The Breakdown


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.

Breakdown 11.9 Pfizer covid vaccine announcement

Markets

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.

Breakdown 11.8 MMT LRS

Markets

How a Massive Devaluation of the Egyptian Pound Inspired a $100M Bitcoin ETP

Hany Rashwan, CEO of Amun/21Shares, explains how the proverbial bitcoin lightbulb went off when his native Egypt’s currency devalued in 2016.

Breakdown 11.7.20 Hany Rashwan, Egypt

Markets

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.

Breakdown 11.6.20 Emil Kalinowski

Markets

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.

Breakdown 11.5-bonus

Markets

‘Economics Will No Longer Be the Handmaiden of Politics’: A History of the Cypherpunks, Feat. Jim Epstein

An enlightening conversation with Reason’s Jim Epstein, who just released a four-part YouTube documentary on the cypherpunk movement.

Breakdown Cypherpunk History 11-4-20

Markets

A (Not Quite) Complete History of Money, Feat. Planet Money’s Jacob Goldstein

One of the hosts of NPR’s legendary “Planet Money” takes us on a whirlwind tour of some of the key moments of money history in the last 1,000 years.

Breakdown Jacob Goldstein Planet Money 11-3-20

Markets

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?

Breakdown 11.2

Markets

By the Numbers: More Bitcoin Bulls Than Ever Before

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

Breakdown 11.1

Markets

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.

Breakdown 10.31