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.

The breakdown is sponsored by Nidig and produced and distributed by CoinDesk.

What's going on, guys? It is Sunday, December 5th, and that means it's time for Long Reads Sunday.

Now, this week, as some of you might know, was CoinDesk's Future of Money Week,

and that means they had a bunch of interesting essays, thoughts, and insight posts looking at

the future of money through a variety of different lenses. Today's Long Reads Sunday comes from

Dan Jeffries, who contributed an essay called The Future of Money a History. Accounting has defined

civilization for centuries, and now, thanks to crypto, we're going to see Accounting 3.0.

Now, fun fact about Dan Jeffries, he was an OG of crypto content writing back on Medium in like 2018, so it was

great to see his name pop up, and I'm excited to read you his essay. The Future of Money,

a History. Cryptocurrency is a revolution, but maybe it's not the revolution you imagined. That's because, more than anything, crypto is a history. Cryptocurrency is a revolution, but maybe it's not the revolution you imagined.

That's because, more than anything, crypto is a revolution in accounting. While most people

might not think much about accounting, without it, we'd still be hunting and gathering instead

of blasting satellites into space, or communicating instantly on a network that circles the globe.

Without accounting, you wouldn't be reading this article on your iPad,

or streaming music on Spotify, or renting an Airbnb for your next vacation.

Without accounting, there's no commerce or trade.

Without commerce, there are no planes, no trains, no tractors, no steam engine,

no skyscrapers, or smartphones.

We'd have no nation states, no boats, no shipping containers,

traveling all over

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