Writer, VC, and podcaster Nic Carter joins us to talk about Balaji's bet, Operation Chokepoint 2.0, and the Fed's financial crisis.

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We're hiring across the board at Turpentine and for Erik's personal team on other projects he's incubating. He's hiring a Chief of Staff, EA, Head of Special Projects, Investment Associate, and more. For a list of JDs, check out: eriktorenberg.com.

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Podcast Info:

(0:00) Intro

(3:00) Reflections on Balaji episode 

(10:00) Coinbase and SVB

(14:00) Sponsors

(15:00) Operation chokepoint 2.0

(16:45) We find out the reason for Antonio’s circumcision

(25:00) Crypto banking crisis

(36:00) How much of crypto is new?

(38:40) Main benefits of crypto 

(47:20) Finance is politicized 

(55:00) Defining a CDBC

(1:02:00) Nic’s biggest crypto beef

(1:07:30) Nic’s take on Balaji’s bet

(1:12:30) Why crypto should vote republicans next election

(1:19:30) We’re in a financial crisis caused by the fed

(1:20:30) Our options for addressing the crisis

(1:27:00) If we were kings for a day how we’d solve it

(1:28:50) Nic would rather cut rates than raise rates

(1:30:00) AI is the U.S.’s main hope

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