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 19th, 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,

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Hello friends. Well, today we have one that is short, but highly impactful for this long read Sunday. So maybe it's not so much long read Sunday as much as badass read Sunday.

Or maybe another way to put it is really important topics that are totally taboo in Washington

read Sunday. Or maybe it's

reject your shibboleths and slaughter your sacred cows day on Longreed Sunday. I mean, not for those

of us in the crypto industry. I think you will find a lot of common cause with this piece,

but it goes to the very heart of something that is totally inviolable and beyond question in Washington,

D.C., which is, of course, the Bank Secrecy Act.

What we are reading is the introductory blog post to a new report from Coin Center

called Broad, Ambiguous or Delegated, Constitutional Infirmities of the Bank Secrecy Act.

That is a mouthy title, but Coincenters' position is better summed up by the title of this

blog post.

It's time to have the conversation.

Is the Bank Secrecy Act unconstitutional?

Subheader, beyond the speech and privacy issues, the BSA is a sweeping delegation of law-making

power.

...