Why Every Crypto Founder Must Master Political Strategy

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Why Every Crypto Founder Must Master Political Strategy
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Avishay Ovadia is the Founding Partner at Collider Ventures. He was a Co-Founder at Saga. He attended The Hebrew University of Jerusalem.

I live and breathe politics. I’ve worked closely with politicians and government ministries. I believe it’s the most beautiful, challenging, and interesting game in the world. You’re probably familiar with the saying, “I’m not here for the money, I’m here for the tech.” For me, it’s more like, “I’m not here for the tech, I’m here for the politics.”

So, how do you act as a politician? Let’s explore some diplomatic strategies. For an outsider , diplomatic moves might seem hidden, shady, or even dirty. But in reality, it’s quite the opposite. Politics is more like a chess game. All the players and their power are on the table, transparent for all to see. All the potential moves and tricks are available to everyone. The game then becomes about execution, driven by your intellect and status.

As if your job wasn’t hard enough, you’ve also got the gatekeepers to contend with; the regulators. From the justice system, through government agencies, to your company’s legal team, they hold the keys to the game. Whether it’s regulating securities, derivatives, and futures, dealing with tax implications, anti-money laundering protocols, know-your-customer regulations, or ensuring custody and monitoring to prevent deceptive financial practices, the spectrum of oversight is vast.

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