The Truth is Powerful

Is there a future for bitcoin? An investor and a skeptic make their cases

Professor Steve Hanke and investor Nic Carter on the two sides of the bitcoin debate

Today’s episode of Decoder is about a very big idea: bitcoin. The Verge has been covering bitcoin since we launched in 2011. And since then I’ve heard many loud, powerful voices talking about how it’s going to be the future of… something. Everything. Maybe nothing at all.

To be honest, I’ve been a bitcoin skeptic: over the past 10 years we’ve seen the value of bitcoin skyrocket, but very few actual uses for what should be a revolutionary digital currency. But that value keeps going up, and it feels like we might be at an inflection point for the bitcoin story. And there doesn’t seem to be a lot of gray area between the people who think bitcoin is going to change everything and the people who think it’s nonsense.

For this episode, I had two conversations. First I spoke to a bitcoin investor. Then, a few days later, I spoke to a bitcoin skeptic. In each conversation, I tried to play the other role but without the usual yelling and chaos that seems to characterize bitcoin debates.

The investor is Nic Carter. He’s a general partner at […]

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