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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. panek‏ @panekkkk Aug 24

      What’s the difference between i) a SOV with minimal utility & ii) a SOV with maximal utility? The former must convince you to buy. The latter leaves you no choice.

      3 replies 5 retweets 29 likes
    2. Phil Bonello‏ @PhilJBonello Aug 24
      Replying to @panekkkk

      What is the difference between i) a SOV with fixed supply & ii) a SOV with an undetermined supply? The former will become a money, while the latter will follow in the footsteps of rai stones, silver, sea shells, copper, salt, Bolivar, and lira. 🙃

      2 replies 0 retweets 3 likes
    3. panek‏ @panekkkk Aug 24
      Replying to @PhilJBonello

      This assumes supply for an asset will always be undetermined. Given how dynamic these sys are, I welcome flexibility until tech matures and an optimal solution becomes clear. Both approaches can work and have pros/cons. “Religious fixed” can be catastrophic if it fails.

      1 reply 0 retweets 5 likes
    4. Phil Bonello‏ @PhilJBonello Aug 24
      Replying to @panekkkk

      Yes, and the original tweet assumes some specific contextual definition for utility which is surely not all encompassing.

      1 reply 0 retweets 0 likes
      Murad Mahmudov  🚀‏ @MustStopMurad Aug 25
      Replying to @PhilJBonello @panekkkk

      The fact that monetary policy is even up for discussion is a threat and means that you’ve already lost

      5:56 AM - 25 Aug 2018
      • 1 Like
      • ouroboros
      1 reply 0 retweets 1 like
        1. New conversation
        2. Murad Mahmudov  🚀‏ @MustStopMurad Aug 25
          Replying to @MustStopMurad @PhilJBonello @panekkkk

          Even if you go according to your logic, the ideal path is to start fixed, and do everything in your power to make fixed work, and only if it absolutely doesn’t work, add tiny fixed reward, not vice versa.

          1 reply 0 retweets 2 likes
        3. panek‏ @panekkkk Aug 25
          Replying to @MustStopMurad @PhilJBonello

          You can’t add inflation no matter how small if you preach about the virtues of fixed and don’t have a governance process in place.

          0 replies 0 retweets 0 likes
        4. End of conversation

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