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.

What's going on, guys? It is Saturday, May 27th, and that means it's time for Long Reads Saturday.

A quick note before we dive in, the breakdown is now the breakdown network. I would love it if you went and checked out our other shows.

For those of you interested in how AI is changing the world all around us, check out the AI breakdown.

And for those of you who just want to stick closer to home, check out Bitcoin Builders. It's a show all about the

incredible creative and entrepreneurial energy that is coming to the Bitcoin and Lightning

ecosystem. And there is a great interview over there right now with Obie from Fetty that I

think you will really enjoy. Now today on Longreed Sunday slash Saturday,

where I want to start is with some further analysis around Ron DeSantis' announcement that he

was, A, running for president, and B, in so doing was hoping to protect Bitcoin. Because this

isn't a political show, I didn't get into the politics of DeSantis in America, although they are, of course,

very complex.

Plenty of people have pointed out that his focus on the freedom that Bitcoin creates is perhaps inconsistent with some of his other positions.

But holding aside specific policies, there's also questions of what his embrace of Bitcoin

suggests about how it fits into the larger partisan framework.

Coin desk Daniel Kuhn wrote a piece this week called DeSantis and the growing culture

war around Bitcoin.

Daniel writes,

This week, CoinDisc published one of the most thought-provoking and balanced articles

on Bitcoin mining I've ever read.

The report is focused around the Greenage Bitcoin Mining Company in upstate New York,

...