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CoinDesk Podcast Network

BREAKDOWN: Why Elon Musk Should Airdrop a New Twittercoin to Every User

CoinDesk Podcast Network

CoinDesk

Cryptocurrencies, Cryptocurrency, Dlt, Tokenization, Coindesk, Distributed Ledger, Blockchain, Tech News, Business News, Ethereum, Bitcoin, News, Digitalassets, Daily News, Decentralization, Defi, Crypto, Business

4.8689 Ratings

🗓️ 1 May 2022

⏱️ 15 minutes

🧾️ Download transcript

Summary

Could he build the world’s first global political coalition? 

This episode is sponsored by Nexo.io, NEAR and FTX US. 

Today on “Long Reads Sunday,” NLW reads Balaji Srinivasan’s “The Elondrop.” 

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Consensus 2022, the industry’s most influential event, is happening June 9–12 in Austin, Texas. If you’re looking to immerse yourself in the fast-moving world of crypto, Web 3 and NFTs, this is the festival experience for you. Use code BREAKDOWN to get 15% off your pass at www.coindesk.com/consensus2022.

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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. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsors is “Catnip” by Famous Cats and “I Don't Know How To Explain It” by Aaron Sprinkle. Image credit: Scott Olson/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

Click on a timestamp to play from that location

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.

0:14.9

The breakdown is sponsored by nexo.io, near an FTX, and produced and distributed by CoinDesk.

0:25.3

What's going on, guys? sunday may first happy mayday welcome to a new month and of course as with every sunday it is time for your

0:33.1

long read before we get into that however if you are enjoying the breakdown, please go subscribe

0:38.7

to it, give it a rating, give it a review, or come join us on the Discord. It's where we chat about

0:43.9

all of these big ideas, and I would love to see you there. You can find a link in the show notes

0:48.6

or go to bit.orgly slash breakdown pod. Also, a disclosure, as always, in addition to them

0:54.0

being a sponsor of the show, I also work with FTX. Also, a disclosure as always, in addition to them being a sponsor of the show,

0:55.4

I also work with FTX. So, this week had a lot of big things happen in our industry. However,

1:02.3

it's hard to argue that anything other than one thing was the dominant business story of this

1:08.7

week. And I'm talking, of course, about Elon buying Twitter.

1:13.4

His offer, which had happened last week, was accepted, and everyone all week has been debating

1:18.3

about what will happen next, what he should do, and adding their voice to that conversation is

1:24.2

none other than Balaji Shrinivasan. At this point, Balaji needs no introduction.

1:30.1

He's been a guest on the show before. He is a frequent writer. He takes a way out view of the

1:35.8

world, and I love it any time he decides to write basically anything. This week, he wrote

1:41.7

the Elon drop, build the political support necessary to free Twitter with the largest air drop in history.

1:49.3

It's pretty spicy, as I think you'll agree.

1:52.1

The deal may have been signed, but the campaign is just beginning.

1:56.2

Elon should go over the heads of the establishment to offer all Twitter users a deal.

2:02.9

Every account worldwide gains full control over their username in a crypto wallet, plus a share of Twitter's new coin,

...

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