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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. igobyplane‏ @igobyplane Sep 13
      Replying to @steviezollo

      yeah and usd & gold would both be superior to it in almost every way in the scenario in ven/zim. gen block doesn't cite zim scenario - cites bank bailout! again, supposed to compete with fiat and gov econ influence - not gold.

      1 reply 0 retweets 0 likes
    2. Stevie Zollo  ⚡️‏ @steviezollo Sep 13
      Replying to @igobyplane

      Good luck trying to buy USD or gold in those hyperinflated situations 🙂 And the 21m limit along with several statements made by Satoshi support the idea that it did intend to compete with gold from the very beginning.

      3 replies 0 retweets 1 like
    3. igobyplane‏ @igobyplane Sep 13
      Replying to @steviezollo

      not any less/more hard than BTC? still missing point that it is not for that use case but overall outcompete with fiat, again, gen block was about a western bank bailout of a rather stable currency/critique of frac banking and gov power - not hyperinflation scenario

      1 reply 0 retweets 0 likes
    4. Stevie Zollo  ⚡️‏ @steviezollo Sep 13
      Replying to @igobyplane

      You're right, it is to compete against fiat, but the two use-cases aren't mutually exclusive. It being used mostly for speculation doesn't negate the potential for a reliable store of value. Check this excellent infographic by @MustStopMurad.pic.twitter.com/tfMXrhTTFh

      1 reply 0 retweets 1 like
    5. igobyplane‏ @igobyplane Sep 13
      Replying to @steviezollo @MustStopMurad

      speculation doesn't stop that - but it does retard adoption and use and devolves crypto into a speculating/trading/toy no different than beanie babies. and this infographic is something someone completely made up, which i believe no currency in history has even followed.

      1 reply 0 retweets 0 likes
    6. Murad Mahmudov  🚀‏ @MustStopMurad Sep 13
      Replying to @igobyplane @steviezollo

      no, this is exactly the path Gold followedhttps://medium.com/@vijayboyapati/the-bullish-case-for-bitcoin-6ecc8bdecc1 …

      1 reply 0 retweets 2 likes
    7. igobyplane‏ @igobyplane Sep 13
      Replying to @MustStopMurad @steviezollo

      i think this is a myth-'gold was just so good lots of ppl began using it-then more!' ill again note if BTCs wp was a SoV system that it would sound like a scam. gold was money bcs kings decreed it-like states decree money today-4 the purpose of being able to collect taxes in it!

      1 reply 0 retweets 0 likes
    8. Murad Mahmudov  🚀‏ @MustStopMurad Sep 13
      Replying to @igobyplane @steviezollo

      Gold was chosen as money before it had the highest stock-to-flow ratio of all objects in the world Bitcoin’s is even better. Read “The Bitcoin Standard” by Saifedean Ammous

      2 replies 0 retweets 2 likes
    9. Murad Mahmudov  🚀‏ @MustStopMurad Sep 13
      Replying to @MustStopMurad @igobyplane @steviezollo

      people prefer their cash to be price-stable BTC isn’t going to be even mildly stable before its saturated as a SoV

      1 reply 0 retweets 0 likes
    10. igobyplane‏ @igobyplane Sep 13
      Replying to @MustStopMurad @steviezollo

      y would i use bit as SoV when it's massively volatile w/little utility beyond speculation, & when i have access to usd &gold? who is using it as a SoV? everyone expecting it 2 make them rich-purpose of SoV is 2 prevent loss of purch power-not make u rich-keep u from getting poor!

      1 reply 0 retweets 0 likes
      Murad Mahmudov  🚀‏ @MustStopMurad Sep 13
      Replying to @igobyplane @steviezollo

      do you think Gold was perfectly stable 9 years into its discovery?

      1:14 PM - 13 Sep 2018
      • 3 Likes
      • Misir Mahmudov Stevie Zollo ⚡️ Stop Groupthink 🌪
      2 replies 0 retweets 3 likes
        1. New conversation
        2. igobyplane‏ @igobyplane Sep 13
          Replying to @MustStopMurad @steviezollo

          i still don't see the case for the store of value only/first story at all - still sounds like a scam. why would i need it if USD and gold are available? with greater stability and history as SoV, particularly gold?

          1 reply 0 retweets 0 likes
        3. Murad Mahmudov  🚀‏ @MustStopMurad Sep 13
          Replying to @igobyplane @steviezollo

          it’s all about the rate of printing. USD supply expands at 6.2% per year while Bitcoin is already 3.8% per year and going lower every 10 minutes (and sharply every 4 years). The fact that no one can ever print more than 21,000,000 Bitcoins makes them very precious. BTC > Fiat.

          2 replies 0 retweets 3 likes
        4. Murad Mahmudov  🚀‏ @MustStopMurad Sep 13
          Replying to @MustStopMurad @igobyplane @steviezollo

          Gold is around 1.7%, by the year 2028 BTC will be even lower than Gold. ***This is the most important aspect***

          1 reply 0 retweets 0 likes
        5. Murad Mahmudov  🚀‏ @MustStopMurad Sep 13
          Replying to @MustStopMurad @igobyplane @steviezollo

          DM me your email and I’ll send you a book about all of this :)

          2 replies 0 retweets 1 like
        6. igobyplane‏ @igobyplane Sep 16
          Replying to @MustStopMurad @steviezollo

          you only have tweets, even after following i don't appear to have the ability to DM you directly.

          1 reply 0 retweets 0 likes
        7. Murad Mahmudov  🚀‏ @MustStopMurad Sep 16
          Replying to @igobyplane @steviezollo

          open

          0 replies 0 retweets 0 likes
        8. End of conversation
        1. igobyplane‏ @igobyplane Sep 13
          Replying to @MustStopMurad @steviezollo

          in a society where it was dictated to be money, relatively, with the biggest swings due to finding new sources whether deposits or raping and pillaging the gold from neighbors.

          0 replies 0 retweets 0 likes
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