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

Elon Musk is officially buying Twitter. In today’s show, NLW argues that the debate and discussion around the move is largely focused on content moderation policies, when the more fundamental issue is the relationship of the advertising business model to what the algorithm prioritizes. Does Musk have the long-term view and the willingness to endure financial challenges to actually go after the root causes of Twitter’s problems?

“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “I Don't Know How To Explain It” by Aaron Sprinkle. Image credit: Andrew Harrer/Bloomberg via Getty Images, modified by CoinDesk. Join the discussion at