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 Friday, July 19th, and that means it's time for the Friday

5. 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.ly

slash breakdown pod. Hello, friends, it is Friday 5 time, and we have lots to talk about.

We have some of the most convincing comments we've ever heard from Larry Fink on Bitcoin.

We've got rumors about Jamie Diamond changing his tune.

All that and much more, so without any further ado, let's dive in.

Yet another huge week that hits just keep on coming. And I have a feeling that it's not going

to slow down any time between now and the election for the news cycle in this market.

Luckily, I have NLW here to unpack it all for us. I think story number one has to be J.D. Vance.

Trump's VP pick is the first ever Bitcoin on a presidential ticket. Of course, we had this article in

the New York Post, which surprised me. Trump picking J.D. Vance as his VP is a big draw for the

Bitcoin crowd at the ballot box. And if you read deeper into it,

it almost implies that Trump specifically chose J.D. Vance because of Bitcoin. That is

bridge too far for me. Don't think it has anything to do in it, but I do think it helps

solidify that base that was likely already, you know, willing to support Trump. Yeah, I don't think that it was a Bitcoin-only

decision by any stretch of the imagination. Now, certainly it does appear that the set of sort of tech

Trump whispers have had an influential role in some of these decisions, but Trump isn't going to

make decisions that he doesn't want to make. He had had sort of a long courtship with J.D. Vance over the last little bit. I think he sees him as an heir apparent.

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