This episode is sponsored by Nexo, Abra and FTX US.
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This week’s Long Reads Sunday features a reading of David Z. Morris’ “What Jack Dorsey’s Beef With ‘Web 3′ Is Really About”
“The Breakdown ‘’ is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell and Michele Musso, research by Scott Hill and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “Time” by OBOY. Image credit: Bloomberg/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.