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.

The breakdown is sponsored by Nidig and produced and distributed by CoinDesk.

What's going on, guys? It is Tuesday, November 30th, and man, oh man, I cannot believe that November is already over.

Today we are talking about Powell and Yellen's testimony, what it means for inflation for stable coins, and much more.

But first, I want to come back and

revisit the Jack leaving Twitter topic from yesterday. Moments after I finished recording yesterday's

episode, Jack Dorsey dropped a note about leaving. Now, the biggest thing that's notable about

that note is how little is notable in that note. It gives no real clues to what's coming next and doesn't

really identify or even intimate a reason. He does say, quote, there aren't many founders that

choose their company over their own ego. So maybe Jack is finally feeling the constraint of running

two public companies, or maybe he's just not caring as much about the battles that Twitter

needs to fight as other things he does care to spend more of his time on, which, as many

bitcoins have speculated, might be Bitcoin itself. Now, notably, he did introduce the next

leader of Twitter. Parag Agrawal is the former CTO of Twitter who started as an engineer and

came up through the company.

It's a pretty cool story, but it didn't take long for people to absolutely dig in.

First, there was a lot of honing in on an October 2010 tweet, where the new Twitter CEO said,

in quotes, if they're not going to make a distinction between Muslims and extremists, then why should

I distinguish between white people and racists? This was a quote, as it came out later, from a comedian who

was on a panel on the Daily Show with John Stewart in 2010, when the tweet actually happened.

It was discussing NPR's then recent firing of Juan Williams. And long story short, I don't care about this. I think

...