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Nic Carter is a Bitcoiner with a financial and philosophical background. I wanted to have him on the show for a long time. He is thoughtful and interesting to talk to as you will hear. We touch on some of his favourite topics like Bitcoin metaphysics, crypto-dollarization, historical references to free banking and the future of privacy and surveillance in the digital era.

“Bitcoin is no one’s liability. There’s no one that guarantees the value of that Bitcoin. People say that’s a weakness. That’s actually a strength. That means there’s no situation where the backer of that Bitcoin could withdraw their backing. The backing of Bitcoin comes from the fact that the market, as this collective view, the Bitcoin is worth whatever it’s worth. I would put Bitcoin in the category of liability-free collateral. Which is similar to gold or another monetary commodity.” – Nic Carter

Topics:

His personal Bitcoin story
Bitcoin metaphysics
The genuine Bitcoin?
Consciousness and persistence
Cash and Bitcoin privacy
The global financial surveillance apparatus created by the US
Crypto-Dollarization and stablecoins
Tether and bitcoin backed stablecoins
Scottish free banking system
Reprivatisation of the issuance of money
Scottish pound
Kraken Financial a chartered bank in Wyoming
Proof-of-Reserves, full reserve bank

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