The Breakdown Weekly Recap | Feb 29 2020
The Breakdown
Blockworks
4.8 • 806 Ratings
🗓️ 29 February 2020
⏱️ 115 minutes
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| 0:00.0 | Welcome back to The Breakdown, an everyday analysis breaking down the most important stories in Bitcoin, crypto, and beyond, with your host, NLW. |
| 0:15.0 | The Breakdown is distributed by CoinDesk. |
| 0:20.0 | Welcome back to The Breakdown. It is Saturday, February 29th, and today, as |
| 0:24.8 | every Saturday, we are going to do a quick review the week before posting the entire |
| 0:30.8 | uninterrupted extended set of conversations and shows from this week. So all five episodes in a |
| 0:36.6 | single episode for your leap year. |
| 0:39.4 | And really, there's no doubt what the focus of this week was. This is the week where coronavirus |
| 0:45.5 | fears finally came home to roost in the markets and the turmoil in the larger economy hit |
| 0:53.4 | the crypto markets as well. |
| 0:55.0 | At the beginning of the week, we kicked off with an interview with Caitlin Long, |
| 0:59.0 | which was nominally about her new bank, Vante, but was also about why building this separate financial apparatus |
| 1:06.0 | matters so much and what a Black Swan event like coronavirus might mean. On Tuesday, we got deeper, |
| 1:12.8 | right? This was before the markets had their worst crash. On Tuesday, we looked at why crypto |
| 1:18.1 | was so interested in coronavirus, right? Why this was such a big conversation in this community. |
| 1:24.7 | On Wednesday, we looked at comments from Chimath Palahapatia about the idea of |
| 1:31.2 | how you need to put 1% of your net worth into Bitcoin, something he calls Schmuck Insurance. |
| 1:37.1 | We dug into the idea, the safe haven narrative. On Thursday, we got into a completely separate |
| 1:42.8 | issue, the Prague-P- the Prague POW debate that has been |
| 1:45.9 | defining and running around the Ethereum community. |
| 1:48.3 | I really just tried, admittedly, from an outsider perspective, to summarize the conversation |
| 1:54.8 | so far and the stakes of the debate. |
| 1:57.1 | So hopefully that's a useful primer. |
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