The post-crash Bitcoin landscape is a bit of a wasteland right now, and it has also cast a rather bright, glaring spotlight at some of the most staunch cryptocurrency advocates now that they’ve suffered a serious setback.
Nic Carter is one. His list of accomplishments related to Bitcoin and cryptocurrency is impressive. Carter is the founder of both Coin Metrics and Castle Island Ventures, and his belief in Bitcoin has made him a wealthy man.
He’s had a fascinating journey, especially in light of recent events, so let’s trace his path to get some clues about where Nic Carter might be headed as we journey into crypto winter.
Carter was born in Swaziland (now Eswatini) to British parents as his father was advising the Swaziland government on agricultural policy. His father worked for the IFC World Bank and this led to him living in various countries.
Washington DC was their main base and he earned some impressive financial bona fides early on. He graduated from St. Andrews University in 2014 with an MA degree in Philosophy and International Relations. Later he did a master’s in Finance and Investment from the University of Edinburgh Business School in 2017.
Carter’s interest in cryptocurrency began in 2012 during his undergraduate days. He stumbled upon Bitcoin on a forum but he didn’t have much money to invest. Despite this he still followed its progress and invested later.
Bitten By the Bitcoin Bug
Unlike those other members of the financial masses who dabbled in crypto, though, Nic Carter walked the walk. He worked as an investment research analyst for crypto assets at Fidelity, then he co-founded a crypto financial analytics firm, Coin Metrics.
He’s also a founding partner of Castle Island Ventures, which raised $50 million in its seed round of funding after raising $30 million during its first go-round in 2018.
The usual array of media and social media add-ons quickly followed. These included Bloomberg TV, The Times Podcast, The Verge Podcast, and so on, although Carter hasn’t been quite as active on mainstream social media platforms as many of his crypto advocate colleagues.
Carter’s not shy about his Bitcoin support, though, and he did get himself in the limelight when he featured the president of El Salvador, Nayib Bukele, after Bukele made the decision to switch to crypto as his country’s primary form of currency, although that particular venture is now viewed as a very dubious decision.
Not surprisingly, Carter’s relationship with the mainstream media is a bit testy, to say the least. Back in 2018, he criticized the media for their lack of true understanding about how Bitcoin worked.
He also shifted gears recently with a “they’re dancing on our graves” post on Twitter in which he came back at his legion of critics, stating that “it’s not like whatever financial assets they own has done well.”
Dodgy grammar aside, estimating Nic Carter’s net worth right now is a serious guessing game. As of 2023, Nic Carter has an estimated net worth of $5 million. Nic revealed in an interview with Natalie Brunell that 100% of wealth is in Bitcoin and Bitcoin related startups.
With regards to his personal life, Nic Carter is very private and is believed to be single. Hopefully, the next bull market will change his relationship status.