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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. Arianna Simpson‏ @AriannaSimpson Aug 16

      1/ I’m noticing a resurgence in the crypto as “money” narrative, over any other usecase. This seems to be related to what part of the cycle we are in.

      8 replies 23 retweets 144 likes
      Show this thread
    2. Murad Mahmudov  🚀‏ @MustStopMurad Aug 16
      Replying to @AriannaSimpson

      Blockchains don't create revenues, they destroy revenues. There is only 1 exception. SoV. Which itself feeds off of other non-crypto SoVs in the world in a near-zero-sum manner. In the crypto space, Value only accrues to Money.

      5 replies 13 retweets 52 likes
    3. Erik Torenberg‏ @eriktorenberg Aug 17
      Replying to @MustStopMurad @AriannaSimpson

      Q for you: what are historical analogies for where technological innovation has destroyed revenue / led to decrease in GDP? doesn't value capture typically rearchitect somewhere else in the stack? also Q for @Alex_Danco @Iiterature

      2 replies 0 retweets 1 like
      Murad Mahmudov  🚀‏ @MustStopMurad Aug 17
      Replying to @eriktorenberg @AriannaSimpson and

      GDP is not being decreased. Only middleman/platform rent extraction is. Output/Production remains the same but the surplus is distributed directly between producer/consumer in a P2P fashion.

      2:25 PM - 17 Aug 2018
      • 6 Likes
      • Oguz Serdar ouroboros Sar Haribhakti Bharani Setlur Kacper Wikieł Erik Torenberg
      1 reply 0 retweets 6 likes
        1. New conversation
        2. Murad Mahmudov  🚀‏ @MustStopMurad Aug 17
          Replying to @MustStopMurad @eriktorenberg and

          Uber: $10 ride fee. $8 to Driver $2 to Uber dUber: $9 ride fee. $9 to Driver. (+ likely more rides) There is an incentive problem to build the dUber in the first place but that's a whole another topic.

          1 reply 1 retweet 4 likes
        3. James Lin‏ @jamescmlin Aug 17
          Replying to @MustStopMurad @eriktorenberg and

          Things like Uber and Airbnb are probably not good candidates for dapps (at least not in immediate future) because customer service and trust enforced by 3rd party are a big part of the UX

          1 reply 1 retweet 4 likes
        4. Murad Mahmudov  🚀‏ @MustStopMurad Aug 17
          Replying to @jamescmlin @eriktorenberg and

          agreed. I don't even think those need to be decentralized any time soon, if at all. just used that as the easiest example solely for disintermediation illustration purposes

          0 replies 0 retweets 1 like
        5. End of conversation

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