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Murmurations II

Nic Carter

The second edition of Murmurations, a publication devoted to stablecoins, fintech, startups, and other assorted musings.

Platform
Substack
PricingOnly free issuesPublishesWeekly
Issues29Founded10 months agoLast Issue10 days ago
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Latest Issues

AI is not hiking your electricity bill – yet

Recently, politicians have taken to blaming the massive AI data center buildout for the rising energy costs borne by Americans. Sens Warren, Van Hollen, and Blumenthal opened an investigation into big tech, saying:

We write in light of a...

10 days ago
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If the Quantum Canary Sings, It’s Too Late

Disclaimer: CIV is an investor in Project Eleven, and I am on the board. This post reflects my own personal views, not those of P11, or anyone else.


There are three types of canaries1 that people talk about in the context of quantum...

a month ago
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Prediction markets have an inescapable insider trading problem

As I wrote in February, prediction markets have a big problem with insider trading, and this isn’t an accident. This leads to a major failure mode:

The social value of prediction markets derives from financially incentivizing insiders to...

a month ago
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1

The 20th century did, in fact, begin in 1900

There’s a very annoying kind of pedant out there who likes to insist that because our traditional system of counting years started at 1, the “first century” ran from years 1-100 and the second century ran from Jan 1, 101 to Dec 31, 200, and...

a month ago
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How to resolve the matter of the Satoshi coins without a freeze

The wreck of the Nuestra Señora de Atocha

Disclosure: CIV is an investor in Project Eleven. I and CIV hold positions in BTC and other quantum-exposed assets.


The Overton window moved quickly. A few months ago I was public enemy #1...

a month ago
27
11

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  • Nic Carter

    Partner at Castle Island Ventures.

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