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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. Murad Mahmudov  🚀‏ @MustStopMurad Jul 25

      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

      75 replies 907 retweets 2,159 likes
    2. Warboat‏ @warboat1 Jul 27
      Replying to @MustStopMurad @adam3us

      When do we get to use BTC to buy food? I think we are currently at "nerdy food vouchers" where real food merchants are reluctant to accept the vouchers. BTC is fast becoming Peer to Peer Electronic Store of Hope.

      1 reply 0 retweets 6 likes
    3. Murad Mahmudov  🚀‏ @MustStopMurad Jul 27
      Replying to @warboat1 @adam3us

      Payments aren’t important Store of Value is what’s important for now Spend dollars, Hold onto Bitcoins

      2 replies 0 retweets 10 likes
    4. Warboat‏ @warboat1 Jul 27
      Replying to @MustStopMurad @adam3us

      We may as well all move to holding Bitcoin ETFs when it comes as it will be SEC approved and Gov backed and Fed Reserve blessed. All the moms and pops can finally trust the nerdy coin and the central bankers can print supply to demand and suppress Bitcoin price. BTC economic fail

      1 reply 0 retweets 4 likes
      Murad Mahmudov  🚀‏ @MustStopMurad Jul 27
      Replying to @warboat1 @adam3us

      No, just hold it on your hardware wallet. No point in spending it while there is a decade-long wealth transfer flowing from fiat to Bitcoin

      10:50 PM - 27 Jul 2018
      • 1 Like
      • ...
      2 replies 0 retweets 1 like
        1. New conversation
        2. Murad Mahmudov  🚀‏ @MustStopMurad Jul 27
          Replying to @MustStopMurad @warboat1 @adam3us

          No point in spending Bitcoin before it’s market cap is at least $10 Trillion (in today’s terms)

          1 reply 0 retweets 5 likes
        3. Warboat‏ @warboat1 Jul 27
          Replying to @MustStopMurad @adam3us

          Then Bitcoin is just a pure Ponzi scheme.

          1 reply 0 retweets 4 likes
        4. Murad Mahmudov  🚀‏ @MustStopMurad Jul 27
          Replying to @warboat1 @adam3us

          No, it’s a monetary good undergoing monetization.

          2 replies 0 retweets 4 likes
        5. Warboat‏ @warboat1 Jul 27
          Replying to @MustStopMurad @adam3us

          So is every unbacked derivative on the planet and they suck up more money than any currency.

          1 reply 0 retweets 1 like
        6. Murad Mahmudov  🚀‏ @MustStopMurad Jul 27
          Replying to @warboat1 @adam3us

          derivatives are not money

          2 replies 0 retweets 0 likes
        7. Warboat‏ @warboat1 Jul 27
          Replying to @MustStopMurad @adam3us

          can't take discussions any further when you subscribe to that dogma

          1 reply 0 retweets 1 like
        8. Murad Mahmudov  🚀‏ @MustStopMurad Jul 28
          Replying to @warboat1 @adam3us

          its not dogma, currency is a monetary good while derivatives are a financial instrument. Bitcoin isn’t competing with derivatives, it’s competing with fiat, monetary metals and other SoV-like ‘low-risk’ instruments. If you equate derivs with BTC you’re making a big mistake.

          0 replies 2 retweets 5 likes
        9. End of conversation
        1. Warboat‏ @warboat1 Jul 27
          Replying to @MustStopMurad @adam3us

          There was a long transfer of wealth to Gold bullion as well till ETFs rekt real Gold. Same will happen to BTC. It will be rekt by ETFs if nobody wants to use BTC for anything other than speculation. BTC will have no utility benefit over ETFs. BTC needs utility or ETFs will win.

          0 replies 0 retweets 0 likes
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