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MustStopMurad's profile
Murad Mahmudov 🚀
Murad Mahmudov 🚀
Murad Mahmudov  🚀
@MustStopMurad

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Murad Mahmudov  🚀

@MustStopMurad

Cryptocurrency Analyst. Bitcoin, not Blockchain. Angel Investor. Previously @Princeton.

New York, NY
Joined March 2017

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    1. Nifty™ Matt Condon (XLNT) (Not Giving Away Angery)‏ @mattgcondon Jun 2

      realizing recently (via convos with friends) that, afaik, the ideal env for digital asset ownership doesn't exist yet; we need scalable and user-friendly privacy guarantees by default. Without that default privacy, real behavior won't ever make its way onto a blockchain.

      5 replies 4 retweets 21 likes
      Murad Mahmudov  🚀‏ @MustStopMurad Jun 3
      Replying to @mattgcondon

      When you say digital asset ownership, are you talking about digital assets like NFTs, or are you talking about digital assets like cryptocurrencies?

      6:50 PM - 3 Jun 2018
      1 reply 0 retweets 0 likes
        1. New conversation
        2. Nifty™ Matt Condon (XLNT) (Not Giving Away Angery)‏ @mattgcondon Jun 3
          Replying to @MustStopMurad

          I do think currency falls under digital assets (as well as identity), so ideally all of that is considered the same thing and solved by the same solution. But we'll probably have to draw some technical lines in the sand between currency, identity, and "NFTs" in the short term.

          1 reply 0 retweets 0 likes
        3. Murad Mahmudov  🚀‏ @MustStopMurad Jun 3
          Replying to @mattgcondon

          Are you saying that without privacy guarantees by default, cryptocurrencies cannot proceed to take over the world?

          1 reply 0 retweets 0 likes
        4. Nifty™ Matt Condon (XLNT) (Not Giving Away Angery)‏ @mattgcondon Jun 3
          Replying to @MustStopMurad

          pseudonymity might be enough, but I'd hope we could get total anonymity as a default. but I'd expect some sort of privacy guarantee is required for a cryptocurrency to become the primary SoV or MoE of a society. People enjoy having their ownership records relatively private, no?

          1 reply 0 retweets 0 likes
        5. Murad Mahmudov  🚀‏ @MustStopMurad Jun 3
          Replying to @mattgcondon

          I agree. The big question is, assuming Bitcoin's onchain fungibility isn't coming anytime soon, which I think is likely, whether people will be satisfied with Bitcoin's Lightning Privacy or whether they will demand deeper anonymity provided by Zcash/Monero.

          1 reply 0 retweets 1 like
        6. Nifty™ Matt Condon (XLNT) (Not Giving Away Angery)‏ @mattgcondon Jun 3
          Replying to @MustStopMurad

          very good question, yeah. perhaps those privacy guarantees are "good enough"? speaking as a user, they're definitely "good enough" for me right now, mostly because getting real privacy guarantees via monero/zcash 1) isn't something I need and 2) is too user unfriendly to switch

          1 reply 0 retweets 0 likes
        7. Murad Mahmudov  🚀‏ @MustStopMurad Jun 3
          Replying to @mattgcondon

          Agreed. Usability / Good UX will be critical for adoption. But things like extraordinary bank deposit shaving, transaction censorship, tainting of coins, Chainalysis/Elliptic, or the arrival of many more billionaires demanding full privacy could increase the need for the latter.

          0 replies 0 retweets 3 likes
        8. End of conversation

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