Castle Island Ventures and Coin Metrics co-founder Nic Carter joins @NLW to discuss cascading crises, crypto dollarization and the state of the bitcoin narrative.
In this wide-ranging discussion, Castle Island Ventures founding partner and Coin Metrics co-founder Nic Carter joins @NLW to discuss:
Why corporations weren’t adequately prepared for any serious economic trouble, much less a global pandemic Why government backstopping the corporations leads to inappropriate risk taking How stock buybacks became a boogeyman of the current crisis Why the crisis is actually four crises in one: health, economic, financial and geopoliticalHow COVID-19 could accelerate the U.S.’ withdrawal from the world and China stepping into the void Why the response to the handling of COVID-19 could lead some to authoritarianism How stablecoins are allowing global market exposure to the world’s most in-demand currency: the USD Why stablecoins and central bank digital currencies look the same but are functionally opposite Why a “naive safe haven” narrative was never correct for bitcoinWhy bitcoin was designed for exactly this type of momentDisclosure Read More
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