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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. Tushar Jain‏ @TusharJain_ Jun 11

      Tushar Jain Retweeted Jimmy Song (송재준)

      I think the fundamental idea Bitcoin maximalists are missing is the market expansionary potential of these smart contract platforms. Things like @highfidelityinc's VR markets, @AugurProject's betting markets, & @FunFairTech's fairer online gambling are just the first use cases.https://twitter.com/jimmysong/status/1006189643845586946 …

      Tushar Jain added,

      Jimmy Song (송재준) @jimmysong
      I just published “The Truth about Smart Contracts” https://medium.com/p/the-truth-about-smart-contracts-ae825271811f …
      4 replies 6 retweets 30 likes
      Show this thread
    2. Tushar Jain‏ @TusharJain_ Jun 11

      The most interesting things that will be built on smart contract platforms are not even imagined yet. Could anyone have predicted crazy ideas like Uber or LinkedIn in the infancy of the internet? Don't bet against human ingenuity to make things we don't even know we want yet.

      5 replies 5 retweets 33 likes
      Show this thread
    3. Murad Mahmudov  🚀‏ @MustStopMurad Jun 11
      Replying to @TusharJain_

      Uber (and many, many other ideas) built as a dApp would *contract* the market, not *expand* it...

      2 replies 0 retweets 0 likes
    4. Tushar Jain‏ @TusharJain_ Jun 11
      Replying to @MustStopMurad

      Can you elaborate?

      1 reply 0 retweets 0 likes
      Murad Mahmudov  🚀‏ @MustStopMurad Jun 11
      Replying to @TusharJain_

      1/ Uber built as a dApp would command much lower commission than Uber's current 25-38%, if at all. If you define 'the market' as total transaction flows / revenues between riders and drivers, then it is plausible the market would expand (though hard to unseat Uber network effcts)

      7:13 PM - 11 Jun 2018
      • 1 Like
      • ~⚡
      1 reply 0 retweets 1 like
        1. New conversation
        2. Murad Mahmudov  🚀‏ @MustStopMurad Jun 11
          Replying to @MustStopMurad @TusharJain_

          2/ If you define it by market value capturable by the project, this would imply that any kind of value accrual to the underlying cryptosecurity / cryptoasset / DAO would be much more modest than real-world Uber’s, so a smaller market to go after from an investor’s point of view.

          1 reply 0 retweets 2 likes
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