Trump has promised to create a strategic national reserve in bitcoin (BTC).
Latin American companies would benefit, predicts Sebastián Serrano.
On Monday, January 20, 2025, Donald Trump will begin his second term as president of the United States of America.
Unlike what happened in his first term as head of the Executive Branch, when he said that bitcoin was a scam based on the air, now Trump presents himself as a pro-cryptocurrency president.
This change in perspective should be evidenced by concrete actions. Among the Trump campaign promises They include, for example, freeing Silk Road founder Ross Ulbricht; create a strategic national reserve in bitcoin; and promote laws that favor the cryptocurrency mining industry.
For all this, there are great expectations about what will happen to bitcoin and cryptocurrencies starting tomorrow.
In this regard he spoke Sebastián Serrano, founder and CEO of the Ripio exchangewho in a text sent to CriptoNoticias expressed great optimism. “Donald Trump’s presidency will be historic for crypto,” says the Argentine businessman.
In Serrano’s opinion, “we are facing a historic event, without presidents”. As he explains, this is because “with the inauguration of Donald Trump as its president, the United States, one of the main global markets and the undisputed financial leader of the Western world, will be led by a cryptocurrency enthusiast.” ».
For the CEO of Ripio, “having a reference like this in full bull market and with the adoption of cryptocurrencies setting records worldwide retailstate and corporate, can be the catalyst for a new “category leap” for the industry.
Serrano is convinced that the euphoria that was experienced after Donald Trump’s victory (which took bitcoin to new all-time highs in November) “does not compare to what could happen when he begins to implement some measures that he has already advanced, such as the search of a direction more similar to cryptocurrencies for the SEC or that campaign announcement to begin forming a BTC reserve fund for the US Treasury.
If Trump kept his promises, The impact could extend beyond the borders of the United States:
«Something of that caliber could cause a contagion effect and generate great growth in ‘official’ demand for bitcoin in other countries. The volume that a US Treasury bitcoin reserve can move could be enormous: the Bitcoin Bill that passed through the Senate in the middle of last year, and which could be taken as a reference, spoke of a purchase of 200 thousand bitcoins per year for five years, until a million BTC is accumulated.
Sebastián Serrano, founder and CEO of Ripio
As a counterweight to so much optimism, Serrano recognizes that They are still just promises. “We will have to see how this idea evolves and if it really becomes effective, but for now Trump’s signals towards the sector are very clear,” explains the businessman.
Serrano comments that the fact that there are “an unprecedented number of pro-crypto legislators in the House of Representatives and the Senate” is not a minor thing. All of this will help Trump to carry out his proposed measures, with a Legislative Branch that will accompany him.
At the Latin American level, the “contagion effect” could also benefit hundreds of companies and regional users. The CEO of Ripio comments that “Trump’s vision of reducing the regulatory burden on cryptocurrencies suggests a possible scenario where they can operate with greater freedom and creativity, promoting innovation and the development of new solutions.” In addition, he explains that in parallel “Argentina, Brazil and other countries have been reducing the friction between cryptocurrencies and the traditional financial, economic and political world through important regulatory advances.”
In this context, Ripio, the company founded and directed by Serrano, anticipates a scenario in which “it will be simpler and more fluid to be able to offer new products and services, and everything will result in a better experience for individual users and corporate clients.”
