‘œMoney might be the only case where you desperately need to radically decentralise the set of people who can create and have influence over the creation schedule.’
‘” Nic Carter
Interview location: Skype
Interview date: Wednesday 10th October 2018
Union Square Ventures posted a blog post this week titled The Myth of the Infrastructure Phase, shining a light on the imbalance between infrastructure work in crypto and DApp usage. There is an abundance of blockchain scaling projects, alternative currencies and governance protocols but a distinct lack of users. Why is this? Are people solving problems which do not exist? Is this a speculative land grab? How will this all play out?
In this interview, I talk to Nic Carter, a partner at Castle Island Ventures, who invest in equity deals for companies building on public blockchains, specifically Bitcoin.
We question a number of crypto related topics including:
The obsession with blockchains
What is the point of on-chain governance
Whether the web 3.0 stack is a thing
Realised cap as an economic model for Bitcoin
This episode is also on: