Harly Zappino

The war won't end if a material term requires Iran to control the Straights of Hormuz as it puts the GCC countries in a precarious position, particularly Bahrain, Qatar and Kuwait that have no viable alternatives. Hoping something can be worked out in these unprecedented times.

What is the problem with his company wanting to earn yield for maintaining the infrastructure. The crypto markets are heavily reliant on stables. If infrastructure doesn't allow for companies maintaining stables to generate income in a way they see fit then why would anyone put in the hard yards to maintain it?

The CLARITY Act passed the House 294-134. a16z backed it. Ripple backed it. The White House backed it. The crypto industry spent $149M to make this moment happen. Then Brian Armstrong killed it the night before the Senate vote. Why? Because stablecoin yield restrictions would eat into Coinbase's $1.35B annual stablecoin revenue. One company's P&L just held an entire industry's regulatory future hostage. On March 25, Coinbase formally rejected the bill a second time. The odds of CLARITY Act passage in 2026 now sit at 18%. This isn't leadership. It's self-interest dressed up as principle.

For everyone asking, there's 0% tax in Caymans for offshore income however setting up a Cayman entity alone is not a viable solution to make your tax more efficient. X is not paying only 1% in tax or otherwise 1% on their profits. There's structures that work but definitely not anywhere near as simple as this. Feel free to DM and i can steer you in the right direction.

I make hundreds of millions of dollars but pay 0% tax because all of my companies have to pay for the Andrew Tate IP based in the Cayman Islands. MY companies must pay to use MY brand and I keep hundreds of Ms tax free. Unfortunately I don’t contribute to corrupt western governments bullshit wars and migrant payouts and buy Jets instead.

@Observe52274749 @ayeshaijazkhan Again show me the destroyed buildings in the UAE and I'm happy to concede. To be honest this post is unbecoming conduct of a lawyer and her suitability as a lawyer should be questioned.

@HarlyBusiness @ayeshaijazkhan Multiple Gulf countries were hit by ballistic missiles yet none of them pretend everything is peachy except UAE. We are tired of UAE bots, have mercy on us. 🙏

Spoke to a friend who arrived from Dubai this morning. She says it's like living in a war zone, and can't say anything there. Also told me about a hotel in Deira where she knew a lot of Pakistani workers -- they've all been laid off and are going back to Pakistan because hotel occupancy is currently at 12% and all bookings for April have been cancelled. You won't hear this from the Dubai Media Office. So, you're welcome.

@Rahim_mahtab A replacement event should 100% run. I'd assume venues are discounted as well right now and a whole bunch of other things.

Dubai folks so with token 2049 cancelled for obvious travel reasons. Maybe we should do something more intimate and community driven at Arts DAO for folks who are in the country Thoughts ????

@Cryptotea Miners would be making bank.

If Michael Saylor bought all 21 million bitcoin and locked it up, would it be valuable?

@buntyverse postponed*

BREAKING: Token2049 Dubai is now cancelled.

#token2049 postponed and not cancelled. Be cautious of the legal issues that is presented by this distinction.

You can definitely set-up business internationally but cfc rules apply, it's not as clean or easy as you might think as opposed to being entitled to 0% income tax from the start. Now if you think about it, post tension the UAE will invest into the UAE instead of offshore to bring people back in. So whoever is in the country will likely be privy to unprecedented opportunities. That might come in the form of business incentives, investments that are only made to companies based in the region. Third there is a high chance GCC will no longer be a war inclined region controlled by the US given how the current situation is playing out. Thus they'll be in a very strong position for growth and collaboration throughout the gcc.

@HarlyBusiness i See visa as the biggest issue. the rest you can optimize with legal structures if you willing to set up your business internationally

I lived in Dubai myself but left a few days before the chaos started because I saw where things were heading. I got out before airports began shutting down. Dubai is now in a very difficult position. People forget that ~90% of the population are foreigners - and not just any foreigners, but wealthy expats who moved there for a good life. If war risk appears and you have family and money, leaving is simply the rational decision. And that’s exactly what many are doing. Dubai spent decades building the image of being the safest place in the world. Within a few weeks that perception has been shaken. Whether they can fully recover from that reputational hit remains to be seen. I’m already seeing signs of pressure: a real estate broker offered me a property with a 30% discount even before the market really started correcting. That tells you a lot about the sentiment behind the scenes. Dubai itself knows it’s in a fragile situation right now. That’s also why they’re being extremely strict about what people say publicly online - even threatening heavy fines or jail time for certain statements. Of course there’s a lot of fake news circulating, but let’s also be honest: influencers sitting there promoting their discount codes and telling everyone how perfect Dubai is are simply protecting their own interests. Meanwhile the videos from Dubai airport show departure gates completely flooded with people trying to leave. Another factor people ignore: Dubai depends heavily on imports - water, food, and supply routes through the Strait of Hormuz. And geopolitically, the Middle East will likely always remain a complicated region. Dubai has taken a lot of impact recently. To be fair, their defense systems performed extraordinarily well and obviously no system can intercept everything. But the mere fact that you have to consider the possibility of debris falling from the sky is already a security risk many wealthy people simply don’t want to take. Originally I was considering settling in Dubai long term. After recent events, I’m seriously reconsidering and looking at other countries instead. Many people are saying Dubai will come out of this even stronger and that now everyone is simply buying the real estate dip. But what exactly is the underlying thesis behind that? At the end of the day Dubai’s biggest asset has always been its image. And that image has taken a serious hit. I’m genuinely curious how people think that gets rebuilt from here. Curious to hear your thoughts.

I don't think it'll end so fast. The end of this war is going to change the global stage permanently and the GCC. GCC will reconsider their alliance's and its expect they would place significantly less reliance on foreign entities. We will see a economic and technological boom like no other.

Am I the only one who thinks Trump will try to end the war by next week?

@varadubai Thankyou for hosting, it was nice to see everyone especially given this period!

As the Holy Month continues, we were grateful to host members of our community for Iftar, sharing a moment of reflection, gratitude, and connection. Thank you to everyone who joined us. Your presence made the evening meaningful and reminded us of the strength of coming together with respect and understanding. During times when many around the world are facing uncertainty, we are especially mindful of the importance of compassion, safety, and solidarity. May this season continue to bring peace, reflection, and care for one another. Ramadan Kareem. #VARA

@AceMoonCrypto Checkout their tax rate, visa requirements and geography not ideal for a HNWI

@HarlyBusiness checkout Singapore or Hong Kong

@TicTocTick You know what's expensive? Real estate in a country where people are legally and casually walking around with guns.

Dubai real estate prices are now down 28%. Prices can drop 50% and real estate of Dubai will still be expensive .

@naruto11eth We've been through this like 5 times already. It always, always comes back.

okay question to 30% left people in crypto rn: - why are you still here? - are you still having fun?

@CryptoCurb You mean being perfectly placed between europe and asia had nothing to do with the success of the UAE? I mean the airport wasn't busy at all I guess. Being in a location that was rich in natural resources didn't have anything to do with Dubai's success?

i feel bad for Dubai / UAE they had the right idea - high end luxury, futuristic tech, tax benefits, etc… they picked the wrong fucking location.

@Xking332 @grok how many people died from homicide in the UK in the last 3 months?

I’m shocked that Dubai Airport is still operating. So many people have already been hurt. Some had to die. The situation only seems to be getting worse. Dubai cannot keep allowing innocent people to become collateral damage. We've seen enough. The most logical step right now would be to shut down all flights in and out for at least a year and a half. British Airways and a few airlines did the responsible thing. Human lives should always matter more than business.

@rami_hashimi BTC is headed for a rally.

VARA license is not optional