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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. Spencer Noon  🕛‏ @spencernoon Sep 6

      0/ Sound Money Sound-Off Bitcoin has a great chance of becoming Gold 2.0 and a digital Store of Value but it has just about a near-zero chance of becoming money and certainly not in our lifetimes.

      12 replies 22 retweets 101 likes
      Show this thread
    2. Spencer Noon  🕛‏ @spencernoon Sep 6

      1/ Sovereign states issue money. Wars are fought over money. Militaries use violence and acts of terror over money. Innocent people die over money.

      2 replies 3 retweets 19 likes
      Show this thread
    3. Spencer Noon  🕛‏ @spencernoon Sep 6

      2/ If you are betting on Bitcoin becoming money, you are strapping yourself in for warfare and violence. What do you think the odds are that Bitcoin people overthrow all of the world’s governments and create global money?

      4 replies 2 retweets 15 likes
      Show this thread
    4. Spencer Noon  🕛‏ @spencernoon Sep 6

      3/ We can’t meme our way to becoming money—new money can only emerge after violence and bloodshed.

      8 replies 3 retweets 17 likes
      Show this thread
    5. Spencer Noon  🕛‏ @spencernoon Sep 6

      4/ Because Bitcoin’s application is simply value, governments aren’t going to be fooled. If it walks like a duck and quacks like a duck, it’s going to be banned and it’s going to get ugly.

      4 replies 1 retweet 13 likes
      Show this thread
    6. Spencer Noon  🕛‏ @spencernoon Sep 6

      5/ We all want Bitcoin to become money, including me(!)—but the path to becoming money is just as important as the qualities of money itself.

      1 reply 1 retweet 13 likes
      Show this thread
    7. Spencer Noon  🕛‏ @spencernoon Sep 6

      6/ This is a major blind spot for some investors who are out of touch with reality. Probabilistically—of course Bitcoin has a chance, but a cryptocurrency with different properties could fly under the radar with governments because it’s less of a target (see: a Trojan Horse).

      6 replies 1 retweet 13 likes
      Show this thread
    8. Spencer Noon  🕛‏ @spencernoon Sep 6

      7/ So yes—Bitcoin is the winner of the Sound Money debate, let’s all stop talking about it, but winning that debate is only one piece of the picture and missing the point almost entirely. The major battle is not even close to being fought yet. Disclosure: diversified portfolio

      8 replies 1 retweet 28 likes
      Show this thread
      Murad Mahmudov  🚀‏ @MustStopMurad Sep 6
      Replying to @spencernoon

      You have now moved from "other coins are better than BTC as SoV" stage to "Governments will ban it so it won't work" stage. Getting warmer. Both BTC and ETH, as well as all the others are at risk of Government attack... but BTC is hardest to kill so has highest chances of winning

      10:42 AM - 6 Sep 2018
      • 11 Likes
      • Victor Erem Kevin Grimm Marcel Trader Brazil girevik Psycho Sage Dan Hedl Tobias A Huber SpookyAndCryptic Pierre Rochard
      2 replies 0 retweets 11 likes
        1. New conversation
        2. Pierre Rochard‏ @pierre_rochard Sep 6
          Replying to @MustStopMurad @spencernoon

          And full currency subsitution can happen without war, an economic crisis can suffice: https://en.m.wikipedia.org/wiki/Currency_substitution … long history of governments that lacked monetary sovereignty, I’d be they were more peaceful too

          2 replies 0 retweets 9 likes
        3. Tobias A Huber‏ @TobiasAHuber Sep 6
          Replying to @pierre_rochard @MustStopMurad @spencernoon

          In the case of hyperbitcoinization, governments will likely respond in different ways. While some governments might attempt to censor or regulate it, others might—driven by jurisdictional competition—adapt to bitcoin. The Sovereign Individual outlines several potential scenarios:pic.twitter.com/7xeBXlYbDT

          0 replies 0 retweets 3 likes
        4. End of conversation
        1. New conversation
        2. Ryan Hurley‏ @RyanHurley2 Sep 6
          Replying to @MustStopMurad @spencernoon

          How does one go about banning bitcoin? Where does the bloodshed come from? Definitely not from bitcoiners. Banning is clearly difficult. Violence is not. The state will have to use the media as a propganda machine to persuade the public that bitcoiners are violent

          1 reply 0 retweets 0 likes
        3. Ryan Hurley‏ @RyanHurley2 Sep 6
          Replying to @RyanHurley2 @MustStopMurad @spencernoon

          Even then if the state is able to do that they will then have to arrest bitcoin owners & likely their family/friends. In a world where everything is recorded & government distrust is at all time levels & likely would happen in a time of high inflation would the public play along?

          1 reply 0 retweets 0 likes
        4. Ryan Hurley‏ @RyanHurley2 Sep 6
          Replying to @RyanHurley2 @MustStopMurad @spencernoon

          Ironically the state would then choose to hold the BTC they are able to confiscate, making it even more desirable to hold and find protection. It’s possible the government will use violence to take it but that almost makes it more likely to be the reserve, albeit violently.

          0 replies 0 retweets 0 likes
        5. End of conversation

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