Nic Carter

Nic Carter is a partner at Castle Island Ventures and the cofounder of blockchain data aggregator Coinmetrics. Previously, he served as Fidelity Investments' first cryptoasset analyst.

Nic Carter

Latest from Nic Carter


Policy

Want Cleaner Bitcoin Mining? Subsidize It

Politicians who complain about bitcoin’s environmental impact should consider a little Pigovian economics.

Coinmint facility in Massena, N.Y., 2018 (Nic Carter)

Policy

Ethereum’s Design Choices Are Inherently Political

Is the blockchain headed for an inevitable conflict between the interests of holders and users? Will that help “Ethereum killers” like Solana, Avalanche and Algorand?

(Jeremy Thomas/Unsplash)

Finance

OnlyFans Shows How the Banking System Is Politicized

OnlyFans’ decision (now reversed) to ban porn reveals the arbitrary power of banks to delist products they don’t like. Neutral tech like Bitcoin offers an alternative.

Michael Dziedzic/Unsplash

Markets

Why Central Bankers Invoke Free Banking to Attack Stablecoins

If you're going to warn people about stablecoins by citing 19th century history, you should at least include the full record, says our columnist.

$5 National Gold Bank Note issued by the First National Gold Bank of San Francisco, California, 1870s.

Policy

Go West, Bitcoin! Unpacking the Great Hashrate Migration

All signals indicate the greatest shakeup in the geographic makeup of bitcoin mining since the start of the industrial mining era.

Chinese Communist Party delegates, 2020.

Policy

El Salvador Doesn't Need a Bitcoin Mandate

The Bukele administration should consider not enforcing, or eliminating, Article 7 of its new law. Let Bitcoin flourish on its own merits.

National Palace of El Salvador

Finance

The Virgin Bitcoin Fallacy

Miners have begun to promote "clean bitcoin" with guarantees on climate, KYC and and OFAC compliance. But are such coins even possible?

Bitcoin mining at the CryptoUniverse Farm, in Russia.

Markets

What Bloomberg Gets Wrong About Bitcoin's Climate Footprint

The comparison between Bitcoin and Visa's energy use, reached several highly misleading conclusions, our columnist says.

Cryptocurrency mining profits might grow faster than the price of bitcoin, due to the global shortage of computer chips.

Finance

Twitter, Trump and the 'Private Company' Fallacy

Defending deplatforming as the right of private companies assumes that truly private companies are possible. They may not be.

Cancel culture, erasing a member of community, social media censorship, new ethics

Policy

Nationalizing Stablecoins Won't Improve Financial Access

Proposals forcing stablecoin issuers to get banking licenses won't increase financial inclusion, as their proponents claim.

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