The Breakdown
The Breakdown dives into the deepest topics in crypto, blockchain, and the macro forces shaping markets and power structures. Each episode breaks down complex ideas into clear, grounded analysis — separating signal from noise across crypto, finance, and geopolitics. Hosted by David Canellis, The Breakdown features explainers, interviews, and conversations with the people building, regulating, and challenging the financial system. A Blockworks podcast. Subscribe to The Breakdown newsletter: https://the-breakdown.carrd.co/

Episoder(2049)

Crypto’s Ownership Problem | The Breakdown

Crypto’s Ownership Problem | The Breakdown

What does it actually mean to “own” a token? As regulation catches up, the token economy may be facing its biggest identity crisis yet. Plus, a conversation with Paul Dylan-Ennis. Thanks for tuning...

10 Feb 26min

The Myth of the “Most Used” Blockchain | The Breakdown

The Myth of the “Most Used” Blockchain | The Breakdown

The race to be the “most used blockchain” misses the point. This episode examines the metrics behind Solana vs Ethereum — and why usage, revenue, and adoption are being misunderstood — followed by a d...

5 Feb 23min

Why Privacy Coins Aren’t Enough | The Breakdown

Why Privacy Coins Aren’t Enough | The Breakdown

Privacy is back at the center of crypto’s narrative. This episode examines the limits of on-chain privacy, the role of KYC and the app layer, and how crypto onboarding has changed — before closing wit...

3 Feb 26min

NLW's Last Breakdown

NLW's Last Breakdown

Today’s episode is the last episode of The Breakdown with me, NLW. To mark the end of this chapter, this show looks back at the biggest story from each year of the podcast, from the strange early days...

30 Jan 15min

Tether Goes Fully American and Doubles Down on Gold

Tether Goes Fully American and Doubles Down on Gold

Tether has officially launched its US-compliant stablecoin, USAT, a Genius Act–aligned, Treasury-backed token designed to operate squarely inside the American regulatory perimeter, giving the company ...

29 Jan 8min

The Breakdown with David Canellis | Teaser

The Breakdown with David Canellis | Teaser

A crypto-native deep dive into the systems, incentives, and power structures shaping the industry. Hosted by David C.

28 Jan 1min

Market Structure Thaw as Stablecoin Fight Intensifies

Market Structure Thaw as Stablecoin Fight Intensifies

As Washington digs out from a winter storm, there are signs that the long-stalled crypto market structure bill may be inching forward again, with behind-the-scenes negotiations aiming to revive a bipa...

28 Jan 9min

Gold Mania and a Bitcoin Stall

Gold Mania and a Bitcoin Stall

Bitcoin stumbles through another Sunday-night slide as gold rips to historic highs, pulling attention and liquidity away from crypto and fueling talk of a speculative metals mania layered on top of ge...

27 Jan 9min

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