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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. lvi‏ @astrocytew Jun 6
      Replying to @mdudas @MustStopMurad

      "once something is desirable as a store of value, people will want to be paid in it" gold is a SoV but I will take USD over gold any time despite being a worse SoV. you can't have good MoE without a good payment system, which is why people work on both

      1 reply 0 retweets 0 likes
      Murad Mahmudov  🚀‏ @MustStopMurad Jun 6
      Replying to @astrocytew @mdudas

      Gold was desirable as an MoE for 5000 years. It has since been demonetized. 60 years ago you would want Gold not poer

      9:52 AM - 6 Jun 2018
      1 reply 0 retweets 0 likes
        1. New conversation
        2. lvi‏ @astrocytew Jun 6
          Replying to @MustStopMurad @mdudas

          and it no longer is despite being a better SoV than USD. i trade MoE and hold SoV; good SoV properties is not nearly sufficient for good MoE

          1 reply 0 retweets 0 likes
        3. Murad Mahmudov  🚀‏ @MustStopMurad Jun 6
          Replying to @astrocytew @mdudas

          you can have both but SoV should take precedence.pic.twitter.com/UNY9iniqY3

          1 reply 0 retweets 2 likes
        4. lvi‏ @astrocytew Jun 6
          Replying to @MustStopMurad @mdudas

          nah USD is a bad SoV yet good MoE. they're different functions for which you require different properties; no point in muddling them together for no reason other than creating confusion and motivational monologues

          1 reply 0 retweets 0 likes
        5. Murad Mahmudov  🚀‏ @MustStopMurad Jun 6
          Replying to @astrocytew @mdudas

          Absolutely wrong. All money is SoV MoE and UoA to different extents. Thinking that SoV and MoE are “separate” is a common mistake.

          1 reply 0 retweets 1 like
        6. lvi‏ @astrocytew Jun 6
          Replying to @MustStopMurad @mdudas

          yes, I said USD is good MoE and bad SoV, while gold is an arguably better SoV and a worse MoE. i didn't say they're not both... you're trying to make MoE a consequence of SoV which is obviously wrong. you can have SoV that is hard to transport and perfect otherwise

          1 reply 0 retweets 0 likes
        7. Murad Mahmudov  🚀‏ @MustStopMurad Jun 6
          Replying to @astrocytew @mdudas

          My Point is a cryptocurrency can be good at all.

          1 reply 0 retweets 3 likes
        8. lvi‏ @astrocytew Jun 6
          Replying to @MustStopMurad @mdudas

          my point is that the part i quoted is inaccurate, and that part serves as a wrong premise for the rest of the monologue i.e. it unjustly downplays the importance of payment systems and belittles those who focus on "not important" / "cool perks" aspects. good SoV ⇏ good MoE

          1 reply 0 retweets 0 likes
        9. Murad Mahmudov  🚀‏ @MustStopMurad Jun 6
          Replying to @astrocytew @mdudas

          Focusing on cool perks before the SoV / security components is like trying to fly before you know how to crawl.

          0 replies 0 retweets 1 like
        10. End of conversation

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