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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. JP Koning‏ @jp_koning Apr 15

      My critique of Mark Carney's critique of central bank digital currency, or CBDC. He thinks the stuff will be dangerous, I think it could suffer from irrelevance: https://jpkoning.blogspot.ca/2018/04/critiquing-carney-critique-of-central.html …

      7 replies 23 retweets 47 likes
    2. Murad Mahmudov  🚀‏ @MustStopMurad Apr 16
      Replying to @jp_koning @Frances_Coppola

      No one in the current cryptocurrency community would use a State-issued cryptocurrency if their life depended on it.

      5 replies 1 retweet 4 likes
    3. Kiwi  🌱‏ @_decentra Apr 16
      Replying to @MustStopMurad @jp_koning @Frances_Coppola

      Current crypto community is a echo chamber and you know it. We are still little guys acting like we're going to take over the world.

      1 reply 0 retweets 1 like
    4. Murad Mahmudov  🚀‏ @MustStopMurad Apr 16
      Replying to @_decentra @jp_koning @Frances_Coppola

      It is People who collectively decide to imbue scarce objects with a monetary premium. We are those people.

      1 reply 0 retweets 3 likes
    5. (((Frances Coppola)))‏Verified account @Frances_Coppola Apr 16
      Replying to @MustStopMurad @_decentra @jp_koning

      You are a tiny minority who have frankly extreme views. Why do you think the rest of the world will agree to accept what you define as "money" in preference to what democratically-elected governments define as "money"?

      1 reply 0 retweets 1 like
    6. Murad Mahmudov  🚀‏ @MustStopMurad Apr 16
      Replying to @Frances_Coppola @_decentra @jp_koning

      Markets are better than Officials in figuring out which money, it, the Market, likes better. The current fiat system is our only choice as we are brought into this reality. Alternatives & competition is good for progress.

      1 reply 0 retweets 3 likes
    7. Murad Mahmudov  🚀‏ @MustStopMurad Apr 16
      Replying to @MustStopMurad @Frances_Coppola and

      Were you part of the vote in 1971 when Nixon decided to redesign the monetary system? Exactly.

      1 reply 0 retweets 2 likes
    8. (((Frances Coppola)))‏Verified account @Frances_Coppola Apr 16
      Replying to @MustStopMurad @_decentra @jp_koning

      As I'm British, and at the time was very young, clearly not. But then the decision to link the USD to gold and my country's currency to the USD was taken long before I was born. How far back do you want to go?

      1 reply 0 retweets 3 likes
    9. Murad Mahmudov  🚀‏ @MustStopMurad Apr 16
      Replying to @Frances_Coppola @_decentra @jp_koning

      Don’t you think experimentation and innovation of several financial units competing against each other in cyberspace is a great idea to try to build even better money?

      2 replies 0 retweets 1 like
    10. (((Frances Coppola)))‏Verified account @Frances_Coppola Apr 16
      Replying to @MustStopMurad @_decentra @jp_koning

      I do, actually. But that isn't what is going on right now. What is happening right now is an attempt by goldbugs and Austrian economic cranks to take over the monetary system. It would be the triumph of shamanism.

      1 reply 0 retweets 3 likes
      Murad Mahmudov  🚀‏ @MustStopMurad Apr 16
      Replying to @Frances_Coppola @_decentra @jp_koning

      No one is forcing anyone (like fiat does). You can participate or not out of your own free will! This is simply an alternative. You can stick to fiat, but history shows that Gold is superior to copper pieces. Similary Bitcoin is superior to previous forms.

      5:50 AM - 16 Apr 2018
      1 reply 0 retweets 0 likes
        1. New conversation
        2. (((Frances Coppola)))‏Verified account @Frances_Coppola Apr 16
          Replying to @MustStopMurad @_decentra @jp_koning

          History doesn't show any such thing, except to those who want to believe it and are therefore prepared to ignore or discount large swathes of historical evidence to the contrary - as @saifedean did.

          1 reply 0 retweets 3 likes
        3. Murad Mahmudov  🚀‏ @MustStopMurad Apr 16
          Replying to @Frances_Coppola @_decentra and

          Why do you think fiat is better than Bitcoin?

          2 replies 0 retweets 0 likes
        4. (((Frances Coppola)))‏Verified account @Frances_Coppola Apr 16
          Replying to @MustStopMurad @_decentra and

          Right now, I think that the promise of Bitcoin is being seriously degraded by the goldbug irrationality and the cultic behaviour. If you really want Bitcoin to replace the current system, ditch the cranks.

          2 replies 1 retweet 1 like
        5. Murad Mahmudov  🚀‏ @MustStopMurad Apr 16
          Replying to @Frances_Coppola @_decentra and

          Since there is so few of us, we need it to be cult-like, overconfident and overzealous to get onlookers in. But I genuinely think that Bitcoin is mathematically superior money.

          1 reply 0 retweets 0 likes
        6. (((Frances Coppola)))‏Verified account @Frances_Coppola Apr 17
          Replying to @MustStopMurad @_decentra and

          You won't achieve mass adoption by behaving like a cult. You might make a few converts, but you'll put off everyone else. Don't fool yourself that those buying Bitcoin to make a few $$$ are converts. They are profiteers, not true believers.

          2 replies 0 retweets 0 likes
        7. Murad Mahmudov  🚀‏ @MustStopMurad Apr 17
          Replying to @Frances_Coppola @_decentra and

          Many start off as profiteers, but as you learn more about the technology, you stay for it’s potential to create a world of self-sovereign individuals whose wealth cannot be arbitrarily debased by another human. I am 100% confident digital currency is the future of the world.

          1 reply 0 retweets 1 like
        8. Billy Smith‏ @billy74919063 Apr 17
          Replying to @MustStopMurad @Frances_Coppola and

          You need to find the people who are Long-Term Greedy, as they're the people who have a vested interest in making everyone prosperous. If no-one has any money, then how can they buy your products...?

          1 reply 0 retweets 0 likes
        9. Murad Mahmudov  🚀‏ @MustStopMurad Apr 17
          Replying to @billy74919063 @Frances_Coppola and

          they will have money because they will demand their employers pay them in Bitcoin.

          1 reply 0 retweets 0 likes
        10. 2 more replies

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