Nic Carter
Nic Carter is a partner at Castle Island Ventures, a venture firm focused on public blockchains. He also created Coinmetrics, a site that provides key metrics for crypto assets.
Nic Carter on USD Coin
USD Coin reviews by Nic Carter
All USD Coin reviews by expert Nic Carter.
- 2020
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Nic Carter on USD Coin Partner at Castle Island VC and Co-founder of Coinmetrics
USDC might claim that it's playing nice but it's exploiting a arb between cosplaying as regulated and actually being regulated. they haven't blacklisted an address yet. it's effectively permissionless (with all the issues that inculcates) until regulators wake up.
Full review2020-01-26
- 2018
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I in person witnessed CB execs lobbying regulators with lies (“China controls bitcoin” “PoW is an environmental disaster”) and pushing USDC instead. And inviting heavy regulation which will cull all competitors. I know what’s going on pal.
The narrative was "bitcoin is just one of 2000 cryptos" again his words and "USDC leverages powerful blockchain tech to make money programmable". And in the recent op ed they're implicitly referring to USDC not BTC as the new global reserve.
Full review2018-12-20