The Breakdown


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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?

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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?

Breakdown 10.29

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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.

Breakdown 10.28

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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.

Breakdown 10.27

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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.

Breakdown 10.26

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

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

Breakdown 10.25

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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.

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Why Fiats Are Failing in 2020

From Brazil to Argentina to Turkey, bitcoin priced in local currencies is reaching all time highs. But is this a story of bitcoin succeeding, fiat failing or both?

Breakdown 10.23

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‘Google Is One of the Most Important Antitrust Cases of All Time,’ With Matt Stoller

The author of “Goliath” gives his take on the history of American antitrust politics and what it means for the just-announced Google case.

Breakdown 10.22

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PayPal Adds Bitcoin: Most Bullish News of the Year?

PayPal will offer its U.S. customers buying and selling of crypto, with support for payments to its merchant network next year.

Breakdown 10.21