The Breakdown Weekly Recap | March 28 2020
The Breakdown
Blockworks
4.8 • 806 Ratings
🗓️ 28 March 2020
⏱️ 206 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. |
| 0:20.3 | Welcome back to the breakdown. |
| 0:22.4 | It is Saturday, March 28th, and as with every Saturday, I am bringing you an extended |
| 0:27.9 | edition of all of this week's episodes in one for your long walks around the same 10 feet |
| 0:36.3 | that you've been walking around for weeks of self-quarantine now. |
| 0:38.8 | But either way, this is a convenient format I found for a bunch of people. |
| 0:42.8 | And I use it also to just kind of like reflect for myself on what we saw, what I learned. |
| 0:50.1 | I was trying to think about where I've found myself the last few Fridays. I feel like each of the last |
| 0:56.0 | couple Fridays I've had somewhat more optimism than I began the week with. Two Fridays ago, |
| 1:01.6 | it was because for the first time, finally, President Trump was acknowledging the seriousness of |
| 1:06.3 | coronavirus. We had seen the NBA shutdown. Tom Hanks got it, right? Like things shifted very quickly |
| 1:11.6 | that Wednesday. So I felt going into that weekend that at least there was some sense of urgency. |
| 1:18.3 | Last week, I felt like, again, there was more engagement, right? We were getting more serious about |
| 1:24.3 | the closures that needed to happen. This Friday, I find myself much more worried |
| 1:30.1 | than even I was at the beginning of the week. And I think that's for a couple reasons. The first is that |
| 1:36.4 | there has been a major narrative shift from this consensus around voluntary social distancing to a real politicizing of health outcomes |
| 1:49.4 | on the one hand and economic outcomes on the other, right, as though these are somehow independent |
| 1:54.6 | variables. And so what I mean by that is that you started to see at the beginning of the week |
| 1:58.3 | that instead of, again, broad-based support for |
| 2:01.5 | these closures, you had some people saying that the closures were going to do more harm to people |
| 2:06.2 | than the disease actually would, and that they should effectively just throw open the gates |
... |
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