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/

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Episoder(2072)

Fed Raises Rates to 22 Year High and Says No Recession Is Coming

Fed Raises Rates to 22 Year High and Says No Recession Is Coming

The Federal Reserve has again raised interest rates -- this time to a 22-year high. NLW explores the discussion around the raise and why market observers are moving back to watching real economic data...

26 Jul 202313min

Will the SEC Appeal the Ripple Decision?

Will the SEC Appeal the Ripple Decision?

NLW looks at the SEC's hints around a potential Ripple appeal, plus more around Worldcoin and SBF behaving badly. Today's Episode Sponsored By: In Wolf's Clothing -- The first startup accelerator exc...

25 Jul 202313min

Worldcoin: Good Faith Global UBI Effort or Dystopian Dumpster Fire?

Worldcoin: Good Faith Global UBI Effort or Dystopian Dumpster Fire?

Worldcoin is live and the crypto community has feelings. Today's Episode Sponsored By: In Wolf's Clothing -- The first startup accelerator exclusively for Bitcoin and Lightning startups -- Applicatio...

25 Jul 202321min

Crypto Custody: The Frontlines of Operation Choke Point 2.0

Crypto Custody: The Frontlines of Operation Choke Point 2.0

A two-part Long Reads Sunday on crypto custody and the fallout of crypto's regulatory battles. Reading: Not All Crypto Custody Is Created Equal - Chen Fang Why Nasdaq Backing Out of Custody Is Bad, B...

23 Jul 202311min

Is FedNow a Trojan Horse for a CBDC?

Is FedNow a Trojan Horse for a CBDC?

On this edition of the Weekly Recap, NLW looks at the Federal Reserve's launch of FedNow and explores the community discussion of whether it amounts to a Trojan Horse for an eventual central bank digi...

22 Jul 202312min

A Soft DeFi Ban in the USA?

A Soft DeFi Ban in the USA?

This week saw a number of crypto-related legislation introduced in Congress -- sometimes as amendments to other important bills. NLW breaks down why some think at least one of them amounts to a soft D...

21 Jul 202315min

Gary Gensler's Terrible, Horrible, No Good Very Bad Month

Gary Gensler's Terrible, Horrible, No Good Very Bad Month

SEC Chair Gensler is being assailed on all sides from Democrats and Republicans alike -- and not just about his crypto policies! NLW breaks down the news and asks what it means as we move into electio...

20 Jul 202314min

Have We Turned A Corner in Bitcoin and Crypto Startup Funding?

Have We Turned A Corner in Bitcoin and Crypto Startup Funding?

This week has seen multiple 9-figure crypto funds announced. A metaverse company also raised a monster $54 m round. Finally, Wolf has opened up applications for its third cohort. NLW argues why the bi...

19 Jul 202312min

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