The Breakdown

A daily analysis of macroeconomics, bitcoin, geopolitics and big picture power shifts, hosted by Nathaniel Whittemore @nlw. The Breakdown is part of Blockworks.

Business
Investing
601
Raoul Pal Previews the Future: AI, Crypto, QE a...
Raoul Pal is the CEO of Real Vision. On this “Paradigm Shift” episode of The Breakdown, NLW and Raoul discuss: Raoul’s concept of “The Everything Code” and “The Exponential Age” Debt monetization The multipollar world ...
103 min
602
Where Bitcoin Fits as Argentina Faces a Dollar ...
Argentina has one of the highest inflation rates in the world, which some economists are estimating at 133% or more. The Argentine Peso also has one of the highest interest rates in the world. On this episode, NLW discusses recent turmoil at the...
19 min
603
The EU Has Now Become the Global Crypto Regulat...
On this week’s “Long Reads Sunday,” NLW reads: - Daniel Kuhn  - Dea Markova Enjoying this content?   SUBSCRIBE to the Podcast Apple:  Spotify: Google:   Join the discussion:   Follow on Twitter: NLW: ...
14 min
604
Hasta La Vista, USA! Crypto Companies Look Abroad
This week Coinbase was on tour in the U.K. and also announced a new Bermuda license, through which it will supposedly soon announce a new derivatives offering. NLW recaps the contrast between the increasingly open arms from the rest of the world and...
14 min
605
A Landmark Moment for Crypto in Europe as MiCA ...
With the passage of MiCA, Europe has jumped out ahead of the U.S. and other jurisdictions when it comes to regulating crypto.  Enjoying this content?   SUBSCRIBE to the Podcast Apple:  Spotify: Google:   Join the discussion: ...
17 min
606
The Case for U.S. Stablecoin Regulation
Last year, the first crypto legislation was supposed to be common-sense rules for stablecoins. The two political parties couldn’t come together, however, and the legislation was scrapped. Now, the House Republicans have reintroduced a draft, and on...
19 min
607
Congress Grills Gensler on Anti-Crypto Stance
Securities and Exchange Commission Chair Gary Gensler has positioned himself as crypto’s biggest opponent in Washington, D.C. Tuesday, however, a House oversight hearing took Gensler to task for his regulation by enforcement and his inability or...
19 min
608
Coinbase Says Without Regulatory Clarity It Wil...
The U.S. regulatory crackdown on crypto seems to be having the exact impact that industry advocates feared, because some of the largest companies in the space consider relocating to more favorable regulatory regimes. This week, Coinbase CEO Brian...
16 min
609
The House Finally Introduces a Stablecoin Bill,...
It’s hard to have good faith dialogue about regulation when one group involved in the discussion doesn't think the industry being regulated should even be allowed to exist. That increasingly seems to be the problem with crypto legislation. Enjoying...
15 min
610
Glassnode's James Check on the Peak Capitulatio...
This episode is an excerpt from my recent interview with Glassnode's James Check. The full interview covers why the recent $30k run-up was spot not leverage driven, why BTC is shifting from whales to smaller holders, and why these markets are much...
9 min
611
The Latest New York Times Bitcoin Mining Hit Pi...
This week’s “Long Reads Sunday” looks at three refutations of the piece, by: - “The Breakdown” is written, produced and narrated by Nathaniel Whittemore aka NLW, with editing by and research by Scott Hill. Jared Schwartz is our executive...
19 min
612
Will Withdrawals Drive a New Institutional Ethe...
This week on the “Weekly Recap,” NLW looks at the Shapella upgrade, including emergent narratives around institutional investment, as well as checking in on the FTX bankruptcy estate and previewing the House Financial Services Committee oversight...
15 min
613
Sergey Nazarov on Why the World Needs a New Mod...
NLW is joined by Chainlink co-founder Sergey Nazarov for the first in “The Breakdown”'s "Paradigm Shift" interview series. Sergey discusses why society's trust model has broken down, how cryptographic truth serves as an alternative, and why this...
68 min
614
An AI Primer for Bitcoiners
On todays show, NLW gives a primer on the rapidly evolving artificial intelligence (AI) space, including introducing key concepts such as Generative AI, LLMs and more. He also looks at why bitcoiners have a particularly important vantage point in the...
18 min
615
Inflation Drops Most In 2 Years, but Not Everyo...
Inflation came in at an annualized 5% this month, beating economists’ expectations and dropping to its lowest level in two years. That’s good, right? Well, hold your horses, say some analysts. Services inflation remains sticky, and with recent...
16 min
616
Bitcoin’s Rally to $30K Being Driven by Good Ol...
Description Bitcoin hit $30,000 for the first time since June 2022 last night. On today’s episode, NLW looks at why the evidence suggests this rally is – unlike previous crypto rallies –driven by spot buying instead of leverage trading. He also...
17 min
617
Announcing The Breakdown Network and Bitcoin Bu...
The Breakdown is expanding to become The Breakdown Network. The first spinoff show will be called Bitcoin Builders and is all about the entrepreneurial and creative energy flowing into bitcoin. Learn more about the changes and what you can...
8 min
618
Everyone Is Talking About De-Dollarization, Is ...
On today’s episode of “The Breakdown,” NLW looks at shifting geopolitical alignments, honing in on French President Macron’s recent visit to China, China’s war games in the South China Sea and the growing de-dollarization narrative. ...
17 min
619
Traders Shifting to Tether and BTC Are Voting A...
On this week’s “Long Reads Sunday,” NLW reads: - J.P. Koning  - George Kaloudis Enjoying this content?   SUBSCRIBE to the Podcast Apple:  Spotify: Google:   Join the discussion:   Follow on Twitter: NLW: ...
16 min
620
Are Real-World Assets (RWA) the Next Big Crypto...
On this edition of the “Weekly Recap,” NLW looks at some followup stories from the shutdown of Signature Bank last month, as well as the emerging trend of real-world asset tokenization.  Enjoying this content?   SUBSCRIBE to the Podcast...
15 min
621
Is Crypto Already Soft-Banned in the U.S.?
Wednesday, Foreign Affairs published an argument from American University professor Hilary Allen that the U.S. should consider a full ban on crypto. The argument gives explicit voice to a position that has been held quietly in the Biden...
16 min
622
Is the Banking Crisis Really Over?
On today’s episode of “The Breakdown,” NLW looks at the debate raging on Twitter about whether the banking crisis is actually over. $390 billion in deposits left U.S. banks last month – the most ever in a single month – but the bleeding...
16 min
623
Interpol, Elon-DOGE and the Latest Crypto Contr...
Ah, just a casual Monday in crypto land, where an encrypted tweet from an influencer leads to billions of dollars of value wiped off the market cap. On today’s episode, NLW looks at the CZ Interpol Red Notice rumors, explanations for Elon Musk...
17 min
624
What OPEC's Surprise Oil Production Cuts Have t...
A reduction in oil output of 1.65 million barrels per day was announced by OPEC+ members on Sunday night. In the face of a global economic slowdown, analysts are debating whether the cartel is acting politically or merely anticipating softer...
16 min
625
The US Government Attack on Crypto Certainly Se...
On this edition of Long Reads Sunday, NLW reads by Kevin Reynolds  Enjoying this content?   SUBSCRIBE to the Podcast Apple:  Spotify: Google:   Join the discussion:   Follow on Twitter: NLW: Breakdown:   ...
15 min