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 Saturday, August 5th, and that means it's time for the weekly recap.

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 at the show notes or go to bit.ly slash

breakdown pod.

All right, friends, happy weekend.

Today we are doing a full-on grab bag.

We are going to touch on a bunch of different topics,

some updates from stories from earlier in the week or last week,

some things we haven't had a chance to cover yet.

And where we start is with the latest in world coin.

And to kick it off a quote from Maya Zahavi,

on Wednesday she tweeted, the most predictable blowback against crypto colonialism. No government would allow its citizens to risk their biometric data to a company that has shown no remorse in blitz

collecting data. So far, France, Germany, and Kenya are investigating World

Coin. Now, Maya was far from the only person talking about this. The same day, Mohamed Hersey,

the former chairman at the Kenyan Tourism Federation, wrote, a foreign firm can just walk in and

set up office in Kenya and start harvesting iris scans. The iris is the only unique identity a human has, so with a small

token, Kenyans are falling over each other to allow their iris to be scanned, and we think it's

just a cool, harmless thing? It's the duty of the state to interrogate such firms, so that

desperate Kenyans are not duped into something they hardly understand. Cabinet secretary,

...