July 14, 2022· 61 min

The Bitcoin VC Who Just Infuriated The Bitcoin World

Nic Carter

Orality

Model

50%

Speaker Breakdown

HostTracy Alloway(2,604 words)

M:29%

HostJoe Weisenthal(1,625 words)

M:30%

GuestNic Carter(6,790 words)

M:28%

Oral Indicators

Agonistic46%

literally, completely, terrible

Engagement76%

you, our, your

Memory Aids100%

listen, now, well

Repetition100%

like (295x), know (197x), bitcoin (123x)

Parallelism92%

And I'm Tracy Allowayet...., And everyone raises their hand..., But last year, I tweeted a cha...

Sound Patterns56%

67 question(s), alliteration: "markets move", alliteration: "barclays brief"

Formulaic Phrases8%

at the end of the day, you know what, i mean

Literate Indicators

Hedging4%

may, could, maybe

Passive Voice4%

was released, is focused, been sacrificed

Abstract Nouns20%

investment, recommendation, business

Subordination5%

because, while, since

Sentence Length42%

Avg: 15.6 words/sentence

Word Complexity47%

investment, analyze, anticipate

Academic Markers0%

Impersonal Style24%

901 personal pronouns found

Descriptive Style100%

literally, completely, apply

Description

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. See omnystudio.com/listener for privacy information.

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