Introduction

The Breakdown is a daily podcast on macro Bitcoin and the big picture power shifts remaking our world. What's going on guys this Sunday May 14th and that means it's time for long reads Sunday. One of the big themes recently on the breakdown has been the growing partisanship around Bitcoin and crypto. The White House's Bitcoin mining tax undermines itself imposing a levy on mining in the US will send the industry overseas increasing emissions while depriving the grid of a useful form of demand response.