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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. Qiao Wang‏ @QWQiao Jul 9

      10010b. People want custodians. Complete ownership / responsibility will scare the shit out of them. — @PareenL

      2 replies 6 retweets 28 likes
      Show this thread
    2. Qiao Wang‏ @QWQiao Jul 9

      10011. If we don’t ship a password reset protocol it is all ending up back in banks. — @ricburton

      3 replies 5 retweets 30 likes
      Show this thread
    3. Qiao Wang‏ @QWQiao Jul 9

      10100. Stable coins are inherently shit coins unless they’re asset backed. — @gabrielferrin_

      3 replies 1 retweet 16 likes
      Show this thread
    4. LD2 Coin‏ @Ld2Coin Jul 9
      Replying to @QWQiao @gabrielferrin_

      Asset backed stablecoins? We have that.... check us out athttp://ld2coin.io 

      1 reply 0 retweets 0 likes
    5. Murad Mahmudov  🚀‏ @MustStopMurad Jul 9
      Replying to @Ld2Coin @QWQiao @gabrielferrin_

      but Fiat isn't asset backed

      2 replies 0 retweets 0 likes
    6. Gabriel Ferrin‏ @gabrielferrin_ Jul 9
      Replying to @MustStopMurad @Ld2Coin @QWQiao

      Exactly

      1 reply 0 retweets 0 likes
    7. Gabriel Ferrin‏ @gabrielferrin_ Jul 9
      Replying to @gabrielferrin_ @MustStopMurad and

      But I'm being a tad hyperbolic. It's different because taxes are denominated in Fiat and the processes of regulating supply is never static.

      1 reply 0 retweets 0 likes
    8. Colton Robtoy‏ @ColtonRobtoy Jul 23
      Replying to @gabrielferrin_ @MustStopMurad and

      Fiat USD is 'backed' by the requirement that every nation-state on Earth must always be buying USD in order to buy oil from Saudi Arabia. Since every country needs oil, every country needs to always be buying the 'USD dip'. This is the only 'stable currency' peg I will trust.

      1 reply 0 retweets 0 likes
    9. Gabriel Ferrin‏ @gabrielferrin_ Jul 23
      Replying to @ColtonRobtoy @MustStopMurad and

      That's the first type of asset backed token I'd make. But USD is also very infationary. With crypto you could create other interesting asset backed currencies or baskets of them that don't really exist yet and might be better hedges for different things.

      1 reply 0 retweets 0 likes
    10. Colton Robtoy‏ @ColtonRobtoy Jul 23
      Replying to @gabrielferrin_ @MustStopMurad and

      1/ I'm happy with 1-3% Inflation per year of USD- it incentivizes people to spend, which incentivizes people to create business, which incentivizes those businesses to create jobs.

      3 replies 0 retweets 0 likes
      Murad Mahmudov  🚀‏ @MustStopMurad Jul 23
      Replying to @ColtonRobtoy @gabrielferrin_ and

      In a purely free market, the winning currency will inevitably be close to fixed-supply. Any other game-theoretic Schelling point simply doesn’t make sense. People *will* be spending a hoardable coin if others demand to get paid in it, even if its value increases a little every yr

      10:18 PM - 23 Jul 2018
      0 replies 0 retweets 0 likes

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