This episode is sponsored by Nexo.ioChainalysis and FTX US.

On today’s episode, NLW celebrates his 38th birthday with 38 lessons we’ve learned in the last year, from inflation to macro to geopolitics to crypto.

“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Music behind our sponsors today is “Razor Red” by Sam Barsh and “The Life We Had” by Moments. Image credit: Westend61/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.