People are coming to this market with the same narrative that so many of us who are listening

to this show right now have. It's not about speculative get-rich-quickism. It's about feeling

like there is a tectonic shift in monetary policy, fiscal policy, the way that we see our

responsibility to one another, the relationship between government and citizens,

the relationship between corporations and government with money being the vehicle through which

all of this flows. And that Bitcoin was designed for this moment.

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 crypto.com and nexo.io and produced and distributed by CoinDest.

So what do Mexico's third wealthiest billionaire and Aria Stark have in common?

What's going on, guys? It is Saturday, November 21st, and that means it's time for the weekly recap.

Let's do a true weekly recap looking at multiple dimensions, shall we? First, let's go over to

traditional markets. As I mentioned on

Thursday's show, there have been two competing forces in markets this week. The first is

excitement and optimism around the vaccine and the potential for a new era driven by a Moderna or a

Pfizer vaccine. We see the light at the end of the tunnel, and markets

are excited about that. It means a return to normalcy. It means this pent-up demand that people

have had could actually find expression out in the world, buying things. But then there's the reality

of the short-term, of a growing caseload, and importantly, the growth of restrictions as well. So far, the new lockdown

restrictions haven't been impacting in the same way that the first set were. We're not seeing

blanket shutdowns of entire categories really yet, for example. It's tended to be more incremental,

bars closing early, things like that. However,

if that changes, it could get really gnarly, really quickly. And of course, we're staring down

...