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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. Joseph Kunzler‏ @josephkunzler Feb 25

      Bitcoin is intended to be the "stable coin" if it's working properly. It's value should be a very predictable function of the economic activity happening on the network. If the economy is growing bitcoin value should increase steadily once it reaches the "logistic" growth phase.

      7 replies 3 retweets 10 likes
    2. Ze Super Dupont‏ @ZeSuperDupont Feb 25
      Replying to @josephkunzler

      Stability against what? What are you speaking about? When did you see the word stable in the original white paper anyway?

      1 reply 0 retweets 0 likes
    3. Ze Super Dupont‏ @ZeSuperDupont Feb 25
      Replying to @ZeSuperDupont @josephkunzler

      Economics 101: Price stability can be achieved only by pegging the supply to the demand or vice versa. BTC having a limited supply... 🤔

      1 reply 0 retweets 0 likes
    4. Murad Mahmudov  🚀‏ @MustStopMurad Feb 25
      Replying to @ZeSuperDupont @josephkunzler

      http://Getbasecoin.com 

      1 reply 0 retweets 0 likes
    5. Ze Super Dupont‏ @ZeSuperDupont Feb 25
      Replying to @MustStopMurad @josephkunzler

      A Price-Stable Cryptocurrency. But against what?

      1 reply 0 retweets 0 likes
      Murad Mahmudov  🚀‏ @MustStopMurad Feb 25
      Replying to @ZeSuperDupont @josephkunzler

      First years - USD. Later - Global CPI index (average prices of food and rent around the world).

      9:05 AM - 25 Feb 2018
      1 reply 0 retweets 0 likes
        1. New conversation
        2. Ze Super Dupont‏ @ZeSuperDupont Feb 25
          Replying to @MustStopMurad @josephkunzler

          Average price in which currency ??? Don’t you get it ?????????

          1 reply 0 retweets 0 likes
        3. Murad Mahmudov  🚀‏ @MustStopMurad Feb 25
          Replying to @ZeSuperDupont @josephkunzler

          It will simply make sure it’s pegged to an Index. As long as it still buys you 5 breads a year from now. Currency doesn’t matter at that point. Do you get it?

          1 reply 0 retweets 0 likes
        4. Ze Super Dupont‏ @ZeSuperDupont Feb 25
          Replying to @MustStopMurad @josephkunzler

          Of course it does matter! Bread will be bought in local currencies! The only way to have a global index is to peg it to a particular currency which can fluctuate against the local ones.

          2 replies 0 retweets 0 likes
        5. Murad Mahmudov  🚀‏ @MustStopMurad Feb 25
          Replying to @ZeSuperDupont @josephkunzler

          What if the breadmaker accept stablecoin as payment?

          1 reply 0 retweets 0 likes
        6. Ze Super Dupont‏ @ZeSuperDupont Feb 25
          Replying to @MustStopMurad @josephkunzler

          it would mean that all bread in the world would have the same exact price and that we all fall into a global communist society ;-)

          1 reply 0 retweets 0 likes
        7. Murad Mahmudov  🚀‏ @MustStopMurad Feb 25
          Replying to @ZeSuperDupont @josephkunzler

          It would be a weighed Index. It could cost 3.4 stablecoins in New York and 1.2 stabecoins in Thailand.

          1 reply 0 retweets 0 likes
        8. Ze Super Dupont‏ @ZeSuperDupont Feb 25
          Replying to @MustStopMurad @josephkunzler

          I give up !

          1 reply 0 retweets 0 likes
        9. Murad Mahmudov  🚀‏ @MustStopMurad Feb 25
          Replying to @ZeSuperDupont @josephkunzler

          https://en.m.wikipedia.org/wiki/Ideal_money#ICPI-Industrial_Consumption_Price_Index …

          1 reply 0 retweets 0 likes
        10. 12 more replies

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