BREAKDOWN: Why We’ll Remember This Banking Crisis as a Turning Point for Bitcoin
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 26 March 2023
⏱️ 19 minutes
🧾️ Download transcript
Summary
The future of money is being shaped, one way or another.
On this week’s “Long Reads Sunday,” NLW reads:
“This Crisis Will Define the Future of Money” - Michael J. Casey
“Bitcoin Is a Clear Winner of the U.S. Banking Crisis” - George Kaloudis
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“The Breakdown” is written, produced and narrated by Nathaniel Whittemore aka NLW, with editing by Michele Musso and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Music behind our sponsor today is “Foothill Blvd” by Sam Barsh. Image credit: Hiroshi Watanabe/Getty Images, modified by CoinDesk.
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Transcript
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| 0:00.0 | In the wake of one of the most tumultuous years in crypto history, the conversations happening |
| 0:06.0 | at Consensus 2023 have never been more timely and important. |
| 0:10.0 | This April, CoinDess is bringing together all sides of the crypto, blockchain, and Web3 |
| 0:13.5 | community to find solutions to crypto's thornyest challenges, and finally deliver on the technology's |
| 0:18.7 | transformative potential. |
| 0:20.2 | Join developers, investors, founders, brands, policymakers makers, and more in Austin, Texas, April 26th to 28th for Consensus 2023. |
| 0:27.8 | Listeners of the breakdown can take 15% off registration with code breakdown. |
| 0:32.3 | Register now at consensus.com and join CoinDesk at Consensus 2023. |
| 0:44.8 | Thank you. Consensist.coinds.com and join CoinDest at Consensus 2023. Welcome back to The Breakdown with me, NLW. |
| 0:49.1 | It's a daily podcast on macro, Bitcoin, and the Big Picture Power Shifts remaking our world. |
| 0:55.1 | The breakdown is produced and distributed by CoinDesk. |
| 1:00.0 | What's going on, guys? It is Sunday, March 26th, and that means it's time for Long |
| 1:05.2 | Read Sunday. Before we get into that, however, if you are enjoying the breakdown, |
| 1:09.2 | please go subscribe to it, give it a rating, give it a review, or if you want to dive deeper into the conversation, |
| 1:14.0 | come join us on the Breakers Discord. You can find a link in the show notes or go to bit.ly slash |
| 1:18.3 | breakdown pod. All right, friends, back with another long read Sunday, and today we are |
| 1:24.4 | exploring really the themes that we've been exploring pretty extensively all of |
| 1:29.6 | this week and pretty much the week before it as well. And so we're going to kick this off with another |
| 1:34.9 | piece from Michael Casey from Coindesk called This Crisis Will Define the Future of Money. I think the |
| 1:40.8 | title of the piece is pretty self-explanatory, so let's dive in. |
| 1:44.9 | Michael writes, |
| 1:46.0 | 10 years ago, a strange new digital currency called Bitcoin caught my attention for the first time |
... |
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