Dick Cuckerson mmt/acc (@dickcuckerson) 's Twitter Profile
Dick Cuckerson mmt/acc

@dickcuckerson

Journalist, financial analyst, economist. Exploring #MMT & dabbling in #Marxism (just the good parts!). Editor at The Ecommunist: ecommunist.org

ID: 1753964108322578432

linkhttps://ecommunist.substack.com calendar_today04-02-2024 02:10:47

547 Tweet

2,2K Followers

52 Following

Dick Cuckerson mmt/acc (@dickcuckerson) 's Twitter Profile Photo

Hate to break it to you, but your precious 10 BTC in cold storage isn’t securing “generational wealth for your bloodline.” It’s barely getting you an average single family home in California.

Dick Cuckerson mmt/acc (@dickcuckerson) 's Twitter Profile Photo

Almost a decade ago I was the Harvard economist that said that bitcoin was more likely to be worth $100 than 100k. What did I miss? Absolutely nothing because you are all fucking wrong and I went to Harvard so I’m smarter than you. I don’t care what the market says, I’m right.

Almost a decade ago I was the Harvard economist that said that bitcoin was more likely to be worth $100 than 100k.  What did I miss? Absolutely nothing because you are all fucking wrong and I went to Harvard so I’m smarter than you. I don’t care what the market says, I’m right.
Dick Cuckerson mmt/acc (@dickcuckerson) 's Twitter Profile Photo

Bitcoin isn't a store of value. It's a Nasdaq ETF, making it irrelevant on every metric. It will drop below $1,000, if not $100, in the coming years. Pin this post. Checkmate.

Dick Cuckerson mmt/acc (@dickcuckerson) 's Twitter Profile Photo

Bitcoin basically failed at everything it was created for. There is not enough electricity in the world to process bitcoin payments should they get to the level of visa. Not to mention a transaction cost is just unreasonable. The only reason it still exists is to milk naive plebs

Dick Cuckerson mmt/acc (@dickcuckerson) 's Twitter Profile Photo

PSA: the government can literally ALWAYS print more money out of thin air. Only idiots (i.e. Bitcoin Maxipads) fail to understand this.

Dick Cuckerson mmt/acc (@dickcuckerson) 's Twitter Profile Photo

I just found out that the company that runs Bitcoin is planning to host horrible (and illegal!) images on the blockchain… Why isn’t anyone talking about this?? I think it’s about time we shut Bitcoin down. It’s not like it’s even useful anyway.

Dick Cuckerson mmt/acc (@dickcuckerson) 's Twitter Profile Photo

Bitcoin has plunged over 29% from its all-time high in early October. That WIPES OUT nearly all of 2025’s gains. BITCOIN = A HIGHLY SPECULATIVE ASSET WITH ZERO FUNDAMENTAL VALUE.

Bitcoin has plunged over 29% from its all-time high in early October. That WIPES OUT nearly all of 2025’s gains.

BITCOIN = A HIGHLY SPECULATIVE ASSET WITH ZERO FUNDAMENTAL VALUE.
Dick Cuckerson mmt/acc (@dickcuckerson) 's Twitter Profile Photo

Everyone wants to know “how low can bitcoin go?” I’ll tell you… Zero. $0. Nada. Zilch. But it gets worse (for Bitcoin simps)… bitcoin could actually go NEGATIVE, because its intrinsic value is negative. Get out while you still can and buy SPY.