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Nick Rishwain
@nickjrishwain
Guess this is more of a law & policy post. Interested in actual discussion on this issue: Tariff Impact on Crypto❓ We've never been here before. We've had other regulatory nightmares, but not this. I expect it'll reduce the amount of 💲 available for crypto trading. Any thoughts on how tariffs might impact us?
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dok
@dok8
Took in a special session with Canada/US business leaders on the impact of Tariffs for startups, tech and broader business last eve via NEXT. Asked the specific question on software, digital goods and the like. Overall, the perspective was that the tariffs are not focused on digital goods, yet.
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Sarah Shtylman
@shodyesq
Haven’t thought too much about this, but my knee jerk reaction is to think crypto will track with broader market sentiment.
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dok
@dok8
As it relates to how investor sentiment, business decision making pace and clarity on these matters, especially the aspects of Web3 and crypto that are impact, whether hardware and compute for BTC/AI, or trading re: coins/tokens/RWAs, there is certainly less conviction on what will happen in the short-term and how to plan for next iterations.
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dok
@dok8
The focus is going to be much more on physical products, such as cards. Likely to go to natural resources, minerals and the like from there. With digital goods not being the focus for the initial batch of tariffs. Therefore no real need to attempt to move companies, or hosting platforms etc to US, especially given that the US does not enforce data localization rules, like the EU and China.
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