The Breakdown

A reading of Stablecoins Can Keep the Dollar the World’s Reserve Currency - Brian Brooks, Charles CalomirisPayPal’s Stablecoin Is a Watershed Moment for Finance - Austin Campbell Enjoying this content? SUBSCRIBE to the Podcast: https://pod.link/1438693620 Watch on YouTube: https://www.youtube.com/nathanielwhittemorecrypto Subscribeto the newsletter: https://breakdown.beehiiv.com/ Join the discussion: https://discord.gg/VrKRrfKCz8 Follow on Twitter: NLW: https://twitter.com/nlw Breakdown: https://twitter.com/BreakdownNLW

In this podcast, they discuss the SEC's appeal of the Ripple decision, token classification as securities, concerns about stablecoin launch, Bitforge vulnerability, potential exploit in self custody, UK and Russia CBDC updates, and Post Malone's concerns about CBDCs.

The podcast discusses Coinbase's launch of BASE, a blockchain built on Ethereum layer two, with lower fees and DeFi app hosting. It explores the relationship between speculation and utility in the crypto industry and emphasizes the significance of Coinbase launching a public blockchain. The podcast also explores regulations surrounding public blockchains and Coinbase's strategy of using ETH as their native token.

The hosts analyze the recent surge in Bitcoin and Ethereum prices, including the impact of government policies and institutional investor participation. They discuss developments in Ethereum and Bitcoin ETFs, as well as the Federal Reserve's new program for overseeing crypto activity at banks and the confirmation of Operation Choke Point 2.0.

In today's episode, NLW dives deep on PayPal's Announcement, which he argues forms a matched pair with BlackRock's spot BTC ETF application as the key events in the most important trend of this bear market. Enjoying this content? SUBSCRIBE to the Podcast: https://pod.link/1438693620 Watch on YouTube: https://www.youtube.com/nathanielwhittemorecrypto Subscribeto the newsletter: https://breakdown.beehiiv.com/ Join the discussion: https://discord.gg/VrKRrfKCz8 Follow on Twitter: NLW: https://twitter.com/nlw Breakdown: https://twitter.com/BreakdownNLW

Coinbase argues that crypto is a "major question" that requires Congress to explicitly authorize the SEC to oversee. Enjoying this content? SUBSCRIBE to the Podcast: https://pod.link/1438693620 Watch on YouTube: https://www.youtube.com/nathanielwhittemorecrypto Subscribeto the newsletter: https://breakdown.beehiiv.com/ Join the discussion: https://discord.gg/VrKRrfKCz8 Follow on Twitter: NLW: https://twitter.com/nlw Breakdown: https://twitter.com/BreakdownNLW

Austin Campbell advocates for the passage of the Stablecoin Bill, while Yiannis Giokas explores stablecoins as a potential counter to dedollarization. They discuss the significance of stablecoins in countering de-dollarization efforts and enhancing the global power of the US dollar. They highlight the need for federal regulatory clarity on stablecoins in the United States and emphasize the importance of passing the stablecoin bill for maintaining the dollar's global reserve role.

This podcast discusses the issues surrounding Worldcoin's iris scanning shutdown in Kenya, the privacy concerns of ID scanning technology, CoinBase's impressive earnings in Q2, and the legal battle with Sam Bankman Fried. It also covers the guilty pleas in the Bitfinex hack and the recovery of stolen funds.

LK-99 has captured the world's attention for its promise of room-temperature superconductivity. But what does that even mean? NLW provides an overview and primer. Enjoying this content? SUBSCRIBE to the Podcast: https://pod.link/1438693620 Watch on YouTube: https://www.youtube.com/nathanielwhittemorecrypto Subscribeto the newsletter: https://breakdown.beehiiv.com/ Join the discussion: https://discord.gg/VrKRrfKCz8 Follow on Twitter: NLW: https://twitter.com/nlw Breakdown: https://twitter.com/BreakdownNLW

The podcast explores whether Binance is too big to face criminal charges, with the US DOJ considering alternatives. It discusses the uncertainties surrounding Binance and crypto, including solvency concerns and political implications. The podcast also covers the ongoing legal debates, the importance of self-custody, and Binance's presence in China's crypto market. The potential closure of Binance US is mentioned, along with the sponsorship of Wolf, a Bitcoin and Lightning startup accelerator.