Share this article

The Raw, Savage Capitalism of Open-Source Protocols

Recapping the biggest stories of the week, including Joe Biden’s China plan, a market holding pattern and, of course, the strange competitive saga of SUSHI.

Updated Sep 14, 2021, 9:55 a.m. Published Sep 12, 2020, 5:00 p.m.
(nuvolanevicata/Getty Images)

Recapping the biggest stories of the week, including Joe Biden’s China plan, a market holding pattern and, of course, the strange competitive saga of SUSHI.

For more episodes and free early access before our regular daily releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.

This episode is sponsored by Crypto.comBitstamp and Nexo.io.

On this edition of the Breakdown Weekly Recap, NLW looks at:

  • The “holding pattern economy” – why stocks, jobs and central bank policy seem stuck in place
  • Why Joe Biden’s China plan shows that, no matter who wins the presidential election, U.S. economic policy towards China is likely to get more aggressive
  • The surveillance state gets stronger as Amazon appoints a former NSA head to its board of directors
  • The SUSHI saga

This week on The Breakdown:

Monday | Sorry, Governments, We’re Entering the Era of Private Money

Tuesday | Why Bitcoin Investors Aren’t Worried About This Price Pullback

Wednesday |‘Absolute Raging Mania’: Famed Investor Druckenmiller Thinks 10% Inflation Is Possible

Thursday | How Monetary Policy Undermined American Resilience

Friday | ‘As Toppy as It Gets’: Metals, Bitcoin and Fiat’s Race to the Bottom, Feat. Tavi Costa

For more episodes and free early access before our regular daily releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.

Note: The views expressed in this column are those of the author and do not necessarily reflect those of CoinDesk, Inc. or its owners and affiliates.

More For You

Strategy Executive Chairman Michael Saylor on CoinDesk Television

Strategy aim to reduce volatility, enable consistent bitcoin buying, and create the only bi-monthly paying preferred shares in the market.

What to know:

  • Semi-monthly payouts are expected to reduce the typical post-ex-dividend price drop, lower volatility, and help keep STRC trading closer to its $100 par value.
  • More frequent distributions should reduce reinvestment lag and spread buying activity more evenly throughout the month, allowing Strategy to purchase bitcoin at a steadier pace while...