What podcasts say about Nic Carter
Every statement, with the speaker, the exact quote and the moment it was said.
What Nic Carter has said on podcasts
40 statements · 15 positive · 18 negative · 3 mixed · 4 neutral
AI increases capital owners’ power relative to labor.
“AI probably makes this worse in that it empowers the owners of capital relative to labor.”
Open the episode · Nic Carter: What Could Break Bitcoin? Quantum Computing, AI & Wealth TaxesListen at 0:06
Quantum computing will disrupt Bitcoin within ten years.
“I think quantum will get there in 10 years. In 10 years. For sure. Bitcoin itself will be thrown into total disarray.”
Open the episode · Nic Carter: What Could Break Bitcoin? Quantum Computing, AI & Wealth TaxesListen at 0:29
AI will drive Western taxation of unrealized capital, including Bitcoin.
“I think AI will force this to happen, basically. And yeah, Bitcoin will be a part of it.”
Open the episode · Nic Carter: What Could Break Bitcoin? Quantum Computing, AI & Wealth TaxesListen at 4:20
Cryptocurrency-specific tax regimes will become a major issue within a decade.
“I think that's something we're going to have to reckon with probably in the next decade.”
Open the episode · Nic Carter: What Could Break Bitcoin? Quantum Computing, AI & Wealth TaxesListen at 4:45
Western welfare states will eventually require benefit restrictions or restructuring.
“some aspect of the welfare state has to be foreclosed on”
Open the episode · Nic Carter: What Could Break Bitcoin? Quantum Computing, AI & Wealth TaxesListen at 6:41
Social Security benefits will face mandatory cuts without new legislation.
“there will be mandatory cuts to it unless there's some kind of new legislation”
Open the episode · Nic Carter: What Could Break Bitcoin? Quantum Computing, AI & Wealth TaxesListen at 9:08
European welfare states may eventually default.
“I think you might actually see eventually like defaults.”
Open the episode · Nic Carter: What Could Break Bitcoin? Quantum Computing, AI & Wealth TaxesListen at 14:17
Large welfare-state spending requires cultural homogeneity and social-contract support.
“I don't think you can achieve that level of spending without serious cultural homogeneity and without people feeling bought into the social contract.”
Open the episode · Nic Carter: What Could Break Bitcoin? Quantum Computing, AI & Wealth TaxesListen at 16:44
AI is a strategic technology with geopolitical significance.
“AI is ultimately like a strategic technology”
Open the episode · Nic Carter: What Could Break Bitcoin? Quantum Computing, AI & Wealth TaxesListen at 17:48
Government intervention may be necessary to sustain AI companies’ competitive moats.
“It may be the case that the only way to have that sustainably is to have the government intervene.”
Open the episode · Nic Carter: What Could Break Bitcoin? Quantum Computing, AI & Wealth TaxesListen at 19:04
AI is not necessarily in a bubble.
“I don't think it's bubble per se.”
Open the episode · Nic Carter: What Could Break Bitcoin? Quantum Computing, AI & Wealth TaxesListen at 19:55
Major AI model companies will change business models because of Chinese competition.
“the big model companies are going to change the business model in reaction to Chinese competitive threats.”
Open the episode · Nic Carter: What Could Break Bitcoin? Quantum Computing, AI & Wealth TaxesListen at 19:59
AI agents will discover and exploit many software bugs within a year.
“for the next six months to a year, I think all of these bugs are just going to be analyzed and discovered and exploited by AI agents.”
Open the episode · Nic Carter: What Could Break Bitcoin? Quantum Computing, AI & Wealth TaxesListen at 21:29
Online systems will be safer within a year after security hardening.
“I think a year from now will be much safer because you'll be forced to use best practices.”
Open the episode · Nic Carter: What Could Break Bitcoin? Quantum Computing, AI & Wealth TaxesListen at 21:47
The timing of AI breaking public-key encryption cannot be known.
“I don't think it's possible to know.”
Open the episode · Nic Carter: What Could Break Bitcoin? Quantum Computing, AI & Wealth TaxesListen at 23:15
Someone will eventually build a quantum machine running Shor’s algorithm.
“Probably at some point, someone will do it.”
Open the episode · Nic Carter: What Could Break Bitcoin? Quantum Computing, AI & Wealth TaxesListen at 23:35
Quantum computing will reach Bitcoin-threatening capability within ten years.
“I think quantum will get there in 10 years. In 10 years? For sure.”
Open the episode · Nic Carter: What Could Break Bitcoin? Quantum Computing, AI & Wealth TaxesListen at 25:28
Quantum risk does not justify selling his Bitcoin holdings.
“it didn't make me worried enough to sell any Bitcoin.”
Open the episode · Nic Carter: What Could Break Bitcoin? Quantum Computing, AI & Wealth TaxesListen at 28:00
Bitcoin needs a soft fork and address rotation to address quantum risk.
“we have to propose a soft fork we all have to activate it and then everybody that owns bitcoin has to rotate their addresses”
Open the episode · Nic Carter: What Could Break Bitcoin? Quantum Computing, AI & Wealth TaxesListen at 28:31
Bitcoin investors may reasonably use custodians or ETFs instead of self-custody.
“I think it's totally valid to use a custodian or even an ETF.”
Open the episode · Nic Carter: What Could Break Bitcoin? Quantum Computing, AI & Wealth TaxesListen at 30:15
Outsourcing Bitcoin custody to sophisticated institutions is acceptable.
“I think that's fine.”
Open the episode · Nic Carter: What Could Break Bitcoin? Quantum Computing, AI & Wealth TaxesListen at 31:41
Bitcoin Lightning has not achieved hoped-for adoption.
“I don't think Lightning got the traction that we hoped it would.”
Open the episode · Nic Carter: What Could Break Bitcoin? Quantum Computing, AI & Wealth TaxesListen at 32:14
Bitcoin’s larger opportunity is collateral and monetary-asset use, not payments.
“I think a much bigger goal to AMAT is collateral, a monetary asset, something that is leveraged and borrowed against and creates credit worthiness.”
Open the episode · Nic Carter: What Could Break Bitcoin? Quantum Computing, AI & Wealth TaxesListen at 33:09
Bitcoin-backed dollar instruments could unite collateral and spending utility.
“I hope we can achieve that.”
Open the episode · Nic Carter: What Could Break Bitcoin? Quantum Computing, AI & Wealth TaxesListen at 36:09
Most digital-asset treasury companies were not worthwhile.
“most of the DATs were kind of a waste of time.”
Open the episode · Nic Carter: What Could Break Bitcoin? Quantum Computing, AI & Wealth TaxesListen at 36:27
Bitcoin Taproot enables embedding post-quantum signatures without an abrupt hard fork.
“Taproot laid the groundwork for us to create post-quantum signatures and embed them into Bitcoin”
Open the episode · Nic Carter: What Could Break Bitcoin? Quantum Computing, AI & Wealth TaxesListen at 37:06
Bitcoin governance and upgrades are relatively stagnant despite needing action.
“We're in a period of relative stasis from a governance and upgrade perspective when we actually need a lot of action.”
Open the episode · Nic Carter: What Could Break Bitcoin? Quantum Computing, AI & Wealth TaxesListen at 39:53
Bitcoin’s quantum-upgrade governance conflict will arise.
“I think this exact. This this precise issue will come up.”
Open the episode · Nic Carter: What Could Break Bitcoin? Quantum Computing, AI & Wealth TaxesListen at 40:57
Bitcoin’s outlook is very positive if it completes a quantum upgrade.
“I think if we can pull off a soft fork and an upgrade for quantum, which I think we should do. I think the outlook is very bright.”
Open the episode · Nic Carter: What Could Break Bitcoin? Quantum Computing, AI & Wealth TaxesListen at 41:51
The government should conduct a lawful salvage operation for vulnerable early Bitcoin coins.
“I think that the government should a lawful salvage operation for those coins”
Open the episode · Nic Carter: What Could Break Bitcoin? Quantum Computing, AI & Wealth TaxesListen at 42:24
Statements are attributed to the speaker as said on the episode and reflect their view at the time, not PodLume's. They are not advice.