In this wide-ranging discussion, Castle Island Ventures founding partner and Coin Metrics co-founder Nic Carter joins @NLW to discuss:

• Why corporations weren’t adequately prepared for any serious economic trouble, much less a global pandemic 
• Why government backstopping the corporations leads to inappropriate risk-taking 
• How stock buybacks became a boogeyman of the current crisis 
• Why the crisis is actually four crises in one: health, economic, financial, and geopolitical
• How Covid-19 could accelerate the US’ withdrawal from the world and China stepping into the void 
• Why the response to the handling of Covid-19 could lead some to authoritarianism 
• How stablecoins are allowing global market exposure to the world’s most in-demand currency: the USD 
• Why stablecoins and central bank digital currencies look the same but are functionally opposite 
• Why a ‘naive safe haven’ narrative was never correct for bitcoin
• Why bitcoin was designed for exactly this type of moment.