

The Breakdown
Blockworks
The Breakdown dives into the deepest topics in crypto, blockchain, and the macro forces shaping markets and power structures. Each episode breaks down complex ideas into clear, grounded analysis — separating signal from noise across crypto, finance, and geopolitics.
Hosted by David Canellis, The Breakdown features explainers, interviews, and conversations with the people building, regulating, and challenging the financial system.
A Blockworks podcast.
Subscribe to The Breakdown newsletter: https://the-breakdown.carrd.co/
Hosted by David Canellis, The Breakdown features explainers, interviews, and conversations with the people building, regulating, and challenging the financial system.
A Blockworks podcast.
Subscribe to The Breakdown newsletter: https://the-breakdown.carrd.co/
Episodes
Mentioned books

Aug 21, 2019 • 19min
EU antitrust action on Libra / SEC dings ICO rating sites / CEOs vs. China on Hong Kong
Well that didn't take long. The European Union has already started looking into antitrust action on Facebook around Libra. In other regulatory news, US Sec of State Mike Pompeo says crypto should be regulated like SWIFT, India central bank fights for crypto ban, and the SEC announced a settlement with an ICO rating site that was paid by projects. It's all about the incentives, ultimately. Finally, we close with a look the way the Hong Kong protests are creating tension between independent private businesses and the Chinese government. Featuring commentary from longtime bitcoiner and HK resident Leo Weese. Watch: https://www.youtube.com/nathanielwhittemorecrypto

Aug 20, 2019 • 19min
Dovey Wan on Binance's Venus / Snowden on surveillance at Web3 / INX $130m IPO / Bitcoin Miniscript
Binance is pursuing a strategy that is a bottoms-up "belt and road" alternative to Facebook's top down global cryptocurrency Libra. VC Dovey Wan explores that strategy, and why their Chinese announcement was more aggressive than their English. We also look at the anti-surveillance sentiment at Web3 Summit (best expressed by keynote Edward Snowden); the $130m regulated token IPO from new exchange INX; and the new Bitcoin scripting language Miniscript. Watch: https://www.youtube.com/nathanielwhittemorecrypto

Aug 19, 2019 • 12min
Narrative Watch: Binance, Venus and the coming battle of CBDCs & non-sovereign fiat
Binance blew open the doors on the global battle for stablecoin supremacy today when they announced Venus - a project that seems to combine some aspects of permissioned corporate chains with central bank digital currencies (aka convenient surveillance money). What does it mean for consumers? What does it mean for governments? What does it mean for Libra? Would you chose CZ or Zuck to make your digital currency? Dig in with this #NarrativeWatch. Watch: https://www.youtube.com/nathanielwhittemorecrypto

Aug 16, 2019 • 15min
The 11 Archetypes Of People You Need To Follow On Bitcoin/Crypto Twitter
Bitcoin and Crypto Twitter are wild, weird places. On this special "sorry I'm traveling, can't give you the news" edition of 3@3, I provide a guide to 11 key types of people that you should be following for your well-rounded Twitter experience. The evangelist The skeptic The maximalist The builder The buyer The creator The curator The outsider The philosopher The researcher The independent Watch: https://www.youtube.com/nathanielwhittemorecrypto

Aug 15, 2019 • 17min
Ponzi scam selling, Hong Kong protest bank runs & buying creators with internet money
Why number go down? That's all anyone was asking as BTC plunged below $10k, a line that, according to Hodlonaut, we'd never cross again. Was it Ponzi scam selling in China or something less sinister? Either way, there was a bit of snark about a safe haven narrative so quickly extinguished. Additionally, we discuss a new move from Ripple to pay creators to come to their content ecosystem and the state of indie media, as well as look at calls from Hong Kong protest leadership for an imminent bank run. Watch: https://www.youtube.com/nathanielwhittemorecrypto

Aug 14, 2019 • 15min
The SEC's ICO cleanup / China's convenient surveillance money / Recruiting new blood
What is dead may yet still die. At least, that seems to be the case as the SEC goes one by one through its list of unregistered securities offerings and outright scams. This week it was one unregistered SAFT settlement and one emergency lawsuit involving frozen assets and lifetime bans, oh my my. We also look at China's forthcoming convenient surveillance money..err..central bank digital currency. Finally, a Lambda School-Blockstack partnership brings up the question of recruiting new blood to crypto. Watch: https://www.youtube.com/nathanielwhittemorecrypto

Aug 13, 2019 • 23min
Crypto Daily 3@3 - 8.13 | Argentina economic turbulence (feat. MakerDAO's Mariano Conti) + ETF delays & crypto dev report
After surprise election results, the Argentine economy tumbled. The stock market fell 48%, and the peso fell some 25-30% against USD. What is the role of crypto in this type of economic black swan event, if any? I asked MakerDAO's Mariano Conti, an Argentinian based in Buenos Aires, for his thoughts. We also look at the latest Bitcoin ETF delay and some phenomenal research on crypto developer trends from Electric Capital. Watch: https://www.youtube.com/nathanielwhittemorecrypto

Aug 12, 2019 • 20min
Crypto Daily 3@3 - 8.12 | Impending currency crisis? Plus, Binance US listing criteria and prospects [LRS Top 5]
Bonds. Dollars. Bitcoin. Gold. That's what some are saying pay attention to at the beginning of a global currency crisis? On this week's LRS Top 5, we also look at: news from Binance US about its listing criteria and prospective token listings; KIK's aggressive response to the SEC lawsuit; Trump Administration proposals to police social media for censorship, and more. Produced in partnership with BlockTV. Watch: https://www.youtube.com/nathanielwhittemorecrypto

Aug 9, 2019 • 19min
Crypto Daily 3@3 - 8.9 | Travis Kling on how BTC moves from risk asset to safe haven / Binance US listing framework / Crypto reality TV?
Travis Kling joins for today's 3@3 to explore how bitcoin might move from a risk asset to a safe haven. This isn't just about narrative, it's about how bets from one group trigger another group, which confirms models, and so on, creating a self fulfilling prophecy. You don't want to miss this. Also today, we look at Binance US's new asset listing framework and 30 prospects. And we ask that all important question: does crypto need a reality TV show? Watch: https://www.youtube.com/nathanielwhittemorecrypto

Aug 8, 2019 • 13min
Crypto Daily 3@3 - 8.8 | Gaming, Mass Adoption and FUD Fighting
You've heard of the PayPal Mafia, but what about the Magic the Gathering Mafia? Both SkyWeaver and Gods Unchained have serious ex-Wizards of the Coast talent in their ranks. Does this mean blockchain gaming can succeed? Also in the realm of mass adoption, Robinhood was just approved to bring its stock and crypto-buying experience to the UK. Finally, Messari takes a critical look at the FUD from earlier this week that North Korea had hacked $2B from exchanges and financial institutions. Watch: https://www.youtube.com/nathanielwhittemorecrypto


