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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 Aug 17

      Murad Mahmudov  🚀 Retweeted Pierre Rochard

      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 …

      Murad Mahmudov  🚀 added,

      Pierre Rochard @pierre_rochard
      Bitcoin is for free-market Austrians Ethereum is for communist Marxists pic.twitter.com/4TeJYM3Z9S
      30 replies 56 retweets 287 likes
    2. ઽɱдгӄυȿ‏ @samisin Aug 18
      Replying to @MustStopMurad

      Don't millions of people today store their wealth in money led by inflationists?

      1 reply 0 retweets 2 likes
    3. Murad Mahmudov  🚀‏ @MustStopMurad Aug 18
      Replying to @samisin

      That’s exactly the problem and what Bitcoin seeks to change in the first place.

      2 replies 0 retweets 4 likes
    4. ઽɱдгӄυȿ‏ @samisin Aug 18
      Replying to @MustStopMurad

      I mean, the rational individual will probably always be a minority, or for a long time at least. The world won't have a truly free market, for a long time, because of ppl not being rational. So that's actually a reason to why ETH probably won't fail, no matter how bad it is...

      2 replies 0 retweets 0 likes
      Murad Mahmudov  🚀‏ @MustStopMurad Aug 18
      Replying to @samisin

      Free markets aren't about "rationality" but about lack of intervention by authorities. recommend Human Action by Mises on this.

      3:02 AM - 18 Aug 2018
      1 reply 0 retweets 0 likes
        1. New conversation
        2. ઽɱдгӄυȿ‏ @samisin Aug 18
          Replying to @MustStopMurad

          I am fully aware of that (as a fan of the writings of both Mises and Murray Rothbard), but my point being, there will be a lot of irrational people not embracing, even fighting, against a free market because they think it's something bad.

          2 replies 0 retweets 1 like
        3. Murad Mahmudov  🚀‏ @MustStopMurad Aug 18
          Replying to @samisin

          I genuinely don’t think it can last. Bitcoin is likely to protect wealth due to disinflation than any other asset in the world. Raw Greed > Morality

          0 replies 0 retweets 2 likes
        4. End of conversation

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