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, August 13th, 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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breakdown pod. Hello, friends. Welcome back to another Longreed Sunday.

Yesterday, you had a very contemporaneous long read that sort of served, I think, in some ways

as a weekly recap as well. But today we are going back into the vault, and I am very excited

for this. The piece that we are reading was published on

December 29, 2019. It was written by the one and only Nick Carter, and it was called

The Cat is Out of the Baguign. Bitcoin is everyone's problem now. Now, because of some travel this

week, I have enlisted a few friends, friends, of course,

of the digital variety to help me with this read, and I hope you like this little tour down

memory lane.

Evey, remember, remember, the 5th of November, the gunpowder treason and plot.

I know of no reason why the gunpowder treason should ever be

forgot. But what of the man? I know his name was Guy Fox, and I know in 1605 he attempted to blow up

the houses of Parliament. But who was he really? What was he like? We are told to remember the idea,

not the man, because a man can fail. He can be caught, he can be killed, and forgotten. But 400 years later, an idea can still

change the world. I've witnessed firsthand the power of ideas. I've seen people kill in the name of

them and die defending them. But you cannot kiss an idea, cannot touch it, or hold it.

...