BREAKDOWN: De-Globalization vs. De-Nationification: Which Trend Wins?

The context for news about states fighting crypto is a larger set of historical and geopolitical forces.

This episode is sponsored by NYDIG.

Today on “The Breakdown,” NLW explores what he calls “the shifting tectonic plates of the global social order.” On one side, he argues, are the forces of de-globalization, with nations turning inward and focusing on economic sovereignty. Part of that is states exerting more control over corporations and Big Tech. On the other is a process of de-nationification, where powers previously reserved for states – such as printing money – are increasingly in the hands of new internet-based networks and corporations. This shapes the larger context of crypto disruption and puts a lens on understanding the growing regulatory debate. 

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Image credit: metamorworks/iStock/Getty Images Plus, modified by CoinDesk

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