12 Big-Picture Power Shifts to Watch in 2022

<p><em><span style="font-weight: 400;">This episode is sponsored by</span></em> <a href= "https://nexo.io/?v=t2&utm_source=coindesk&utm_medium=fixed&utm_campaign=coindesk_podcast_jan22"> <em><span style= "font-weight: 400;">Nexo</span></em></a><em><span style= "font-weight: 400;">,</span></em> <a href= "https://abra.onelink.me/paN3/breakdown"><em><span style= "font-weight: 400;">Abra</span></em></a> <em><span style= "font-weight: 400;">and</span></em> <a href= "https://ftxusapp.onelink.me/LKX9/breakdown"><em><span style= "font-weight: 400;">FTX US</span></em></a><em><span style= "font-weight: 400;">.</span></em></p> <p><span style="font-weight: 400;">On “The Breakdown’s” first episode of the new year, NLW looks at the most important power shifts that he’s watching this year, including:</span></p> <ol> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Fed vs. stock market </span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">U.S. midterm elections</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Stablecoins vs. CBDCs</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">China and Russia vs. the dollar</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Bitcoin vs. fiat</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">IMF vs. El Salvador</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Bitcoin DeFi vs. other DeFi</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">DeFi vs. KYC</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">DAOs vs. other forms of capital formation</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">NFT/Web 3 games vs. traditional</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">NFTs v