Nic Carter: The Future Is Crypto, Not Blockchain

It’s always interesting to see things get reversed. Typically, one often witnesses figures in the financial space – i.e. Warren Buffett, etc. – touting blockchain while believing that crypto is the money of criminals and do-nothings. Nic Carter, on the other hand, believes the exact opposite.

Carter Is Pro Crypto, Not Blockchain

As the founder of Castle Island Ventures – a venture capital firm – Carter explained in an interview that blockchain is consistently touted as the eight wonder of the world, though he doesn’t believe it will change society in the ways that people are suggesting.

Cryptocurrency, on the other hand, is a revolutionary tool in his mind, and he thinks it’s got a big future ahead of it, though he admits its reputation has become stained due to severe cases of fraud.

One such case involves Quadriga CX, the ill-fated cryptocurrency exchange in Canada. Its CEO Gerald Cotten allegedly died while in India from Crohn’s disease, but Cotten is potentially the…