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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. arjun balaji‏ @arjunblj Aug 3
      Replying to @psycho_sage

      You’re free to do whatever you want with your bitcoin, the network doesn’t care. It’s my personal opinion that spending it is a mistake.

      2 replies 0 retweets 9 likes
    2. Psycho Sage‏ @psycho_sage Aug 3
      Replying to @arjunblj

      Just curious, do you think McDonalds is in the burger business or the prime real estate business on which it’s cooked ? Is manhattan valuable coz of the land or financial activity which gives it value ? With stable coins & zero transactions why can’t ppl use bitcoin to spend ?

      1 reply 0 retweets 1 like
    3. arjun balaji‏ @arjunblj Aug 3
      Replying to @psycho_sage

      I haven’t thought enough about McD or valuing Manhattan to have an opinion, but with monies it seems irrational to spend something if it’ll be worth more in the future. Why do you “diversify” your cash into a portfolio of FI, RE, etc.? It’s because you know it’ll be worth less.

      1 reply 0 retweets 5 likes
    4. Psycho Sage‏ @psycho_sage Aug 3
      Replying to @arjunblj

      It’s a hedge/investment against inflation. But we are spending fiat on coffees anyway, imagine if we were able to instaconvert crypto to fiat at POS systems and merchants able to convert them back to fiat n part btc according to their Risk Management. That would onboard 1000s

      1 reply 0 retweets 0 likes
    5. arjun balaji‏ @arjunblj Aug 3
      Replying to @psycho_sage

      If these hypothetical merchant tools existed to “instaconvert” your BTC:fiat, what higher % of your fiat would be in BTC? All of it?

      3 replies 0 retweets 0 likes
    6. Psycho Sage‏ @psycho_sage Aug 3
      Replying to @arjunblj

      No it will just be equivalent to my monthly coffee & grocery bills with btc micropayments , will be only a fraction

      2 replies 0 retweets 0 likes
    7. arjun balaji‏ @arjunblj Aug 3
      Replying to @psycho_sage

      So why would that be bullish? If widespread merchant acceptance wouldn't dramatically change the amount of bitcoin you would be willing to convert, I'm unsure why that would change for anyone else. Earning / holding bitcoin as the default is a very different shift.

      1 reply 0 retweets 3 likes
    8. Psycho Sage‏ @psycho_sage Aug 3
      Replying to @arjunblj

      Because it creates a social phenomenon. Ppl buy iPhones coz everyone has it, it’s a multiplier effect. iPhone is not particularly useful or anything. Why do we ppl keep buying it on upgrades?

      1 reply 0 retweets 0 likes
    9. Arron‏ @arronschaar Aug 3
      Replying to @psycho_sage @arjunblj

      Bitcoins MOE isn’t a 10x innovation over existing solutions. No crypto is because of volatility. However, as a Store of Value, it’s probably 1000x better. BTC has a perfect supply curve that can’t change.

      1 reply 1 retweet 3 likes
    10. Arron‏ @arronschaar Aug 3
      Replying to @arronschaar @psycho_sage @arjunblj

      An algorithmic supply curve is the breakthrough. MOE is uninteresting.

      1 reply 0 retweets 3 likes
      Murad Mahmudov  🚀‏ @MustStopMurad Aug 3
      Replying to @arronschaar @psycho_sage @arjunblj

      Amen

      5:52 PM - 3 Aug 2018
      1 reply 0 retweets 0 likes
        1. New conversation
        2. Psycho Sage‏ @psycho_sage Aug 3
          Replying to @MustStopMurad @arronschaar @arjunblj

          Why do you think they are developing the lightning network? Coz they realize the importance of infrastructure play. Otherwise i don’t see why someone like @jack would invest in lightning. Didn’t Apple become a $trillion enterprise through the IOS infrastructure? Not just phones

          1 reply 0 retweets 1 like
        3. Murad Mahmudov  🚀‏ @MustStopMurad Aug 3
          Replying to @psycho_sage @arronschaar and

          his point is that widespread LN is mostly for later, not for now

          2 replies 0 retweets 0 likes
        4. Elliot‏ @sashandiggers Aug 4
          Replying to @MustStopMurad @psycho_sage and

          Elliot Retweeted Eli Afram

          https://twitter.com/justicemate/status/1025929539434700800 …

          Elliot added,

          Eli Afram @justicemate
          Reminder that it was BTC that was hijacked. BCH is restoring Bitcoin. pic.twitter.com/gsiGCSnOCz
          0 replies 0 retweets 1 like
        5. End of conversation

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