A Bitcoin price increase to $84.5K – that’s thrilling, isn’t it? Why now? As everyone bides their time watching the charts, the trendlines, dot connecting or the usual crypto tea leaves. I say, look beyond the blockchain. Look to… tariffs? Yes, you read that right. Trump's tariff exemptions on tech are whispering a powerful message about crypto's untapped potential, and frankly, it's a message we need to hear.
Tariffs Down, Crypto Up? Connect Dots!
Think about it. Trump’s trade war was a blunt instrument, waging a tariff campaign on everything from steel to smartphones. These recent exemptions—smartphones, computers, chips—that’s a strategic withdrawal. The unknown bond market pressure would be the true creative force, or so the Kobeissi Letter would have you believe. Could be – indeed, the bond market may be the one forcing Trump to back down on tariffs. The effect is the same: technology is getting a pass.
These exemptions aren't just about cheaper iPhones. They’re not just about recognizing the central role of technology as an enabler of the 21st century economy. If this ain’t bleeding edge, what is Bitcoin? Reducing or eliminating tariffs on component parts of crypto-mining hardware directly lowers the overall cost of this energy-intensive equipment. This is particularly resonant for the smaller actors, fostering that decentralization and helping bring mining back to individuals. It removes the dependency on one lethal choke point.
The connection is this: the U.S. government, however grudgingly, is recognizing the primacy of tech. This is a quiet but important change in the regulatory tide. That last part is important — disruptive innovation, even disruptive innovation like crypto, should expect a more friendly ear in the years ahead.
Beyond Price: Empowerment Potential
We miss the boat by losing focus on the volatility. Up, down, sideways – it's a rollercoaster. That’s not where Bitcoin’s greatest value lies nor is it how you get rich quick. It's about empowerment. It's about financial inclusion for the unbanked. It's about bypassing corrupt institutions. It’s about moving towards a more innovative, truly decentralized financial system.
That $84.5K explosion can be interpreted as a confirmation of this huge promise. The truth is, more and more people are starting to see Bitcoin for what it truly is. Their approach to it is about more than just seeing it as a smart investment. That altcoins ETH, XRP, and ADA are up along with BTC? That’s a sign of greater risk appetites across the crypto space, too. More generally, this is a sign of increasing future confidence in the space from the crypto market.
Here’s where the Trump tariff exemptions really come back in. By relieving the burden on tech, they’re retroactively defending the infrastructure that enables this revolution. Cheaper chips mean cheaper mining rigs. Cheaper computers mean more accessible development.
This isn’t only an exercise in looking into the crystal ball — it’s all about creating a brighter future. This is not a meme coin pump and dump. Such is the start of our new financial paradigm in which people are empowered to take control of their own financial lives.
Progressive Values, Crypto Future?
Alright, I hear the gasps from all you traditionalists "Trump? Progressive values? Are you kidding me?" Look, I get it. And yet, there’s no denying that Trump’s approach has been… incendiary, to put it mildly. And the war itself has been destructive. But occasionally, even the worst motivated policy turns out to have happy unintended consequences.
The unknown source of tariff exemptions aside, this is a huge boon for the crypto space. Beyond equity, they fit squarely with progressive values of pursuing innovation and fostering inclusive economies. They democratize access to technology by making it competitively affordable. They further an agenda of financial inclusion by bringing high quality options to crypto-native retail.
It’s high time to wake up to the fact that crypto is no libertarian unicorn. And then it actually can be a powerful force for good. It can support disenfranchised communities, increase fiscal accountability, and help build a more inclusive economy. This is reflected in the stablecoin market cap of USDT and USDC holding steady above $200 billion, near record highs.
So, let's celebrate the $84.5K surge. But let's recognize the bigger picture. Trump’s surprise tariff exceptions are an indication that the tide is turning. The world is just beginning to understand the power of crypto yet to be revealed. Let’s do it and make the most of this moment! Let’s make it happen, so the future of finance is more inclusive and empowering for all.
Educate yourself. Invest responsibly. Support crypto-friendly policies. Advocate for greater regulatory clarity. There is a reason that the future of finance is often described as being in our hands. Even if we didn’t create the present, together we can create a future all Americans can be proud of.