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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. Murad Mahmudov  🚀‏ @MustStopMurad Apr 29
      Replying to @EMostaque @AdamSinger and

      Did I mention EU or did I talk about Africa? 🙂 For the next 10 years, Bitcoin's enemy isn't USD or EUR. It's the tail end of all the other shitty fiat.

      1 reply 0 retweets 4 likes
    2. Arjun‏ @a_r_j_u_n_e Apr 29
      Replying to @MustStopMurad @EMostaque and

      Fair, but those countries will be subjects in the experiments around legislation and banking norms. You cannot guarantee a good outcome - you’re trying to circumvent formation of governments and institutions with code. You have no idea if it will work - who will own the outcome?

      1 reply 0 retweets 1 like
    3. Murad Mahmudov  🚀‏ @MustStopMurad Apr 30
      Replying to @a_r_j_u_n_e @EMostaque and

      Monetarily speaking, the world will be borderless. Feel free to choose to receive / store your wealth / transact in whichever currency you want. Hayek predicted all this in “Denationalization of Money” in 1976. The key here is choice, rather than violence.

      1 reply 0 retweets 1 like
    4. Arjun‏ @a_r_j_u_n_e Apr 30
      Replying to @MustStopMurad @EMostaque and

      If only it would be as simple as throwing Bitcoin into the wild

      1 reply 0 retweets 0 likes
      Murad Mahmudov  🚀‏ @MustStopMurad Apr 30
      Replying to @a_r_j_u_n_e @EMostaque and

      You can keep using fiat or whatever you’re using right now or you can receive / send a set of cryptocurrencies from an app on your phone. It’s not that hard. The cognitive shift is the hardest part.

      12:41 AM - 30 Apr 2018
      • 1 Like
      • georgevaccaro ⚡️
      1 reply 0 retweets 1 like
        1. New conversation
        2. Arjun‏ @a_r_j_u_n_e Apr 30
          Replying to @MustStopMurad @EMostaque and

          We’ve gotten off topic - I wasn’t talking about myself, talking about the ‘shitty fiat’. Bitcoin isn’t the shortcut that’ll leapfrog them into some sort of stable functioning economy - they’ll have to get there the hard way.

          1 reply 0 retweets 0 likes
        3. Murad Mahmudov  🚀‏ @MustStopMurad Apr 30
          Replying to @a_r_j_u_n_e @EMostaque and

          I agree, my point is that a stable, uninflatable, unseizable money is solid first step towards that.

          1 reply 0 retweets 1 like
        4. Arjun‏ @a_r_j_u_n_e Apr 30
          Replying to @MustStopMurad @EMostaque and

          I understand that and I understand your quoting Hayek a few times. Hayek also argued against fiat as I understand it, but offered a basket of (useful?) commodities in the place of gold. Is Bitcoin that? When liquidity demand rises, how does doing more PoW help the real economy?

          1 reply 0 retweets 1 like
        5. Arjun‏ @a_r_j_u_n_e Apr 30
          Replying to @a_r_j_u_n_e @MustStopMurad and

          In the countries where there is ‘shitty fiat’, is Bitcoin the best basket of commodities to come up with? This is all even assuming that fiat is only bad and can’t be made to work - which I disagree with, for now.

          1 reply 0 retweets 0 likes
        6. Murad Mahmudov  🚀‏ @MustStopMurad Apr 30
          Replying to @a_r_j_u_n_e @EMostaque and

          I believe Hayek’s vision translated today were private central banks issuing ‘stablecoins’ which compete on stability and reputation in the free market. I personally see Bitcoin as Digital Neo-Gold. Some believe Bitcoin will replace fiat; others believe it will make fiat ‘behave’

          1 reply 0 retweets 2 likes
        7. Arjun‏ @a_r_j_u_n_e Apr 30
          Replying to @MustStopMurad @EMostaque and

          So which one of these are you proposing for the ‘shitty fiat’ replacement?

          1 reply 0 retweets 0 likes
        8. Murad Mahmudov  🚀‏ @MustStopMurad Apr 30
          Replying to @a_r_j_u_n_e @EMostaque and

          I think we should let/watch this global free market experiment unfold. I think there will be 1-4 winners used for slightly different things.

          1 reply 0 retweets 0 likes
        9. Arjun‏ @a_r_j_u_n_e Apr 30
          Replying to @MustStopMurad @EMostaque and

          Well of course, we shall see and all that. My understanding is that you’re proposing Bitcoin as currency - somewhere - and there’s still no good arguments for how/why that’ll work.

          1 reply 0 retweets 0 likes
        10. 7 more replies

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