The Bitcoin VC Who Just Infuriated The Bitcoin World
Odd Lots
Bloomberg
4.4 • 1.6K Ratings
🗓️ 14 July 2022
⏱️ 65 minutes
🧾️ Download transcript
Summary
If you've ever interacted with hardcore Bitcoin maximalists you might find some of them, at least, to be... abrasive. And it's not just no-coiners who are the target of their scorn. The real enemies are ex-maxis, who are viewed as apostates. Nic Carter, a co-founder and GP at the VC firm Castle Island Ventures, has been a longtime Bitcoiner. He has been in the sapce for a long time. He is a prolific writer. He has extolled the monetary case for Bitcoin. And he's defended the environmental aspects of mining. But he also recently revealed an investment in a non-Bitcoin crypto company that's made him a persona non-grata in the laser eyes world. On this episode, he talks about the world of Bitcoin maximalists, why he is investing elsewhere, what they get wrong, the toxicity of their culture, and also why in spite of it all, he still considers himself a Bitcoiner.
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| 1:21.2 | Hello and welcome to another episode of the AdLots podcast. I'm Joe Wisenthal. |
| 1:26.5 | And I'm Tracy Alloway. Tracy, I have a question. Have you ever had negative encounters? |
| 1:36.7 | Have you ever had negative encounters on Twitter with people with laser eyes in their profile? |
| 1:42.8 | I'm just curious. Have you ever had that? Have you ever experienced that? |
| 1:45.9 | This reminds me of that scene from Mean Girls where they say, have you been personally |
| 1:50.1 | victimized by Regina George and everyone raises their hand? Yes, yes, Joe. I have been personally |
| 1:56.4 | victimized by laser eyes on Twitter and toxic Bitcoin maximalists. Actually, it got really bad |
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