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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. Sherlock‏ @crazy_crypto Sep 13

      I love Bitcoin, but the idea that we should only have one crypto is the opposite of decentralization. It's like saying we should only have one company doing business in the world just because it does it well. Alts will continue to have their place, whether you like it or not.

      168 replies 270 retweets 1,635 likes
    2. Murad Mahmudov  🚀‏ @MustStopMurad Sep 15
      Replying to @crazy_crypto

      Currencies are not companies dude.

      1 reply 0 retweets 47 likes
    3. Sherlock‏ @crazy_crypto Sep 15
      Replying to @MustStopMurad

      No one is saying they are. That's why "it's like" was used, figure of speech. Bitcoin however could be considered a product as the definition of product means it's a thing resulting from an action or process.

      1 reply 0 retweets 1 like
    4. Murad Mahmudov  🚀‏ @MustStopMurad Sep 15
      Replying to @crazy_crypto

      Money in the *free market* tends towards winner-take-all. Gold was *the* global money at the peak of the Gold Standard in the late 1880s. One money eliminates frictions in commerce and maximizes liquidity and saleability for as many people as possible.

      2 replies 0 retweets 26 likes
    5. Sherlock‏ @crazy_crypto Sep 15
      Replying to @MustStopMurad

      Idealism. Doesn't mean it'll happen as currently we do have multiple fiat currencies around the world. But I'm also saying there will be other usecases, not just the one of a global currency or store of value. And if anything, competition could even help adding strength to BTC

      2 replies 0 retweets 0 likes
    6. Troc‏ @troc Sep 15
      Replying to @crazy_crypto @MustStopMurad

      Not winner takes all is not idealism it is realism. Idealism is saying there will be other use cases

      1 reply 0 retweets 1 like
    7. Sherlock‏ @crazy_crypto Sep 15
      Replying to @troc @MustStopMurad

      :facepalm: It can't even be an idealism if it's already here. There are already other usecases. Look at ETH and several other alts. There will be more.

      1 reply 0 retweets 0 likes
      Murad Mahmudov  🚀‏ @MustStopMurad Sep 15
      Replying to @crazy_crypto @troc

      That was just a temporary ICO / shitcoin bubble

      7:45 AM - 15 Sep 2018
      1 reply 0 retweets 0 likes
        1. New conversation
        2. Sherlock‏ @crazy_crypto Sep 15
          Replying to @MustStopMurad @troc

          https://coinsutra.com/cryptocurrencies-practical-usecases/ …

          1 reply 0 retweets 1 like
        3. Murad Mahmudov  🚀‏ @MustStopMurad Sep 15
          Replying to @crazy_crypto @troc

          Usecases != Price growth These are not stocks but monetary instruments

          1 reply 0 retweets 0 likes
        4. torus‏ @__torus Sep 15
          Replying to @MustStopMurad @crazy_crypto

          most of those usecases could theoretically be paid for with bitcoin in the future anyway; why would the average consumer hold specialized tokens instead of paying for the service at the time of use?

          0 replies 0 retweets 1 like
        5. End of conversation

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