Bitcoin Mining

Crypto Voices: Episode 54 Show support appreciated: 35iDYDYqRdN2x6KGcpdV2W1Hy3AjGje9oL Matthew & Fernando interview Nic Carter, partner at Castle Island Ventures and founder of Coin Metrics. We discuss Bitcoin in 2018 and beyond. We start with Nic's bearish (correct) call back in March, as well as social media reactions to his kidney joke if the price hits $4,000. Nic reflects on the correct theoretical positions from the Bitcoin Core side 3-4 years ago, as the layered approach is now working and adopted more and more each day. We ask if the legacy systems of Visa, Mastercard, Fedwire, etc. are correct comparisons to Bitcoin's system. Nic comments on Ethereum, Ripple, and EOS in this context as well. Nic continues on Bitcoin's "full stack" approach as a currency and payment system that's self-sovereign, and speaks to other projects' trade-offs in this regard. He speaks to proof-of-work and its tendency to consolidate on the dominant chain. We discuss other great articles that Nic has written, such as Bitcoin's ontology and its identity as a currency/payment provider/social consensus system. Nic discusses the pros and cons of alternative implementations on Bitcoin. We take a look at the monetary policy of Bitcoin. Is it really inflationary? Is it more like authorized and issued corporate stock, where the totals are generally known? Will bitcoin ever become a unit of account under such a system? Will bitcoin ever become a global settlement asset among major institutions? What about Bitcoin's security model? Will it boil the oceans, and has Nic in his VC role found a company that can save us? Listen on to learn more. Links for more info: https://twitter.com/nic__carter http://www.castleisland.vc/ https://coinmetrics.io/ https://medium.com/@nic__carter/transaction-count-is-an-inferior-measure-fba2d5ac97f1 https://medium.com/s/story/what-is-it-like-to-be-a-bitcoin-56109f3e6753 https://medium.com/@nic__carter/digesting-quantification-of-energy-and-carbon-costs-for-mining-cryptocurrencies-1f019e10fad4 Hosts: Matthew Mežinskis, Fernando Ulrich Music: New Friend Music newfriendmusic.com/ Site: cryptovoices.com/ Podcast & Information Cryptoeconomics & Liberty Thanks for listening! Show content is not investment advice in any way.