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.

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What's going on, guys? It is Thursday, July 21st. Today we are back with more midsummer macro, this time with Troy Cross.

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,

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things exactly like what we are about to discuss, and you can find a link in the show notes

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being a sponsor of the show,

I also work with FTX. So we are back with round two of midsummer macro, and this conversation

is just a little bit different than yesterday's. It does go very big picture, but around a more

specific context, with that context being Bitcoin and Energy. I'm joined by

Troy Cross. Troy is a professor of philosophy and humanities at Reed College, a fellow at the

Bitcoin Policy Institute, and an increasingly important voice in the Bitcoin energy space.

As I think you'll see, Troy is far more nuanced and thoughtful than both Bitcoin antagonists,

but frankly also many advocates. And I think it's a disposition and an ability to articulate

that we will absolutely need for the battles to come. I really enjoyed this conversation,

and I know you're going to as well. Troy, welcome to The Breakdown. How are you, sir?

I'm great. Thank you for having me. It's fun to be here. Yeah, I'm really excited to have you.

I think there's a lot of good stuff we can talk about. You have been a voice that is getting

more prominence over the last few months, which I'm very excited about as sort of representing

an important and also some ways

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