BREAKDOWN: America and the Metaverse
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 28 November 2021
⏱️ 13 minutes
🧾️ Download transcript
Summary
A reading of threads from Punk 6529.
This episode is sponsored by NYDIG.
On this week’s “Long Reads Sunday,” NLW draws from two threads by @punk6529 on Twitter:
On a Pathway to an Open Metaverse
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NYDIG, the institutional-grade platform for bitcoin, is making it possible for thousands of banks who have trusted relationships with hundreds of millions of customers, to offer Bitcoin. Learn more at NYDIG.com/NLW.
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“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “Dark Crazed Cap” by Isaac Joel. Image credit: Craig Hastings/Moment/Getty Images, modified by CoinDesk.
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Transcript
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| 0:00.0 | Welcome back to The Breakdown with me, NLW. |
| 0:09.1 | It's a daily podcast on macro, Bitcoin, and the big-picture power shifts remaking our world. |
| 0:16.3 | The breakdown is sponsored by Nidig and produced and distributed by CoinDesk. |
| 0:22.6 | What's going on, guys? It is Sunday, November 28th, and that means it's time for Long Reads Sunday. |
| 0:29.3 | Now, I have obviously had a few shows in a row, my gratitude for Bitcoin mini-series that have been focused on what's happening in the Bitcoin ecosystem, what the big |
| 0:38.0 | events this year were, what we have to look forward to. And for this Long Read Sunday, I wanted to |
| 0:42.8 | again stay in this kind of zoomed-out mode, but shift gears a little bit. Today we're reading |
| 0:48.3 | excerpts from two threads by Punk 6529. Punk 6529 is perhaps one of the best examples of a big content trend this year, |
| 0:57.4 | which is that some of the most interesting and thoughtful discourse, particularly around |
| 1:01.0 | NFTs, Web3, and the Metaverse has come from Anon's in Twitter threads. |
| 1:06.4 | I have always loved great Twitter threads, but also always appreciated how ephemeral they are. And so hopefully |
| 1:12.6 | by capturing some of them in Long Read Sunday, they will have a longer shelf life, although I'm not |
| 1:17.4 | sure, frankly, that these ones need the help. So the first thread we're going to read is called |
| 1:21.8 | On America and Crypto, and I thought this somewhat fitting after such a quintessentially American |
| 1:26.2 | holiday like Thanksgiving. |
| 1:30.5 | On November 7th, Punk 6529 wrote, There is no more natural home for crypto than the United States of America. |
| 1:34.5 | There is no more strategic weapon for the United States of America than crypto. |
| 1:38.2 | The USA has never gone wrong betting on freedom, and things are no different this time. |
| 1:42.8 | First, let's knock out the major alternatives. |
| 1:45.3 | China. Non-converdable currency, top-down social credit system of integrated control. Russia would like |
| 1:50.8 | to be China. EU blissfully unaware that technology matters. India, biology's fighting hard, but it's a tough |
| 1:56.8 | battle. Now let's knock out the rest. Switzerland. Zug is cool but ant-sized. Singapore. Same. Dubai. |
... |
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