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.
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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:
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Related: What to Watch for as SushiSwap Cuts Block Rewards From 1,000 to 100 SUSHI” data-reactid=”33″>Related: What to Watch for as SushiSwap Cuts Block Rewards From 1,000 to 100 SUSHI
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Monday | Sorry, Governments, We’re Entering the Era of Private Money” data-reactid=”34″>Monday | Sorry, Governments, We’re Entering the Era of Private Money
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Tuesday | Why Bitcoin Investors Aren’t Worried About This Price Pullback” data-reactid=”35″>Tuesday | Why Bitcoin Investors Aren’t Worried About This Price Pullback
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Wednesday |‘Absolute Raging Mania’: Famed Investor Druckenmiller Thinks 10% Inflation Is Possible” data-reactid=”36″>Wednesday |‘Absolute Raging Mania’: Famed Investor Druckenmiller Thinks 10% Inflation Is Possible
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Thursday | How Monetary Policy Undermined American Resilience” data-reactid=”37″>Thursday | How Monetary Policy Undermined American Resilience
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Related: A Day in the Life of an Ethereum 2.0 Validator” data-reactid=”38″>Related: A Day in the Life of an Ethereum 2.0 Validator
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Friday | ‘As Toppy as It Gets’: Metals, Bitcoin and Fiat’s Race to the Bottom, Feat. Tavi Costa” data-reactid=”39″>Friday | ‘As Toppy as It Gets’: Metals, Bitcoin and Fiat’s Race to the Bottom, Feat. Tavi Costa
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