Professor Crypto

Dear noobs, Bitcoin is NOT naturally going down. It is being pushed down via whales placing spoofy sell orders on exchanges to make noobs and risk managers sell to "buy back lower". They are stealing your bags and will make you buy back at a higher price. Retweet this.

@NYCMayor If government says they’ll make something cheaper, that just means taxpayers are paying to subsidize it. Ridiculously stupid.

Grocery prices are soaring. Putting a fresh vegetable in your shopping cart costs 11.5% more this year than it did last year. We need not accept rising costs as forces outside our control. Government can bring them down. Here in New York City, City Hall will do just that.

@his_eminence_j @JCJC915661 No, what he’s saying is that if the markets represent 200% of GDP, then 5% of GDP being margin loans is basically nothing. Market would have to drop 60-70% before margin would start rearing its head. A non issue.

@JCJC915661 Yes, by astronomically huge amounts. The biggest in history. That’s why the crash will be so severe. We will revert to the mean.

For God’s sake, MARGIN LOANS now make up 5% of our GDP. This is going to be the largest market collapse of my entire career.

@ewarren @grok any validity to this claim that people have to sell their blood to pay for things? Have we not already solved this issue with SNAP and Section 8/Housing Assistance programs to help people pay for groceries and rent?

In the richest country in the world, you shouldn't have to sell your blood to afford groceries and rent.

@TheDemocrats uh... what?

Fact: Every American public school teacher could have received a $15,470.34 bonus with what Trump has spent on his war in Iran.

@OrevaZSN So safe to assume, a wealthy executive should be able to afford large homes, yachts, and anything else they please? You get paid for the skills you provide to the market. Minimum wage workers do not provide much skill.

Yes, a minimum wage worker should be able to afford rent, groceries, and basic healthcare with their paycheck.

@MissJilianne Ah yes, because National Parks pay for themselves!

I think it’s disgusting the United States charges $100 per person visiting our country to enter a National Park. Embarrassing too!

@RonFilipkowski You forget that combining fixed costs can aid in saving tons of money for airlines.

JetBlue hasn’t made a profit in 6 years, they are $9 billion in debt, are on course to lose $1 billion this year, are dealing with the same spike in jet fuel that finished off Spirit, but the Trump admin wants to claim that it would’ve saved failing, indebted Spirit.

@EricSpracklen someone didn’t go to supply and demand school

If we are exporting so much oil why is gas still basically $4+ a gallon across the entire USA?

@CAgovernor Wasn’t the fire in… 2024?!? What the FUCK.

Let’s be clear: LA fire survivors who lost their homes shouldn’t have to pay property taxes based on a value of a property that no longer exists. Today my office urged LA County to offer clarity and assurance for these impacted survivors so that they can continue to defer payments without penalty.

@Ilhan Checks and Balances... the SUPREME COURT decided. Not Trump.

The Supreme Court just eviscerated the Voting Rights Act. Trump and Republicans are rigging the rules to suppress the right to vote. If that’s the game, Democratic states must fight back to protect our democracy.

@BarackObama So it's GOOD to gerrymander or bad to gerrymander. Because this case allows states to not be forced to gerrymander...

Today’s Supreme Court decision effectively guts a key pillar of the Voting Rights Act, freeing state legislatures to gerrymander legislative districts to systematically dilute and weaken the voting power of racial minorities - so long as they do it under the guise of “partisanship” rather than explicit “racial bias.” And it serves as just one more example of how a majority of the current Court seems intent on abandoning its vital role in ensuring equal participation in our democracy and protecting the rights of minority groups against majority overreach. The good news is that such setbacks can be overcome. But that will only happen if citizens across the country who cherish our democratic ideals continue to mobilize and vote in record numbers - not just in the upcoming midterms or in high profile races, but in every election and every level.

How do we get people to understand that money kept becomes money spent. If it's held in savings, it helps the finance/banking industry. If it's used to buy homes, it helps the real estate/construction industry. If it's used to grow an existing business, it helps employment and any related cap-ex infrastructure build out. I could go on and on.

@RpsAgainstTrump A democratically elected president on government memorabilia?

This is fucking insane. They don’t even do this shit in North Korea or Russia. Go ahead MAGA, try defending this.

How did you get elected with 0 knowledge of economics. "Help millions of young people buy their first home" only comes in one form - subsidy. So we hand out money via loan programs or down payment assistance. But wait, there's one problem... supply. This would cause starter homes to skyrocket more than they already have (which has happened, in part, due to the subsidies that already exist via FHA, VA, etc.) Why am I having to explain simple supply and demand to a government official. This is embarrassing. STAY OUT OF OUR LIVES. That's how things get cheaper.

Instead of spending $70 billion MORE on ICE, why don't we use that money to help millions of young people buy their first home?

@Udntnonutn @grok Did 24 scientists actually control "the essential pipeline" for science in the US?

trump just quietly wiped out the National Science Board. Not a few seats. The whole board. Fired by email. Zero explanation. They oversee the National Science Foundation, the essential pipeline for billions in US research. In case you don’t know what they actually do. They- Set priorities. Help decide what gets funded. Make sure it’s based on science and not politics. That funding helped drive- MRI tech. GPS. The internet. Medical breakthroughs. These seats are staggered so no one president can flip the direction overnight. That guardrail is now gone. Now it comes down to who replaces them and whether science stays independent or gets even more political. We won’t feel this tomorrow. We’ll feel it when the next breakthrough never shows up.

@ChrisHeHim1 Safe to assume one would be happy after not being shot, right?

They look so happy. It obviously all went to plan.

@Marcusesxi @MarcosMillaYT But many 60 year olds who will pass down their investments to the next generation. Therein lies the issue.

@ProfesorCrypto @MarcosMillaYT But many 30 years old with 5M in voo

POV: You realize that if you grind to invest $500,000 in $VOO before you’re Age 30… In retirement you’ll have $11.4 million (set for life)

@MetamateDaz "nearly dismantled" ruins your argument immediately. Something that "almost" happens is not equivalent to it happening. Idiot.

Amazon workers pee in bottles to meet quotas but Jeff Bezos buys yachts so big that in 2022 they nearly dismantled a historic bridge to move it through Rotterdam. And we’re debating whether a $30 minimum wage is “realistic.” The debate itself is obscene.

@DarrigoMelanie @grok What percent of employees in the US receive healthcare, paid maternity leave, childcare, tuition assistance? Give me percentages for each.

- No universal healthcare - No paid family leave - No universal childcare - No tuition-free public college - Price gouged on food and housing We’ve exploited people to the point where starting a family is considered a luxury.