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 Wednesday, November 13th, and today we are talking about Doge,

not the coin, the new government office. 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. Well, friends, I am old enough to remember all the way back in

January 2021 when Elon Musk then just a passionate user of Twitter, not yet the owner, wrote on that

platform, in retrospect, it was inevitable. The tweet was sent at 3.22 a.m. Eastern

time, and it was, of course, about his looming Bitcoin purchase at Tesla. It would be that

purchase that ignited the last leg of the Bitcoin run-up in that cycle. It would also be Tesla

reversing course and deciding that they were not going to accept Bitcoin for payment

because of environmental concerns that would halt the momentum.

But I've often had context to think about that tweet as it so often sums up the latest thing

to happen to or buy Elon.

The latest moment that would seem like with anyone else a complete flight of fantasy,

but with Elon seems like an inevitability, was the fact that

he has managed to meme a government department into existence. Yesterday, an announcement post

started flying around that many thought was at first fake. The post reads statement from

President Donald J. Trump, I am pleased to announce that the great Elon Musk, great capitalized, by the way,

working in conjunction with Capital American Capital Patriot Vivek Ramoswamy, will lead the

Department of Government Efficiency or Doge. Together, these two wonderful Americans will pave the way

...