BREAKDOWN: Elon Bans Journalists, Kills Spaces and Asks if He Should Quit

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CoinDesk

Business News, Daily News, News, Tech News

4.7 • 698 Ratings

🗓️ 20 December 2022

⏱️ 20 minutes

🔗️ Recording | iTunes | RSS

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Summary

It’s been a tumultuous week for Twitter and Elon Musk. This episode is sponsored by Nexo.io, Circle and Kraken. On today’s episode, NLW looks at the latest out of Twitter, including a dust-up about location doxxing and the journalists who were suspended as a result, a new policy banning links to external social networks and a poll from Elon Musk asking whether he should step down as CEO. - Nexo is a security-first platform where you can buy, exchange and borrow against your crypto. The company ensures the safety of your funds and keeps innovating with products like the Nexo Wallet - a non-custodial smart wallet that allows you to create your Web3 identity. Get early access at nexo.io/wallet. - Circle, the sole issuer of the trusted and reliable stablecoin USDC, is our sponsor for today’s show. USDC is a fast, cost-effective solution for global payments at internet speeds. Learn how businesses are taking advantage of these opportunities at Circle’s USDC Hub for Businesses. - Kraken, the secure, trusted digital asset exchange, is our sponsor for today's show. Kraken makes it easy to instantly buy 185+ cryptocurrencies with fast, flexible funding options. Your account is covered by regular Proof of Reserves audits, industry-leading security and award-winning Client Engagement, available 24/7. Sign up and trade today at kraken.com/breakdown. - Cryptowatch is the last crypto app you’ll ever need. Track prices up to two times faster than other apps. Catch market movements as they happen with powerful charting tools and custom alerts. Sync your portfolio and trade across multiple exchanges. And stay in the community conversation with leading influencers on Cryptowatch Social. cryptowatch.app.link/social. - “The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Music behind our sponsors today is “Back To The End” by Strength To Last. Image credit: Dan Mullan/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:49.7	I do think to many of the crypto community's point, that he is showing just how problematic
0:55.6	it is to have these fundamentally important institutions ultimately ruled by a single person.
1:01.9	There is a lot of reimagining that needs to happen. And it's not just a private corporate
1:06.6	discussion, I don't think. I don't think you can apply the old models of how we think about
1:11.0	corporate governance and its relationship to civic responsibility to these platforms that accrue
1:16.0	such huge amounts of power. Welcome back to The Breakdown with me, NLW. It's a daily podcast on
1:24.7	macro, Bitcoin, and the big picture power shifts remaking our world.
1:28.8	The breakdown is sponsored by nexo.io, Circle, and Cracken, and produced and distributed by CoinDesk.
1:36.7	What's going on, guys? It is Tuesday, December 20th, and today we are talking about Elon, Musk, and Twitter.
1:43.4	Before we dive into that, however, if you are
1:45.0	enjoying the breakdown, please go subscribe to it, give it a rating, give it a review, or if you
1:49.0	want to dive deeper into the conversation, come join us on the Breakers Discord. You can find
	...

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