Welcome back to The Breakdown with me, NLW.

It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world.

What's going on, guys? It is Thursday, November 21st, and today we are talking about the new potential

crypto czar. Before we get into that, however, if you are enjoying the breakdown, please go subscribe to it,

give it a rating, give it a review, or if you want to dive deeper into the conversation,

come join us on the breakers discord. You can find a link at the show notes or go to bit.ly slash

breakdown pod. Well, friends, the Trump White House could be including a new role dedicated to crypto policy.

According to Bloomberg reporting, the Trump transition team is considering the creation of a new

role being dubbed the CryptoZar.

This would be the first ever crypto-specific position in the White House, sending a message

of how central crypto policy is to

the incoming administration. According to Bloomberg sources, crypto industry advocates are pushing

for the Crypto-Zar to have a direct line to the president. As for what the role would entail,

the current theory, is to assign a small staff to serve as liaison between financial regulators,

Congress, and the White House. The article suggests discussions are happening within the transition

team, so this seems to be

a real idea that has some chance of moving forward rather than just a thought bubble.

One minor crypto campaign promised from Trump was the creation of an advisory council assembled

from private industry figures.

We haven't heard much about this council so far, but Bloomberg reports that, quote,

crypto advocates are currently jockeying for spots in that group.

One thing worth noting is that the cabinet selection process has been playing out in the media and seems very online. We've seen polymarket odds fluctuate based on headlines and the

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