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Mar 31, 2020

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.