The Breakdown

Bitcoin

Legendary Investor Stan Druckenmiller Turns Bitcoin Bull

Billionaire investor Stan Druckenmiller made pro-bitcoin comments on CNBC, joining other high-profile, ultra high-net-worth investors.

People  ·  10 November 2020
Markets

The Biggest Macro Event Since March

According to the bright minds of FinTwit, the biggest event isn’t the U.S. presidential election but today’s Pfizer vaccine update.

People  ·  9 November 2020
Podcasts

Why Emerging Markets Are Wary of Modern Monetary Theory

While MMT may be the de facto policy of rich Western governments, applying it to developing economies could be disastrous.

People  ·  8 November 2020
Podcasts

How the World Stopped Producing Enough Money, Feat. Emil Kalinowski

In a year when the popular narrative says money printing went crazy, the host of “Making Sense/Eurodollar University” says the problem is actually too little money.

People  ·  6 November 2020
Bitcoin

Bitcoin Hits $15,000: Here Comes the FOMO

Twitter interprets today’s massive price action, as bitcoin smashes through $15,000, its highest price since 2017’s record-breaking run.

People  ·  5 November 2020
Election 2020

Who Is Better for Bitcoin, Trump or Biden?

In a chaotic year of dueling recriminations and very different visions of the future, the real question of this U.S. presidential election is: Who is better for bitcoin?

People  ·  2 November 2020
Bitcoin

By the Numbers: More Bitcoin Bulls Than Ever Before

A Long Reads Sunday reading of Grayscale’s recent “Bitcoin Investor Survey.”

People  ·  1 November 2020
COVID-19

The World Is Never Getting Off Government Stimulus

The Breakdown weekly recap looks at bitcoin buying by Iran, JPM Coin and the latest round of lockdowns coming to Europe.

People  ·  31 October 2020
Podcasts

Why Satoshi Chose Halloween to Release the Bitcoin White Paper

Was Satoshi’s release of the Bitcoin White Paper an allusion to the Reformation or something to do with the ancient pagan tradition of Samhain?

People  ·  30 October 2020
Podcasts

Mirage Recovery: What ‘Record’ GDP Growth Tells Us About the Economy

The Department of Commerce’s new report shows 33.1% annualized GDP growth in Q3, but does this really tell us much about the state of the economy?

People  ·  29 October 2020
COVID-19

The ‘Everything Crash’ Is Coming? Markets Go Risk-Off as European Stocks See Worst Day in 5 Months

Stocks, oil, even gold are down on fears of resumed COVID-19 lockdowns, but bitcoin hodlers are keeping the faith.

People  ·  28 October 2020
Podcasts

JPMorgan Launches JPM Coin: Welcome to the Private Currency Era

The investment banking giant says the blockchain hype cycle has moved past inflated expectations and into the realm of being commercially viable.

People  ·  27 October 2020
COVID-19

Hedge Funds Failures, Bankruptcies and Pandemic Fatigue

As cases rise and the U.S. settles in for a fresh wave of COVID-19, the economic fallout from round one is still being felt, from hedge funds to bankruptcies and beyond.

People  ·  26 October 2020
CBDCs

Should We Care if the US Is Falling Behind on CBDCs?

A reading of two recent op-eds on central bank digital currencies (CBDCs).

People  ·  25 October 2020
PayPal

Billionaire Hedge Fund Manager Paul Tudor Jones: A Bet on Bitcoin Is a Bet on Human Ingenuity

A recap of an exceptionally bullish week for bitcoin and crypto as a whole.

People  ·  24 October 2020