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 Sunday, November 17th, and that means it's time for Long Read Sunday.

Before we get into that, however, if you are enjoying the breakdown, please go subscribe to it,

give it a rating, give it a review, or if you want to dive deeper into the conversation,

come join us on the Breakers Discord. You can find a link in the show notes or go to bit.

com slash breakdown pod. All right, friends, back with another crypto election related LRS. It's pretty much still what

everyone's talking about, especially as Bitcoin has had such a monster week. But there are some

really interesting themes here. We're starting to get away from just the, wow, this is great,

into the specifics of how it's great and what we need to do next, and both of our pieces today are on those

themes. The first comes from front of the show Christopher Perkins, who writes the real winner of the

2024 elections, the crypto industry. He talks about five areas that stand to benefit. Let's kick

it over to an AI version of myself for this essay. For the crypto industry, the elections in

24 were a game changer, with 287 pro-crypto

members of Congress and a president-elect who has proclaimed that the U.S. will be the

crypto capital of the planet, the industry is poised to be on an accelerated path toward

mainstream adoption. As market participants digest the potential impact, one thing is certain,

a pivot from regulation

by enforcement to a regulatory regime where clear, transparent, and predictable rules are

prioritized will be a major unlock for the space.

The inevitable regulatory derisking that will follow will open the door to a new class of markets,

products, and applications.

...