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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. Dovey Wan  🦖‏ @DoveyWan Aug 17

      Dovey Wan  🦖 Retweeted Murad Mahmudov  🚀

      I see this type of discussion meaningless...as Ethereum started to build a world state machine, ETH is not meant to be SoV... 😑😑😑 it’s used to compensate computation cost of code execution vs BTC compensates for burning electricity to win mathematical lotteryhttps://twitter.com/MustStopMurad/status/1030526291689320448 …

      Dovey Wan  🦖 added,

      Murad Mahmudov  🚀 @MustStopMurad
      This is precisely why ETH is doomed for failure. No rational individual will ever store their wealth in a coin led by an inflationist. No free-market will converge on a monetary standard whose “leaders” espouse redistribution of wealth. https://twitter.com/pierre_rochard/status/1030504274164424704 …
      3 replies 3 retweets 19 likes
    2. Murad Mahmudov  🚀‏ @MustStopMurad Aug 17
      Replying to @DoveyWan

      no perception of SoV = no investment = no growing security PoS, especially, relies on Mcap being big to be secure. all unpegged cryptocurrencies are competing to become money/SoV https://tokeneconomy.co/cryptocurrencies-are-money-not-equity-30ff8d0491bb … 😑😑😑

      1 reply 1 retweet 11 likes
    3. Sar Haribhakti‏ @sarthakgh Aug 17
      Replying to @MustStopMurad @DoveyWan

      You know I know your stance here but many ETH advocates accept what you said & think race for global computer is very different from race to money.

      2 replies 0 retweets 2 likes
      Murad Mahmudov  🚀‏ @MustStopMurad Aug 17
      Replying to @sarthakgh @DoveyWan

      But you can't secure the computer without it being highly valuable (money/SoV)! For PoS to be secure, the coin needs to be valuable For coin to be valuable, it needs to be a SoV For it to be a SoV, it needs to be secure It's a weird circle but it can't spiral without SoVness!

      2:50 PM - 17 Aug 2018
      • 8 Likes
      • ouroboros Ryan Sean Adams Matt McCool Sar Haribhakti Brendan Bernstein arjun balaji Dovey Wan 🦖 Kacper Wikieł
      1 reply 0 retweets 8 likes
        1. New conversation
        2. Sar Haribhakti‏ @sarthakgh Aug 17
          Replying to @MustStopMurad @DoveyWan

          Ha I agree!

          1 reply 0 retweets 1 like
        3. Sar Haribhakti‏ @sarthakgh Aug 17
          Replying to @sarthakgh @MustStopMurad @DoveyWan

          Sar Haribhakti Retweeted

          This reminds me of what you & @arjunblj said regarding ETH being all touchy feely on that pod convo https://twitter.com/sarthakgh/status/1030571973619793921?s=21 …

          Sar Haribhakti added,

          This Tweet is unavailable.
          1 reply 0 retweets 0 likes
        4. arjun balaji‏ @arjunblj Aug 17
          Replying to @sarthakgh @MustStopMurad @DoveyWan

          Ethereum community wants to experiment with all this Radical Markets nonsense (unconstrained vision). Bitcoin community wants hard fucking money (constrained vision). Expanding on this in a longer post...

          2 replies 0 retweets 3 likes
        5. Sar Haribhakti‏ @sarthakgh Aug 17
          Replying to @arjunblj @MustStopMurad @DoveyWan

          Sar Haribhakti Retweeted Sar Haribhakti

          I also now think that most of what ETH big vision products are trying to do will happen eventually but later on the hard fucking moneyhttps://twitter.com/sarthakgh/status/1028430391743459328?s=21 …

          Sar Haribhakti added,

          Sar Haribhakti @sarthakgh
          Been chewing on the idea of 3rd or 4th layer of Bitcoin becoming a full fledged computing platform. No pre-mining, no token sales, etc. New OSS protocols w centralized clients battling it out on various “SMTPs”. https://twitter.com/AriDavidPaul/status/1028427106823417857 …
          Show this thread
          1 reply 0 retweets 2 likes
        6. arjun balaji‏ @arjunblj Aug 17
          Replying to @sarthakgh @MustStopMurad @DoveyWan

          Yes, this diagram from Tetras' short thesis explains it best IMO.pic.twitter.com/FyhIsvli23

          1 reply 0 retweets 1 like
        7. Sar Haribhakti‏ @sarthakgh Aug 17
          Replying to @arjunblj @MustStopMurad @DoveyWan

          Yea, reading that report gloriously confirmed my priors

          1 reply 0 retweets 2 likes
        8. arjun balaji‏ @arjunblj Aug 17
          Replying to @sarthakgh

          arjun balaji Retweeted arjun balaji

          Another good disc below this:https://twitter.com/arjunblj/status/1005897457551601665 …

          arjun balaji added,

          arjun balaji @arjunblj
          Bitcoin is a bottom up approach to hard money, Ethereum is top down. Bitcoin: - Decentralized settlement layer base - Off-chain payments layers - dApps on top (+ sidechains, swaps, etc.) Ethereum: - Turing complete world computer - Token ecosystems on top - “Value” layer last
          0 replies 0 retweets 1 like
        9. End of conversation

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