Digital Finance. How he is feeling today

Note: This article does not constitute financial advice. The ideas shared are exploratory and based on ongoing research and interest in the space.

While spending time on the sidelines of the crypto community gathering in Dubai in late April – early May 2025, I felt that decentralization — once the core value of early crypto enthusiasts — no longer feels empowered. Rather, it’s in a state of observation.

And what it’s observing is how regulators (governments) will position themselves in relation to adopting blockchain technology and the systematic use of crypto by their citizens.

There’s a strong sense that the current financial leader — Washington — is steering the wheel. Perhaps this is due to the entrenched role of the US dollar as the world’s reserve currency and the never-ending ability to pull the lever in its favor.

Eric Trump, son of Donald Trump, openly criticizes government unions for being outdated. Specifically, he points to the European Union, where, in his words, “Bureaucracy kills initiative.”

At the same time, he emphasizes that the East is open to new flows of capital, some of which includes cryptocurrency.

He’s skillfully moving forward, speaking of new markets and of blockchain technology that allows banking infrastructure to run year-round and without lunch breaks — unlike traditional mechanisms.

My colleagues from Web3 projects bring up a very striking idea: Europe’s economy has become outdated, and is even visibly scaling down its former ambitions. The French, the Germans, the Brits (though more subtly) don’t want to work from their homeland — or no longer do. The Japanese, Turks, and Romanians, on the other hand, are actively building communities domestically. That’s commendable. Americans are returning to their roots as well — acting in the spirit of the tech age: to amaze, to liberate, to simplify.

Most likely, this has something to do with the general warming up and a certain recognition from the new administration. A growing economic sector — as problematic as any other — is showing its ability to evolve. And timely action taken now may allow not just to keep pace, but to take the lead. This is a very important decision these people have made. In return, they will ask for the debt to be repaid. What kind of debt that will be — time will tell.