The Wolf Of All Streets Tariff Tsunami Incoming: Will Bitcoin Boom or Bust? | Liberation Day
Apr 2, 2025
Join Stephen Stonberg, former CEO of Bittrex and co-founder of Tabit Insurance, as he dives into the ramifications of Trump's "Liberation Day" tariff announcement. He discusses how these tariffs could reshape global markets and impact Bitcoin's future, potentially sending it soaring or crashing. The conversation also touches on the intersection of crypto and insurance, exploring challenges and innovations in a rapidly changing financial landscape. Stephen emphasizes the need for adaptability amidst political turmoil and evolving market trends.
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Tabit Insurance and Bitcoin
- Stephen Stonberg, formerly of Bittrex and Binance, now leads Tabit Insurance, focusing on Bitcoin-backed insurance.
- This venture addresses the crypto industry's need for comprehensive insurance solutions, a missing piece in its development.
EU Crypto Regulations
- EU regulations require 100% coverage for crypto holdings by insurers, citing volatility.
- This contrasts with the US approach, potentially creating a regulatory divergence between the two regions.
Utilizing Bitcoin for Yield
- Crypto holders can leverage Bitcoin holdings for yield through regulated insurance platforms like Tabit.
- This offers a tax-efficient, regulated way to generate returns while retaining Bitcoin exposure.