This episode is sponsored by Nexo, Abra and FTX US.

On today’s episode, NLW looks at a proposal moving through Arizona’s state Senate to make bitcoin legal tender. He explores:

  • The specifics of the Arizona proposal
  • The controversial author of the bill
  • A pro-bitcoin battle in the Texas gubernatorial race
  • Increasing partisan tension around bitcoin and crypto

“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. 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: Allard Schager/Moment/Getty Images, modified by CoinDesk. Join the discussion at