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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. David Nage 🎯‏ @DavidJN79 Jun 14

      Was just hanging with a bunch of family office investors; topic of discussion: how many of the +/-1800 cryptocurrencies will still be in existence in 7-10 years. Consensus hovered 5% or lower. Just giving you all a temperature gauge out there.

      17 replies 7 retweets 60 likes
      Murad Mahmudov  🚀‏ @MustStopMurad Jun 14
      Replying to @DavidJN79

      Totally wrong. It will be 0.1% or lower

      5:36 PM - 14 Jun 2018
      • 8 Likes
      • Just-me-saying adolfo Sen ☀️ (Bitcoin Shakti) Kareem1997 Damien Donnelly WTF is Bitcoin? Stephan Livera Gabe Bassin
      2 replies 0 retweets 8 likes
        1. New conversation
        2. David Nage 🎯‏ @DavidJN79 Jun 14
          Replying to @MustStopMurad

          Yes we know Murad, Bitcoin is the only thing worth it, it is better than a slice of pizza from Lombardi’s, better than that first bite of cheesecake from Juniors...we get it. 😉

          1 reply 0 retweets 6 likes
        3. Murad Mahmudov  🚀‏ @MustStopMurad Jun 14
          Replying to @DavidJN79

          Could be Bitcoin could be something else. At the end of the day there will be only 1 huge winner, though to be honest that might take more than 10 years.

          0 replies 0 retweets 2 likes
        4. End of conversation
        1. New conversation
        2. Mark Moss‏ @1MarkMoss Jun 14
          Replying to @MustStopMurad @DavidJN79

          Maybe .1 of "existing" coins still in existence but, there will be there many more that will replace them and still be in use

          1 reply 0 retweets 0 likes
        3. Murad Mahmudov  🚀‏ @MustStopMurad Jun 14
          Replying to @1MarkMoss @stronghandshodl @DavidJN79

          I believe in the long run there will only be one global monetary standard.

          1 reply 0 retweets 1 like
        4. Mark Moss‏ @1MarkMoss Jun 14
          Replying to @MustStopMurad @DavidJN79

          If you are using the definition of crypto as only referring to money then maybe, but the more general version of crypto being used for utility tokens will remain. I think over the long term there will be many cases and uses for utility tokens

          1 reply 0 retweets 0 likes
        5. Mark Moss‏ @1MarkMoss Jun 14
          Replying to @1MarkMoss @MustStopMurad @DavidJN79

          And I think the Central Bank will try to control money but... money as we know it will be changed, the token economy could take us back to a type of barter system and real assets will be used as money, like you see when currencies collapse like in Venezuela or Zimbabwe

          1 reply 0 retweets 0 likes
        6. Murad Mahmudov  🚀‏ @MustStopMurad Jun 14
          Replying to @1MarkMoss @stronghandshodl @DavidJN79

          I see utility tokens akin to Starbucks points and Airline Miles. Insignificant. We will NOT have a world with 10,000+ currencies or tokens. That is NO different to barter -- the very thing money is supposed to eliminate. Horrible UX with Horrible Frictions.

          1 reply 0 retweets 1 like
        7. Mark Moss‏ @1MarkMoss Jun 14
          Replying to @MustStopMurad @DavidJN79

          I agree the friction of trying to exchange 1000's of coins is too high, but solutions will come to make this seamless, and will unlock value from Siloed accts like airline miles and unused computing power, $OMG is working on this and other solutions like $AION could also help

          1 reply 0 retweets 0 likes
        8. Murad Mahmudov  🚀‏ @MustStopMurad Jun 14
          Replying to @1MarkMoss @stronghandshodl @DavidJN79

          I believe there may be dozens of cryptoassets, but due to extremely high velocity they will accrue very little value, because there is no need to hold them. The only thing that will accrue value is something people hold on to for months and even years. Something Central Banks buy

          0 replies 0 retweets 2 likes
        9. End of conversation

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