Nic Carter

Nic Carter

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The Last Word on Bitcoin's Energy Consumption
What people fail to consider when they criticize Bitcoin's electricity footprint, according to our columnist.
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Photo by Antoine GIRET on Unsplash
How Blockchains Become Great Big Garbage Patches for Data
Far from making blockchains more convenient, unlimited block size and zero fees render them less reliable, says Nic Carter.
Photo by Antoine GIRET on Unsplash
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Bailouts Don't Save the Economy. They Prop Up Companies That Should Be Allowed to Fail
If we keep bailing out corporations during every crisis, we'll end up with implicitly state-owned enterprises and a lack of economic dynamism.
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Corporate America Knows the Bailout Is Baked In
Corporate America has embraced fragility, says Nic Carter. Its business model depends on a bailout.
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Crypto Progressives Become Conservative With Their Own Chains
Those who style themselves as crypto progressives when rejecting the orthodoxy almost inevitably become crypto conservatives as they settle on a system they like, says Nic Car...
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Gerald Cotten, late CEO of QuadrigaCX, circa 2015.
How to Stop the Next Quadriga: Make Exchanges Prove Their Reserves
Exchanges sometimes treat depositors' assets like fractional reserves, with disastrous results. Time for regular audits, writes Nic Carter.
Gerald Cotten, late CEO of QuadrigaCX, circa 2015.
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Policymakers Shouldn't Fear Digital Money: So Far It's Maintaining the Dollar's Status
U.S. policymakers are worried CBDCs and crypto will harm the dollar's reserve status. But maybe they have it backwards, writes CoinDesk columnist Nic Carter.
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