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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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    Murad Mahmudov  🚀‏ @MustStopMurad Apr 14

    1/ Bitcoin will usher an era of unprecedented peace and prosperity.

    6:55 PM - 14 Apr 2018
    • 592 Retweets
    • 1,457 Likes
    • Sying Hsing Coin King Stackin’ Sats only BITCOIN Bitcoin News App Jukka Haapasaari Noah Potter CoinMuha - CryptoNews ZZ
    60 replies 592 retweets 1,457 likes
      1. New conversation
      2. Murad Mahmudov  🚀‏ @MustStopMurad Apr 14

        2/ A modern variant of European 'La Belle Epoque' of 1871-1914, when the peak of the Gold standard put some semblance of a cap on State power. Money is Power. Bitcoin is the Neo-Gold standard.

        3 replies 36 retweets 266 likes
        Show this thread
      3. Murad Mahmudov  🚀‏ @MustStopMurad Apr 14

        3/ Wars, wars on drugs, torture prison networks, mass Foucaldian panopticon-like surveillance machines, military-industrial complexes, prison-industrial complexes etc...

        1 reply 25 retweets 183 likes
        Show this thread
      4. Murad Mahmudov  🚀‏ @MustStopMurad Apr 14

        4/ ...all become *significantly* more expensive if you have to pay punishers’ salaries with scarce gold bricks (bitcoin) rather than infinitely printable (read: stolen) fiat money.

        4 replies 31 retweets 287 likes
        Show this thread
      5. Murad Mahmudov  🚀‏ @MustStopMurad Apr 14

        5/ For better or worse, systems like social security, medicare and medicaid will collapse as well. Thousands of commercial banks globally will collapse as well.

        3 replies 23 retweets 197 likes
        Show this thread
      6. Murad Mahmudov  🚀‏ @MustStopMurad Apr 14

        6/ Cryptocurrencies make vanilla taxation, inflation taxation and fractional reserve banking either significantly more difficult or entirely impossible.

        7 replies 24 retweets 201 likes
        Show this thread
      7. Murad Mahmudov  🚀‏ @MustStopMurad Apr 14

        7/ Prepare to enter a hypercapitalistic, hypercompetitive, decentralized, borderless world of unstoppable commerce, where the power of governments is cut in half, and the power of sovereign individuals is doubled.

        9 replies 110 retweets 445 likes
        Show this thread
      8. Murad Mahmudov  🚀‏ @MustStopMurad Apr 14

        8/ Deluded people who use ridiculous and laughable terms like “post-capitalism” don’t know what they’re talking about. Capitalism is only just beginning. This is the first reemergence of truly ‘free markets’ since pre-Babylonian, primitive times.

        3 replies 48 retweets 292 likes
        Show this thread
      9. Murad Mahmudov  🚀‏ @MustStopMurad Apr 14

        9/ Because as long as the State has a monopoly on money creation, no market is ‘free’. Cryptography is a weapon. Marxism is Totalitarian slavery. Capitalism is unrestricted Freedom.

        9 replies 45 retweets 274 likes
        Show this thread
      10. Murad Mahmudov  🚀‏ @MustStopMurad Apr 14

        10/ Thankfully the fabric of reality itself is an anarchic, libertarian leaning structure at equilibrium. Nothing can ever be successfully top-down centrally planned in the long run. Only free will, human action and markets can point us in the direction of growth.

        2 replies 36 retweets 232 likes
        Show this thread
      11. Murad Mahmudov  🚀‏ @MustStopMurad Apr 14

        11/ When (not if) some Asian central bank or a large sovereign wealth fund announces they put 5% of their reserves into a basket of blue-chip cryptocurrencies, the world will never the same again.

        4 replies 63 retweets 299 likes
        Show this thread
      12. Murad Mahmudov  🚀‏ @MustStopMurad Apr 14

        12/ Bitcoin is a profound Economic Rennaisance, falsely wrapped in a Tech Bubble, itself falsely wrapped in a Get-Rich-Quick Scheme. The complete takeover success of cryptocurrencies is inevitable destiny. It is mathematically inescapable. Once you see this, you can't unsee it.

        32 replies 271 retweets 841 likes
        Show this thread
      13. End of conversation
      1. New conversation
      2. Iñigo‏ @luna1999 Apr 15
        Replying to @MustStopMurad

        I agree, but worry about the transition. Change is traumatic, and no one knows the depth of the coming crisis.

        2 replies 1 retweet 19 likes
      3. Murad Mahmudov  🚀‏ @MustStopMurad Apr 15
        Replying to @luna1999

        No pain, no gain. Surely decades of malinvestment and hyperindebtedness will have to paid for by some upcoming losing parties. It will get worse before it gets better. But crypto will have it’s birthplace in the middle of the next big economic crisis.

        2 replies 2 retweets 51 likes
      4. Iñigo‏ @luna1999 Apr 15
        Replying to @MustStopMurad

        Correct, crypto is the medicin, not the illness, but I insist we must pay attention and work to lessen the suffering. Otherwise we risk never seeing through to the other side.

        1 reply 1 retweet 11 likes
      5. Murad Mahmudov  🚀‏ @MustStopMurad Apr 15
        Replying to @luna1999

        My goal is to make a contribution towards making the transition *slightly less* painful.

        1 reply 1 retweet 26 likes
      6. Murad Mahmudov  🚀‏ @MustStopMurad Apr 15
        Replying to @MustStopMurad @luna1999

        Let's think critically here: Somebody who makes and sells Bread or Milk, or writes computer code at Google, won't suffer as much -- just accept new type of money. Somebody who creates money from thin air, and then lends it (Big commercial banks) -- will suffer.

        2 replies 3 retweets 43 likes
      7. Iñigo‏ @luna1999 Apr 15
        Replying to @MustStopMurad

        Not so sure. In a deep economic crisis everybody but a few suffer: famines happen, wars are started, crime rises, people die. Re-routing the economy takes time.

        2 replies 0 retweets 16 likes
      8. Murad Mahmudov  🚀‏ @MustStopMurad Apr 15
        Replying to @luna1999

        You think the crisis will be *that* bad? I had a vision of an economic recession, but not famine-level.

        4 replies 0 retweets 8 likes
      9. Fontaine  ⚡️‏ @F0nta1n3 Apr 15
        Replying to @MustStopMurad @luna1999

        The transition will result in famine, desperation and death for many. What we need is gradual change, let's not be quite so extreme. Fiat as bad as it is has immensely improved the standard of living for the world. Let's not get too carried away, let's aim for gradual change.

        2 replies 0 retweets 12 likes
      10. 8 more replies
      1. New conversation
      2. AwyeeBitcoin‏ @DeaterBob Oct 1
        Replying to @MustStopMurad

        If a country is using hard money and is restricted a far as raising funds for emergency military spending they will be at a disadvantage against a country that is currently getting away with printing money to fund their military, right?

        1 reply 0 retweets 0 likes
      3. Murad Mahmudov  🚀‏ @MustStopMurad Oct 1
        Replying to @DeaterBob

        Unless there is a new invention that strips *all* nations of their currency monopoly at approximately the same time and approximately to the same extent. At that point taxation is the only way to raise funds, which is politically more difficult than stealth tax via printing.

        2 replies 0 retweets 3 likes
      4. Murad Mahmudov  🚀‏ @MustStopMurad Oct 1
        Replying to @MustStopMurad @DeaterBob

        At that point, if you raises taxes too much, you disincentivize your best and brightest of being / living / working / inventing / producing there. Governments are forced to then become more fiercely competitive to retain best individuals, otherwise they leave.

        1 reply 0 retweets 3 likes
      5. Murad Mahmudov  🚀‏ @MustStopMurad Oct 1
        Replying to @MustStopMurad @DeaterBob

        Bitcoin is both unprintable and increasingly untaxable. 200 nations could become ~5000 privately owned competitive microstates.

        0 replies 1 retweet 2 likes
      6. End of conversation

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