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.

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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 geopolitical
  • How 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 bitcoin
  • Why bitcoin was designed for exactly this type of moment

See also: Disruption, Money and a World of Change, Feat. Niall Ferguson

For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, IHeartRadio or RSS.

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