4 keys to understand the implications of the first Decree on Trump Bitcoin

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By Berto R

The announcement was already made: the United States will create a strategic Bitcoin (BTC) reserve. The executive order signed on January 23 marks a milestone and opens the way for a new stage in the cryptocurrency ecosystem.

With the changes that are coming, what is expected is that the decision made by Donald Trump has a significant impact on the cryptocurrency industry, promoting a more favorable regulatory environment not only in the United States, but around the world.

The CEO of Exchange Bitso, Daniel Vogel, for whom the Northern Country will end up marking the cryptocurrency regulation pattern to globally globally.

«That the world’s largest economy creates a reserve in Bitcoin is a very important fact that will bring repercussions worldwide,» Vogel emphasized on the YouTube channel of Exchange, anticipating what comes at the geopolitical level.

This is one of the main repercussions of Trump’s policies, which bring with them A series of implications. Let’s see.

Global Fomo will be unleashed

«As an observer since the 1970s, I do not think I have seen a political movement to join and gain impulse like this, especially for a new area such as digital assets,» says market analyst known in X as Macroscope.

He considers, therefore, that Bitcoiners must be very happy with this decision, which – to his judgment – will lead to an «arms career mentality among nations.» This possibly activates the global psychology that will lead to many other countries To do the same as the United States.

In the ecosystem, this trend is known as Fomo (Fear Of Missing Out or fear of staying outside). As Cryptonoticias reported, since he made the promise to create a treasure in BTC in his country, that emotion already made dozens of countries Talk about a bitcoin reserve.

On this subject, Macroscope thinks that most likely several nations have already been buying BTC covert for some time.

«But in the coming months, they are attentive to public reports or statements indicating that reservations or that are underway are being considered.» A trend that has been identified as part Bitcoin’s year in the United States.

Leadership will grow in Cryptocurrencies of the USA.

Being a leader in new technologies and attracting investments from large international companies is one of the goals that Trump has indicated as a priority.

Hence, this executive order that seeks to regulate digital assets, signed at the beginning of its mandate, focuses on creating guarantees so that «innovation thrives, regulatory frameworks are clear and economic freedom is protected.»

To do this, it is necessary to start from adequate regulation, and that happens to tear down the barriers imposed by the administration of Joe Biden in the executive order issued in 2022 (now repealed by Trump).

«The growth of digital financial technology in the United States should not be hindered by restrictive regulations or unnecessary government interference,» says the Executive Order, pointing to convert to the US. UU. In the «cryptographic capital of the planet.»

The idea is to stop «aggressive compliance actions and regulatory excesses» of the previous presidency, which led to the country to lose leadership in the sector.

In 2022 the percentage of traffic to websites and the number of Bitcoin -related developers operating in the United States fell substantially. Source: A16z Crypto.

This was stated by Andreessen Horowitz in a report published in 2023, where he caught the attention to The significant decrease in the number of companies and developers that they made life in the United States at that time.

In opposition to this trend, the new tsar of the Cryptocurrencies of the White House, David Sacks, focuses on creating clear rules and taking advantage of cryptocurrencies with a view to promoting the sector and recover the country’s economy. This is recognized by Republican Cynthia Lummis, the promoter of the Reserve in Bitcoin, now at the head of the Senate digital assets subcommittee.

Digital assets are the future, and if the United States wants to stay as a global financial innovation leader, it requires clear legislation for digital assets with a strategic reserve that also strengthens the dollar.

Cynthia lumbs.

With this in mind, the working group created from the Executive Order will evaluate the way in which a Bitcoin reserve «will provide profits to the State, will boost the dollar and foster US finances.»

The plan is amplified and already It is said that the reserve will not only include BTC. Other cryptocurrencies could be part of the treasure, being Ether (ETH), the cryptocurrency of Ethereum, one of the main candidates. As Cryptonotics reported, thus marking distance with El Salvador’s strategy.

Will war with China worse?

At the end of last year the rumors that pointed out that China could lift the Bitcoin prohibition, established since 2021. Everything emerged from the statements of Anthony Scaramucci, founder and managing partner of Skybridge Capital.

During his participation in the Bitcoin Mena 2024 conference, the investor predicted that China «would return to the Bitcoin game.» It would be an action derived from movement in favor of digital assets which will promote the Government of Donald Trump.

He believes that the Chinese government will join the world phomo and follow the footsteps of the United States. This, amid the competition and the commercial war between the two countries.

There is no way, and I bet money to it, that if the United States advances towards the creation of a strategic Bitcoin reserve, the Chinese will participate.

Anthony Scaramucci.

The predictions of the CEO of Skybridge capital are handled by other analysts, including the Chainysis team and even the former Binance CEO, Changpeng Zhao, who is sure of the domino effect that will be generated with Bitcoin. They point out that China will compete with the US through Hong Kong.

However, this possible impact on Trump’s steps is surrounded by great uncertainty. None of the analysts may be sure that China is changing their position and, so far, the government has not expressed intentions in that regard.

Doubts grow with the recent data that the CEO of Cryptoquant, Ki Young Ju brought to light, ensuring that the Asian country would have sold all of the bitcoins in their hands. If so, the government would have undone of 194,000 BTC with which it could compete with the US. Creating its own reserve.

The adoption of cryptocurrencies will be accelerated

Experts from the regulatory scope of cryptocurrencies told Reuters that the executive order signed by Trump is historical. This, not only because it is the first one issued by a US president to regulate cryptocurrencies, but because of the way in which the generalized adoption of digital assets could accelerate.

So far it is estimated that more than 800 million people have cryptocurrencies throughout the world, according to statista data. A figure that could overcome The 1,000 million in 2028.

Since 2017 the growth of cryptocurrency users has been exponential. Source: Statista.

Only in the United States it is estimated that there is about 93 million people that use cryptocurrencies and the country occupies fourth position in accordance with the chainysis adoption ranking.

It is to anticipate that these numbers will easily go up with the new era that starts under the Trump administration. And the wave of countries that possibly follow the steps of the USA. Uu could be driven by people. This was stated by the Bitso team, calling Mexico users to press the authorities to attend to the sector. They think that, as in the United States, the growing adoption will force politicians to turn to look at Bitcoin.

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