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(2059)

The History of Operation Chokepoint 2.0

The History of Operation Chokepoint 2.0

With a set of recent actions, the FDIC has completely reversed its aggressive anti-crypto campaign, nearly two years to the day after Nic Carter first termed it "Operation Chokepoint 2.0." In this epi...

7 Feb 202520min

New SEC Crypto Task Force Announces New Era of Crypto Policy

New SEC Crypto Task Force Announces New Era of Crypto Policy

SEC Commissioner Hester Pierce, long a holdout stalwart for the crypto industry, is now empowered to lead policy via the SEC's new Crypto Task Force. In a recent speech, she laid out the group's speci...

6 Feb 202511min

Is the US Sovereign Wealth Fund a Sneaky Proxy for a Bitcoin Strategic Reserve?

Is the US Sovereign Wealth Fund a Sneaky Proxy for a Bitcoin Strategic Reserve?

.....or is that just insane wishful thinking? NLW explores the latest Trump executive action. Once again, mainstream economic wisdom is skeptical, but should we reserve judgement until we see the spec...

5 Feb 202511min

Why the Trump Tariffs Aren't Actually Economic Policy

Why the Trump Tariffs Aren't Actually Economic Policy

The Trump Tariffs broke absolutely everyone's mind this weekend. Most, frankly, didn't see the logic and even those with a pro-Tariff bent were surprised at the direction and scale of the move. NLW ar...

4 Feb 202521min

The American Argument for Tokenizing Everything

The American Argument for Tokenizing Everything

A reading and discussion inspired by: https://www.washingtonpost.com/opinions/2025/01/28/investing-crypto-tech-robinhood-stock-market/ https://www.coindesk.com/opinion/2025/01/30/put-securities-on-cha...

2 Feb 202517min

The Five Most Important Stories in Crypto This Week

The Five Most Important Stories in Crypto This Week

Recorded live with Scott Melker on Friday 1.31.25 Sponsored by: Ledn Need liquidity without selling your Bitcoin? For 6+ years, Ledn has been the trusted choice for Bitcoin-backed lending. With tr...

1 Feb 202529min

Stock Tokenization and the Fight Against Accredited Investor Rules

Stock Tokenization and the Fight Against Accredited Investor Rules

NLW rattles off a slate of forward-looking news that shows where Bitcoin and crypto are headed in a new regulatory context. He specifically hones in on Robinhood's push for stock tokenization as a way...

31 Jan 202512min

Powell: Banks Can Serve Crypto Industry

Powell: Banks Can Serve Crypto Industry

It might have been the world's most predictable Fed meeting when it came to interest rates, but there was a decided shift in tone from Fed Chair Jerome Powell when it came to the Fed's stance on crypt...

31 Jan 202517min

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