The Breakdown

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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Niall Ferguson on Why Bitcoin and China Are Winning the Monetary Revolution

Niall Ferguson on Why Bitcoin and China Are Winning the Monetary Revolution

On today’s Long Reads Sunday, NLW reads Niall Ferguson’s latest Op-Ed for Bloomberg: “Bitcoin Is Winning the COVID-19 Monetary Revolution” In it, Ferguson argues that bitcoin’s sovereignty and “built...

6 Dec 202015min

$50K BTC in 2021? Bloomberg Analysts Join the 'Traditional Onslaught' Driving Bitcoin's Rally

$50K BTC in 2021? Bloomberg Analysts Join the 'Traditional Onslaught' Driving Bitcoin's Rally

On this edition of the weekly recap, NLW looks at the consolidating narrative of a bitcoin rally that is: Being driven by institutional investors Shifting the center of the industry from East Asia ...

5 Dec 20209min

A ‘Santa Claus Rally’ for the Stock Market?

A ‘Santa Claus Rally’ for the Stock Market?

Today on the Brief: Payrolls report underperforms expectations Spotify looking for crypto director Lame-duck crypto legislation on the way?    Our main discussion: Will we see a “Santa Claus ra...

5 Dec 202014min

Why Stablecoins Are the First Battleground of the Coming Crypto Regulation Wars

Why Stablecoins Are the First Battleground of the Coming Crypto Regulation Wars

On Wednesday, three U.S. congressional Democrats announced the STABLE Act, an 18-page bill that would require, among other things, stablecoin issuers to acquire banking charters, get approval from the...

4 Dec 202025min

Josh Brown on Bitcoin’s ‘Respectability Rally’ and Why We’ll See Dow 100,000 in Our Lifetime

Josh Brown on Bitcoin’s ‘Respectability Rally’ and Why We’ll See Dow 100,000 in Our Lifetime

Josh Brown is the CEO of Ritholtz Wealth Management. He is also the host of “The Halftime Report” on CNBC, author of the “Reformed Broker” blog and host of “The Compound Show” podcast.  Most recently...

3 Dec 202032min

Why a $631B Asset Manager Just Changed Its Mind on Bitcoin

Why a $631B Asset Manager Just Changed Its Mind on Bitcoin

Today on the Brief: Libra is now “Diem”  Christine Lagarde comes down on private stablecoins  Dow closes its best month in 33 years  Our main discussion: AllianceBernstein changes its mind.  ...

2 Dec 202026min

Bitcoin Hits New All-Time High: What Happens Next?

Bitcoin Hits New All-Time High: What Happens Next?

On this historic day, NLW looks at bitcoin’s punching through its previous December 2017 all-time high. Specifically, he looks at: How different people benchmark the all-time high  What drove the l...

1 Dec 202013min

How Bitcoin Gets to $100,000

How Bitcoin Gets to $100,000

On this edition of The Breakdown’s Long Reads Sunday, NLW reads a recent piece by Hong Fang, CEO of OKCoin.  In it, Fang provides a set of valuation models and scenarios that plausibly lead to bitc...

29 Nov 202021min

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