BREAKDOWN: ‘If You’re Not Radicalized, You’re Not Paying Attention’ Feat. Nic Carter

Castle Island Ventures and Coin Metrics co-founder joins 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 US’ 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.