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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 18

    Most cryptocurrency space newcomers and “thought leaders” overestimate Smart Contract platforms and underestimate Bitcoin as the biggest blockchain of the future. People are overapplying SV / SF / VC / Startup ideas and underapplying Sound Money / Austrian economics ideas.

    7:14 AM - 18 Apr 2018
    • 84 Retweets
    • 300 Likes
    • Hakeron Mike Burry Sjmaliz Jeremy Welch ⚡️ Phil Geiger VA✝️_CI✝️Y 🔺🔺🔺|🔺🔺 Arron Josh Rider
    14 replies 84 retweets 300 likes
      1. New conversation
      2. Tushar Jain‏ @TusharJain_ Apr 18
        Replying to @MustStopMurad

        They are two opposing views of the world. View 1 is to build something that retains value very well and expect people to use it. View 2 is to build something that people use and expect it to retain value. Top down vs bottom up.

        3 replies 3 retweets 25 likes
      3. Murad Mahmudov  🚀‏ @MustStopMurad Apr 18
        Replying to @TusharJain_

        1/ I think the thing that becomes Money has ALMOST NOTHING to do with amount of dApps it can fuel, and everything to do with inflation and security. It’s simply irrational to store your wealth in something with 4% inflation when something has 0.4% inflation.

        2 replies 0 retweets 7 likes
      4. Murad Mahmudov  🚀‏ @MustStopMurad Apr 18
        Replying to @MustStopMurad @TusharJain_

        2/ Even if ETH is neccessary for 1000 of the best and coolest dApps in the world, I can just buy some tickets at the “entrance to the fair”, so to speak. In that future my wallet would look like 95% sound money 5% fuelcoin, at best.

        3 replies 1 retweet 8 likes
      5. Murad Mahmudov  🚀‏ @MustStopMurad Apr 18
        Replying to @MustStopMurad @TusharJain_

        3/ This philosophy is like saying Laptops are a better SoV than Gold. No, I will keep my wealth in Gold and buy these Laptops / Swiss Knives / disposable Oil commodities whenever needed.

        1 reply 0 retweets 9 likes
      6. Murad Mahmudov  🚀‏ @MustStopMurad Apr 18
        Replying to @MustStopMurad @TusharJain_

        4/ Especially given the fact that the switch will be more and more closer to instantaneous and frictionless in the future.

        2 replies 0 retweets 6 likes
      7. Murad Mahmudov  🚀‏ @MustStopMurad Apr 18
        Replying to @MustStopMurad @TusharJain_

        5/ Use-value in and of itself has never been an crucial characteristic of money. Silver is used in 100 industries, but Gold is used in just a few. And yet, the former is 17B and the latter 7T. Civilization imbued the latter with a monetary premium because it’s harder to inflate

        1 reply 0 retweets 7 likes
      8. Murad Mahmudov  🚀‏ @MustStopMurad Apr 18
        Replying to @MustStopMurad @TusharJain_

        6/ I also don’t think “which coin gets someone into crypto” matters. Eventually a teenage Mongolian ETH holder will realize that this other coin is more deflationary, secure, decentralized, immutable, irreversible and censorship-resistant.

        0 replies 0 retweets 8 likes
      9. End of conversation
      1. New conversation
      2. Patrick Dugan‏ @duganist Apr 18
        Replying to @MustStopMurad

        But also people are over-applying Austrian economics ideas.

        1 reply 0 retweets 1 like
      3. Murad Mahmudov  🚀‏ @MustStopMurad Apr 18
        Replying to @duganist

        I guess we will see what the markets end up deciding ultimately. I think Austrian economics shines in the “wild” world of unfeterred free marker cyberspace, with no state decrees and legal tenders.

        1 reply 0 retweets 6 likes
      4. Patrick Dugan‏ @duganist Apr 18
        Replying to @MustStopMurad

        Yeah I don't disagree I'm just really focused on bringing people crypto-fiat in a sustainable way based on what we can take from wholesale finance since the 1980s.

        0 replies 0 retweets 0 likes
      5. End of conversation
      1. Bolsonaro 17 | Witzel 20‏ @CriptoRafael Apr 18
        Replying to @MustStopMurad

        Yes... Smart contracts are disruptive, but so are cryptocurrencies. People hasn't realized the full impact of a decentralized money. Government will lose power. Fractionary system will disappear. Read #mises

        0 replies 0 retweets 3 likes
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      1. Alex Hardy  🦊‏ @CantHardyWait Apr 18
        Replying to @MustStopMurad @mwilcox

        Most but not all.

        0 replies 0 retweets 2 likes
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      1. New conversation
      2. Eduardo Bitcoin‏ @eduardobitcache Apr 18
        Replying to @MustStopMurad

        And in about 2 years bitcoin will have smart contracts built on top of the LN so the rest, including ethereum, will be shitcoins.

        3 replies 0 retweets 2 likes
      3. 1 more reply
      1. Alfonso Mariano‏ @Mrbitscoins Apr 19
        Replying to @MustStopMurad @BryceWeiner

        Exactly and with rootstalk game over

        0 replies 0 retweets 1 like
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      1. Francis Jervis‏ @f_j_j_ Apr 18
        Replying to @MustStopMurad

        Would you like to talk on DM about this for an academic article? Can be published anonymously or not, as you wish!

        0 replies 0 retweets 1 like
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      1. New conversation
      2. Zvi‏ @nivertech Apr 19
        Replying to @MustStopMurad

        “the biggest Blockchain of the future” Can you lend me your crystal ball 🔮 ? Who’s said there is Blockchains in the future? Even if Blockchain will be used in the future (which I doubt), who said it will be Bitcoin?

        1 reply 0 retweets 0 likes
      3. Dunce‏ @bryptopia Apr 20
        Replying to @nivertech @MustStopMurad

        😑

        0 replies 0 retweets 1 like
      4. End of conversation
      1. CRYPTOONEDAY‏ @CRYPTOONEDAY Apr 20
        Replying to @MustStopMurad @_Kevin_Pham

        Amen ethereum is the most hyped tech in the history of blockchain! But what have they really accomplished so far? Ethrreun can’t be a smart contract when one person dictates everything! If 🤷🏾‍♀️🤷🏾‍♀️

        0 replies 0 retweets 0 likes
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