In this episode of Empire's Weekly Roundup, we bring on Nic Carter to discuss if Genesis and DCG can fix their liquidity issues and avoid bankruptcy. We explore how Genesis overextended its books with asset-liability duration mismatches, how FTX's fallout exposed the DCG Empire and what to expect next. Nic then walks us through his framework on institutional adoption, Bitcoin's long-term outlook, proof-of-reserves and more!
(00:58) Genesis Meltdown Exposes DCG
(20:10) Bitcoin Miner Blood Bath & BTC’s Outlook
(34:03) Proof-of-Stake vs Proof-of-Work
(36:05) What Looks Interesting Right Now?
(39:05) How Has Institutional Adoption Been Affected?
(42:20) The Future of Solana
(47:37) The Off-Shore Exchange Thesis
(56:20) Where Nic and His Business Partner Disagree
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On The Brink podcast
Castle Island Ventures
Nic Carter's blog and website
Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.