me, or is Microstrategy ($MSTR) a Ponzi scheme? Actually, it’s a DOUBLE Ponzi scheme because #Bitcoin is a Ponzi scheme. So it’s a Ponzi scheme on top of a Ponzi scheme… This will not end well… BOOKMARK IT.
#Bitcoin is stupid. It solves nothing and is worth nothing. It’s just made up numbers which are (allegedly) finite in supply. What does it fix? What's the usecase? What’s the utility? NOTHING. NADA. ZERO. Checkmate.
“Have fun staying poor!”… Said the #Bitcoin Evangelist’s mom to the Bitcoin Evangelist as she served him hot pockets in her basement. Checkmate.
Listen, I totally understand #Bitcoin (probably better than the Bitcoin Evangelists), it’s not really that complicated. I just prefer not to put my money into it because it’s not real money 🤷♂️ Checkmate.
If “one #bitcoin = one bitcoin” as the Evangelists say, then why do you measure it in dollars? Checkmate.
JUST BECAUSE #BITCOIN IS UP A LITTLE BIT DOESNT MEAN IT WONT STILL GO TO ZERO! WAKE UP, PEOPLE!!
I’m voting for Kamala Harris because she is anti-Bitcoin, and Bitcoin is the greatest threat to democracy. PERIOD. RT if you hate #Bitcoin and love Kamala.
Love seeing a shoutout for “The Deficit Myth” by @StephanieKelton! 👏 Looks like the Overton window is really shifting when it comes to #MMT. Remember: public sector DEFICIT = private sector SURPLUS This isn’t rocket science, people!
Just got the text. They are going to crash #bitcoin in the next few hours. Checkmate.
#Bitcoin has failed and will continue to fail because the US government protects the dollar. Never bet against the US government. Checkmate.
NEWSFLASH: #Bitcoin is NOT legal tender in the United States. Bitcoin is transferred at the time of purchase for actual money (fiat) to obtain items at stores that “accept Bitcoin.” Bitcoin actually needs FIAT to operate as a payment method in the United States. Checkmate.
Weird how the claim is always Bitcoin can exist without a central party, when Bitcoin is entirely dependent on a central party. I can hand dollars, or gold, to any number of people for fair value, with no third party needed. Try exchanging #Bitcoin without any third party.
Live view of #Bitcoin right now 👇
Looks like #Bitcoin is dead. Hope you sold while you had the chance!
Good. We need MORE censorship of these #Bitcoin evangelists. Promoting Ponzi schemes is ILLEGAL.
YOUTUBE JUST BANNED SIMPLY BITCOIN After 4 years of building up the SB channel, putting in 100s of hours of work and making sure to follow the community guidelines @YouTube @TeamYouTube seems to continue to go after Bitcoin only content.
Not only this, but #Bitcoin’s intrinsic value is ZERO. Remind me again, what’s zero divided by 2.1 quadrillion?
YOUTUBE JUST BANNED SIMPLY BITCOIN After 4 years of building up the SB channel, putting in 100s of hours of work and making sure to follow the community guidelines @YouTube @TeamYouTube seems to continue to go after Bitcoin only content.
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