Jan 31, 2021
Today’s “Long Reads Sunday” is a reading of Ray Dalio’s recent LinkedIn post, “What I Really Think of Bitcoin.” In his interpretation, NLW argues the post shows Dalio and Bridgewater are at the beginning of a deep dive into the space.
Jan 30, 2021
In this edition of the Breakdown’s weekly recap, NLW looks at:
- Robinhood’s ham-fisted explanations for why it shut down buying for GME and other stocks
- Why the root cause seems to have been insolvency
- How politicians are gearing up for political inquiries around the trading shutdowns
- How WSB is reacting to the...
Jan 30, 2021
Last night, Tesla and SpaceX founder Elon Musk changed his Twitter profile to a single word: “bitcoin.” He also tweeted a cryptic message: “In Retrospect, It Was Inevitable.”
The price of bitcoin surged in the wake of the tweet, as did Google searches for “bitcoin.” The price increases liquidated some $387...
Jan 29, 2021
This week, a collective of foul-mouthed internet memers took down some of Wall Street’s best-known hedge funds. In today’s episode, NLW looks at:
- The historical context of how the Great Financial Crisis set the stage for WallStreetBets
- How WSB gained infamy during the COVID-19 crisis by correctly predicting the...
Bitcoin Doesn't Care About Your Politics: Why Bitcoin Has More Ideological Flexibility Than We Think
Jan 28, 2021
Falling down the proverbial bitcoin rabbit hole tends to lead people to ask deep questions about the nature of the economy and society. Today’s Breakdown guests are all professionally trained to ask those sorts of questions as philosophers.
NLW is joined by:
Andrew Bailey, Yale-NUS College @resistancemoney
Bradley...