Nic Carter: Bitcoin Core Values, Layered Scaling & Blocksize Debates

Nic Carter, a financial researcher, investor, writer, and podcaster talks with Lex Fridman on topics of decentralized finance.

Timestamps:

0:00 - Introduction
7:57 - Can humans fully understand reality?
10:26 - The dollar system
16:36 - Bitcoin
18:12 - Opendime
22:14 - Core values of Bitcoin
30:43 - Who is Satoshi Nakamoto?
36:31 - How Bitcoin works
44:54 - Bitcoin blocksize wars
57:19 - Layered scaling of Bitcoin
1:02:17 - Lightning network
1:05:17 - Schnorr/Taproot update to Bitcoin
1:10:10 - Criticisms of Bitcoin
1:19:56 - Bitcoin failure modes
1:27:59 - Bitcoin vs Ethereum
1:31:55 - Vitalik Buterin
1:34:49 - Creative destruction
1:39:43 - Future of Bitcoin
1:43:30 - Tesla, Elon Musk, and Dogecoin
1:51:36 - NFTs
1:58:52 - Bitcoin maximalism
2:05:29 - On writing
2:11:30 - Writing a book on Bitcoin
2:16:00 - Bitcoin resources
2:18:49 - Book recommendations
2:20:48 - Advice for young people
2:24:05 - Meaning of life

The episode aired on April 1, 2021.