This podcast discusses the impact of Trump's proposed tariffs on the market, focusing on the reactions of crypto and traditional finance. The discussion moves through analysis of market responses to tariffs, the state of the crypto market (particularly Ethereum and Solana), and the implications of various meme coin projects. Specific examples include the significant short positions on Ethereum and the dramatic price drops of several AI and meme coins. The panelists offer differing perspectives on the future of the crypto market, with some predicting a short squeeze on Ethereum and others anticipating continued sideways movement. The conversation concludes with a discussion of potential ETF listings for various cryptocurrencies and the ongoing legal battles surrounding their classification as securities.