Javier Milei, with his libertarian philosophy, places Bitcoin as a viable alternative in Argentina.
Bukele made history by making Bitcoin legal tender in El Salvador.
The color orange, the one selected by Bitcoin (BTC) to represent it when it takes physical form, is a symbol of the energy, transformation and freedom that emanates from the digital currency, radiating its light towards the politics of three presidents: Nayib Bukele, El Salvador; Javier Milei, from Argentina; and Donald Trump, who next Monday, January 20, takes office as the new ruler of the United States.
All these rulers are associated with conservative or libertarian policies that show a strong link to Bitcoin. This alignment not only captures media attention, but also generates global political relevance due to its potential impacts on the digital financial world, which is why at CriptoNoticias we have dubbed them the orange trilogy.
Now, when Donald Trump is just hours away from his inauguration as president of the United States, it is time to analyze how the policies and actions of these three leaders are influencing or could influence the Bitcoin ecosystem, exploring its economic implications and possible reconfiguration of the world financial map.
Nayib Bukele: the precursor of pro-Bitcoin politics
Nayib Bukele, president of El Salvador since 2019, has not only redefined Salvadoran politics, but marked a milestone by becoming the first ruler in the world to officially adopt bitcoin as legal tender and create a reserve based on the digital currency pioneer, as well as a comprehensive policy that includes Bitcoin mining.
On September 7, 2021, under the presidency of Bukele, El Salvador enacted its Bitcoin Law. Since then, his name and that of his country attracted the spotlight around the world, receiving both praise and skepticism. And while countries around the world watched this economic experiment with interest and caution, international organizations, analysts and critics debated the fiscal, security and sovereignty implications that this would bring.
And although it is still early to determine the long-term success of the bitcoin model implemented by Bukele, what cannot be denied is that the Central American ruler has positioned El Salvador as a pioneer in the use of bitcoin by a state. His strategy is inspiring other world leaders to explore digital currency.
Furthermore, with an increase of more than 118% in unrealized profits with El Salvador’s bitcoin reserve, it is demonstrated that states can benefit from the rise in the price of the digital currency. This movement inspires other countries to consider bitcoin as part of their reserves, thus impacting global demand for the asset created by Satoshi Nakamoto.
Javier Milei: the libertarian to whom Bitcoin looks with interest
Javier Milei, the economist, politician and teacher, who has been the president of the Argentine nation since December 2023, understands money under the bitcoiner philosophy and the Austrian school of economics, which, like Bitcoin, focus on the search for solid, scarce and denationalized money.
Milei emerged as a figure who has captured the attention not only of the Bitcoin community, but of the entire financial world for his libertarian stance and fierce criticism of traditional economic policies. He places Bitcoin at the center of his speech, although he does not mention it directly and in that way creates a radical change in how money is perceived and used in one of the countries most affected by inflation in Latin America.
He gained notoriety for his anti-system discourse, his rejection of state intervention in the economy and his defense of individual freedom, sending constant indirect pro-bitcoin messages, intentionally or not.
During his campaign for the presidency of Argentina, he said that Bitcoin represents the “return of money to its original creator, the private sector,” a concept that resonates with his libertarian ideology. However, during his tenure as president, he has not revealed plans to integrate the pioneering digital currency into the Argentine economy.
In any case, he has promised that there will be no restrictions on the use of bitcoin, promoting free currency competition where the crypto asset can coexist with the peso.
Milei has said that his government has much left to do; However, under his leadership, Argentina is witnessing an unprecedented economic transformation, symbolized by the metaphorical use of the “blender and the chainsaw.” By them he refers to his drastic measures (“liquefaction” of various government budget items and direct cuts in the budget) of economic policy to reduce public spending and achieve fiscal balance, that is, the zero deficit that has been the central pillar. of the Argentine ruler’s economic program.
The decrease in inflation has resulted in a significant improvement in the quality of life of Argentines, giving the government considerable political gain. Curiously, the Argentine peso, previously considered a devalued currency, has reemerged as a competitor in the foreign exchange market.
In such a way that Milei is setting a model for other countries in the region that fight against inflation and monetary devaluation. Their approach may reinvigorate the debate over the usefulness of Bitcoin-friendly policies in national economic systems, inspiring other leaders to consider similar measures.
Donald Trump: Decisive chapter for Bitcoin, where everything remains to be seen
A figure that generates as much controversy as interest is Donald Trump, and his relationship with Bitcoin is no exception. He went from being a harsh critic of the digital currency to a fervent believer in its potential.
During his presidential election campaign last year, he made 10 promises related to digital assets, including making the United States the “Bitcoin and cryptocurrency capital of the world,” marking a notable contrast with his previous administration and Joe Biden’s government. Biden, who marked an era of increased scrutiny and uncertainty for the sector.
Among Trump’s most famous promises is the creation of a strategic bitcoin reserve for the United States and friendly regulation for the cryptocurrency industry; However, there are concerns that, upon his arrival at the White House on January 20, the Republican can really keep his word.
If he delivers on his promises, Trump could be a significant catalyst for the adoption and legitimization of bitcoin in the United States, with impact around the world. Today, when his promises have not become reality, 9 countries have expressed their intention to continue his steps by establishing a national reserve based on digital currency.
In short, The Trump era could mark a decisive chapter in the history of Bitcoinbut everything still remains to be seen.
It is worth highlighting the plan that Trump would have for the US, which is perceived as a holistic strategy in which he would take advantage of his global leadership in Bitcoin mining to position himself as the undisputed leader in the ecosystem. It would do so following the pattern under which the United States has led in other technology industries. It will design its own model, including regulation of the sector, influencing other parts of the world.
What does the orange trilogy of Bukele, Milei and Trump mean for Bitcoin?
The “orange trilogy” is not only reconfiguring the perception and use of bitcoin within their respective countries, but also is driving a paradigm shift globally.
Bukele shows how a state can benefit from Bitcoin; Milei opens the door to debates about monetary decentralization in inflation-hit economies, and Trump could further legitimize Bitcoin in the world’s largest economy if he follows through on his promises. This convergence of pro-Bitcoin policies could lead to greater global adoption and redefine how monetary sovereignty is understood in the 21st century.
In itself, the orange trilogy symbolizes an era of potential transformation for Bitcoin, where politics meets the digital currency in ways never seen before. While Bukele and Milei have already led the way, Trump’s influence in this scenario is still a decisive chapter to be written, where everything remains to be seen. The combination of these leaderships could be the catalyst for a new phase in the history of Bitcoin, marking a turning point towards greater acceptance and regulation of the cryptocurrency ecosystem in the world.
