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How Trump's Tariffs Could Affect Crypto and Tech

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Trump's tariffs might affect the crypto and tech industry through costly mining. One in the virtual and the other in the real world.
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Nebojsa "Nesha" Todorovic HackerNoon profile picture
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Wait! What about Trump’s tariffs and stocks?


Not going there. America first. Me first. A reciprocal approach. I don’t have a horse in the stock market race, but I have in:


  • Crypto—No matter how small my humble crypto portfolio is, I’d like to know what’s going to happen.
  • Crypto—No matter how small my humble crypto portfolio is, I’d like to know what’s going to happen.

    • Tech—Both my potential future jobs and writing ideas come from the tech sector, so I’d like to know how it’s going to be affected.
  • Tech—Both my potential future jobs and writing ideas come from the tech sector, so I’d like to know how it’s going to be affected.

  • Not being an expert, all I can promise you is nothing but the utmost respect.

    Trump’s Tariffs and Crypto

    Trump’s Tariffs and Crypto

    Bitcoin doesn’t live in a bubble. That was my first impression when I had a look at this week’s price ride:


    Except for a crazy Monday, it’s safe to say the crypto business is as usual. But then, there was a let’s pause the tariffs moment and its undeniable let’s get you back on track effect. What am I supposed to make out of this? Where am I supposed to look for future crypto price indications and predictions? White House press briefs and Trump’s media stunts, I guess.

    undeniable let’s get you back on track effect


    I wrote a short but sweet piece about crypto presidential candidates that rhymes all the way through. $Trump - well, it’s kinda cool and a prelude to a change to list of Presidents on dollar bills. $Melania - well, I didn’t see that one coming, but since we were born in the same state, which no longer exists, I don’t complain.

    piece about crypto presidential candidates


    Still, no answer. Let’s ask Google, not ChatGPT. What would you want me to do? I’m old school. This one makes sense:


    Right now, Bitcoin’s correlation with the NASDAQ is about 40%, well below its peak of 72%. But as we saw in March 2023, during the banking crisis, Bitcoin can decouple and act as a safe haven: this is the paradox of Bitcoin, it can be a volatile asset and a safehaven

    Right now, Bitcoin’s correlation with the NASDAQ is about 40%, well below its peak of 72%. But as we saw in March 2023, during the banking crisis, Bitcoin can decouple and act as a safe haven: this is the paradox of Bitcoin, it can be a volatile asset and a safehaven

    the paradox of Bitcoin




    One concrete way tariffs might affect the crypto industry is through Bitcoin mining. U.S. miners may find it is more expensive to import equipment used to create new Bitcoin. This could cause miners to slow their activity -- or even move elsewhere.

    One concrete way tariffs might affect the crypto industry is through Bitcoin mining. U.S. miners may find it is more expensive to import equipment used to create new Bitcoin. This could cause miners to slow their activity -- or even move elsewhere.

    U.S. miners may find it is more expensive


    No hard feelings, but it seems to me that US miners need Bitcoin more than the other way around. The global concentration of miners can change and adjust very quickly. Both can be true at the same time. Do you remember what happened to mining in China?


    It’s also such a relief not having to compare Bitcoin against stocks, gold, or silver. My precious little portfolio is digitally oriented, besides being microscopic. Would I diversify if I could? What do you think?

    Trump’s Tariffs and Tech

    Trump’s Tariffs and Tech

    All these years, I kept hearing how the virtual world has been impacting our brave new real world. Now, I find out that it goes both ways. It’s not how I expected it to be. As always, gamers get it first. Gamers get it right. Kudos to one of my favorite YouTube channels: Uper Echelon. Who could’ve thought that what started as a game retrospective would turn into one of the best tariffs-and-tech analyses?

    Uper Echelon



    Quantum computers, encryption, super rare minerals, tariffs, and COD: Black Ops 2. All in one video:

    In tech we trust, but again, mining is a must. There’s some kind of poetic justice in it. From “learn to code” to learn-to-mine if you want to code something for AI or quantum computers. The rarity of minerals and abundance of greed; just what I need.


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