Questioning the Obsession with Blockchains and On-Chain Governance with Nic Carter
Interview location: Skype
Interview date: Wed, 10th October 2018
Company: Castle Island Ventures
Role: Partner
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? And how will this all play out?
In this interview, I talk to Nic Carter, a partner at Castle Island Ventures, who has publicly declared their investment thesis focuses on equity deals for companies building on public blockchains, specifically Bitcoin.
I put to Nic a number of areas I am struggling with on token projects and we discuss:
- Token models
- The obsession with blockchains
- What is the point of on-chain governance
- Whether the web 3.0 stack is a thing
- Mining centralisation
- Bitcoin privacy
- Realised cap as an economic model for Bitcoin
-----
If you enjoy The What Bitcoin Did Podcast you can help support the show my doing the following:
Become a Patron and get access to shows early or help contribute
Make a tip:
Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2S
QR Codes: Bitcoin | Ethereum | Litecoin | Monero | ZCash | Ripplecoin
If you do send a tip then please email me so that I can say thank you
Subscribe on iTunes | Spotify | Stitcher | SoundCloud | YouTube | TuneIn | RSS Feed
Leave a review on iTunes
Share the show and episodes with your friends and family
Subscribe to the newsletter on my website
Follow me on Twitter Personal | Twitter Podcast | Instagram | Medium | YouTube
If you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.