Murad Mahmudov, the well-known Bitcoin maximalist, is back in the spotlight, but this time with a different focus. While he used to be a staunch advocate for Bitcoin, recently he has been exploring other ideas and assets in the crypto space.
In the past, Murad was known for his unwavering belief in Bitcoin as the soundest and hardest currency ever invented. However, his recent posts and musings indicate a shift in his perspective. He has been discussing concepts like wrapped Bitcoin assets on other blockchains and even delving into the world of meme coins.
One of Murad’s recent tweets suggests that he is exploring new investment opportunities, including assets like PEPE and GIGA, and even advocating for investing in “cults.” This departure from traditional Bitcoin maximalism has caught the attention of many in the crypto community.
While some may see Murad’s new direction as controversial, there is a compelling argument to be made that one’s belief in Bitcoin does not necessarily preclude them from engaging in financial speculation. It is ultimately a personal choice, separate from the core technology of Bitcoin.
Murad’s current thesis revolves around two key trends: the rise of Bitcoin as the dominant global asset and the gradual collapse of the crypto VC ecosystem. He believes that Bitcoin is severely undervalued and will eventually emerge as the sole surviving crypto asset. Simultaneously, he predicts the downfall of altcoins as retail investors flock to random meme coins.
In the midst of these conflicting trends, Murad sees an opportunity for profit and amusement in the chaotic world of crypto. While some may find his new direction perplexing, others see it as a bold and strategic move in a rapidly evolving industry.
As Murad continues to explore these unconventional ideas, it will be interesting to see how his thesis plays out in the ever-changing landscape of cryptocurrency. Stay tuned for more updates from this enigmatic figure in the crypto space.