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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. Sam Laakso‏ @SamLaakso Jul 25

      Sam Laakso Retweeted Murad Mahmudov  🚀

      As long as we have central banks, #Bitcoin will never be a widespread medium of exchange. I also seriously doubt the reliable store of value.https://twitter.com/MustStopMurad/status/1022169639386836992 …

      Sam Laakso added,

      Murad Mahmudov  🚀 @MustStopMurad
      Now that we are all Bitcoin Maximalists, we need to take it to the next step and get rid of the confusion surrounding the monetary evolution of Bitcoin: pic.twitter.com/fwh8Ehsjw9
      1 reply 2 retweets 3 likes
    2. Murad Mahmudov  🚀‏ @MustStopMurad Jul 25
      Replying to @SamLaakso

      What a narrow-minded view. This is like saying as long as we have horses cars will never work.

      4 replies 0 retweets 48 likes
    3. Sam Laakso‏ @SamLaakso Jul 26
      Replying to @MustStopMurad

      As long as we have central banks, they won't let others create money out of thin air as that's their job. Not saying I approve fiat, just saying that authorities will not let that happen as they'd lose control. They can just make all cryptos illegal. Most wont break the law.

      2 replies 0 retweets 0 likes
      Murad Mahmudov  🚀‏ @MustStopMurad Jul 26
      Replying to @SamLaakso

      Others already are creating money from thin air. Bitcoin is already $130B in size. I believe it's the opposite. Those countries which ban it, will suffer. Those countries that adopt / invest in it the earliest will thrive tremendously. Remember, governments are adversarial.

      12:09 AM - 26 Jul 2018
      • 3 Likes
      • jdaxiom⚡️ John B zattta
      2 replies 0 retweets 3 likes
        1. New conversation
        2. Sam Laakso‏ @SamLaakso Jul 26
          Replying to @MustStopMurad

          Could be. The market cap of the euro is about 1,1 trillion euros. Also $FB wiped out over 140B dollars of market cap in 90 minutes after hours. China has already banned ICOs. If major central banks act together for the ban they could trash the crypto market.

          1 reply 0 retweets 0 likes
        3. Murad Mahmudov  🚀‏ @MustStopMurad Jul 26
          Replying to @SamLaakso

          China banned ICOs and Bitcoin price went up that same week. That's my point - Major central banks are unlikely to band together. Look at already the currency wars already happening today. Everyone has their own selfish interests. And if BTC works, they will buy it.

          1 reply 0 retweets 0 likes
        4. Sam Laakso‏ @SamLaakso Jul 26
          Replying to @MustStopMurad

          With the limitations of expandability (aka too massive energy consumption if brought to tradable size) I think that bitcoin stands a little chance of making it to the big boys league. The fed is already dumping 40bil a month in QT, I'd say that's the big boys league.

          2 replies 0 retweets 0 likes
        5. $42K Bitcoin in 2018 ⚡️‏ @markfinelli Jul 26
          Replying to @SamLaakso @MustStopMurad

          Oh, look, a $GOLD bug playing protection game for his antiquated pet rock.pic.twitter.com/uX7Mz3gtlH

          2 replies 1 retweet 1 like
        6. Sam Laakso‏ @SamLaakso Jul 26
          Replying to @markfinelli @MustStopMurad

          Bitcoin reserves?pic.twitter.com/ToVEYKR4Cb

          2 replies 1 retweet 0 likes
        7. Murad Mahmudov  🚀‏ @MustStopMurad Jul 26
          Replying to @SamLaakso @markfinelli

          Did you like your own tweet? Also, Gold is 12,000+ years old, BTC only 9. give it another decade

          1 reply 0 retweets 0 likes
        8. Sam Laakso‏ @SamLaakso Jul 26
          Replying to @MustStopMurad @markfinelli

          Like I said, I have nothing personal against Bitcoin. Realistically I just don't see the big picture bitcoin folks are seeing. I'm planning to live way more than 10 years and so I'm looking forward to seeing the monetary playground of that time. Retweeted, common practice.

          1 reply 0 retweets 0 likes
        9. Murad Mahmudov  🚀‏ @MustStopMurad Jul 27
          Replying to @SamLaakso @markfinelli

          I think it's inevitable. It's just better money. A better product. You can only hold off free markets and true demand for so long. And Bitcoin's digital and leaderless nature makes it much much less prone to seizure and control.pic.twitter.com/5Hliv3Fnun

          2 replies 0 retweets 1 like
        10. 6 more replies
        1. New conversation
        2. Sam Laakso‏ @SamLaakso Jul 26
          Replying to @MustStopMurad

          I don't think that if the G20 counties including the whole euro zone would all ban cryptos at the same time, that their economies would suffer. People get trapped with one rule policies but without a total chaotic event this will not change.

          1 reply 0 retweets 0 likes
        3. Murad Mahmudov  🚀‏ @MustStopMurad Jul 26
          Replying to @SamLaakso

          They've been trying to ban Bittorrent since 2006 but it's still alive and well... Understand that cryptocurrencies are just 1s and 0s on the internet

          1 reply 0 retweets 0 likes
        4. Sam Laakso‏ @SamLaakso Jul 26
          Replying to @MustStopMurad

          True, but when it comes to pure cash and money, that's where the true power lies. Don't take it for granted that elitists will let go of that power easily. Nothing personal against bitcoin, I just think that it's too heavy technology for it to last.

          1 reply 0 retweets 0 likes
        5. Murad Mahmudov  🚀‏ @MustStopMurad Jul 26
          Replying to @SamLaakso

          It's precisely because of Fed dumping that BTC will be seen as valuable. It's fixed-supply, sound money, stricter than Gold. The *ELITES* and *GOV OFFICIALS* themselves will buy it ;)pic.twitter.com/PQK1PFTzoG

          1 reply 0 retweets 0 likes
        6. Sam Laakso‏ @SamLaakso Jul 26
          Replying to @MustStopMurad

          As you said, only 1s and 0s online. Control over 50% and you'll be the king of Bitcoin. I'm skeptical. CBs in the east are buying gold and I'm long some physical gold but until we see some turbulence in the economy it's hard to say what happens to bitcoin.

          1 reply 0 retweets 0 likes
        7. Murad Mahmudov  🚀‏ @MustStopMurad Jul 26
          Replying to @SamLaakso

          Value is subjective. What we collectively agree to be valuable doesn't have to be physical. Money is an abstraction.

          1 reply 0 retweets 0 likes
        8. Murad Mahmudov  🚀‏ @MustStopMurad Jul 26
          Replying to @MustStopMurad @SamLaakso

          A global monetary standard based on Bitcoin doesn't suffer from Gold's centralization-in-vaults problem which inevitably leads to corruption and excessive fiduciary media supply expansion.

          1 reply 0 retweets 0 likes
        9. Sam Laakso‏ @SamLaakso Jul 26
          Replying to @MustStopMurad

          You don't think that massive centralization of processing power needed for blockchain verification is centralization-in-vault type of a dilemma? Isn't it so that over 50% is enough to alter the whole chain?

          1 reply 0 retweets 0 likes
        10. 2 more replies

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