This episode is sponsored by NYDIG.

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This week's "Long Reads Sunday" is a reading of EY Global Blockchain Lead Paul Brody's latest essay for CoinDesk: "We Are Already Living in a Post-Scarcity World."

See also: MicroStrategy CEO Michael Saylor's 17,732 BTC Holdings Now Worth $1.1B

"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 "Dark Crazed Cap" by Isaac Joel. Image credit: Nuthawut Somsuk/iStock/Getty Images Plus, modified by CoinDesk.