My current expectation is that the Venezuelan bitcoin are going to be added to the U.S. strategic reserve.
The pretext will be that they were ill gotten gains from avoiding sanctions thus making them criminal proceeds.
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Likely. They confiscate all the assets in drug cases.
WE SHALL SEE MY MAN 👊🏻
Call it sanctions enforcement.
Treat it like a reserve asset.
That’s how policy shifts happen.
Smells like winning. And theft. Smells like winning and theft.
Makes sense
ALSO : UNDER THE EXECUTIVE ACTIONS TAKEN IN EARLY 2025.....THE U.S. STRATEGIC BITCOIN RESERVE IS SPECIFICALLY DESIGNED TO BE "CAPITALIZED" (FUNDED) BY FORFEITED ASSETS.
INSTEAD OF THE DEPARTMENT OF JUSTICE (DOJ)
SO THIS ABSOLUTELY CAN HAPPEN..... THEY'VE SAID THE QUITE PART OUT LOUD NOW HERE IS THE " TRANSACTION "
IN LIVE TIME 🚨
Bitcoin Stimmys?
May be Venezuela may destroy it before it can be transferred
Did they get the bitcoin? I hope not. I don't care if its criminal proceeds (much) but in Venezuela's hands the bitcoin will be used for international transactions, and in America's hands, it won't be. America stealing it would be unequivocally bad for bitcoin.
Probably
real power doesn't give an explanation for it's actions
🤔
I agree
It looks like it
Wildest wrench attack ever
I was thinking the Same thing .. because of cheap Energy prices in Venezuela the Military was running a Mining Operation and they were using Bitcoin to Go around sanctions.. supposedly they have a good amount of bitcoin.
Ding ding ding we have a winner
The whole mission was about getting hard assets to bolster the dollar. Oil, gold, and bitcoin.
That bitcoin belongs with Venezuelans, victims of the regime’s crimes. I do wonder how they’ll spin kicking down the doors of a sacred monastery in Bhutan. Then again, maybe they stop short bc they’re worried China sees it as a proxy stack
Surely, the Venezuelan government has taken protection measures. Not Trump’s keys, not Trump’s Bitcoin yet.
Makes sense.
Innovative 😉
If these coins really are in Maduros hands, that could explain the price suppression up to this point
Yes, Bitcoin and gold is the real reason for this.
It's about protecting the fiat banking cartels.
Can't let Venezuela have Bitcoin or gold to back their currency because that's a direct threat to USA and israel
Hope they had multisig set up
the real question is who got the keys?
Do we have the on chain address for these coins? Where is sani lol
I'd fade this narrative
Is this something you would support?
I don’t think in terms of do I or do I not support something. I think about what’s likely to happen. The construction of the SBR using seized funds though is not something I am for.
That's why..
I’m confused
The president was kidnapped, the US is not in charge in VZ
How is all of this control exerted?
Nothing has really changed in VZ. What am I missing?
The threat of further kidnapping is all that is needed to pry the private keys and turn over the oil industry to DC?
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Those bitcoins are going to be memory holed. What bitcoin?
Boating accident.
Remember when it was a meme?
Could be
Where can I read more about Venezuela supposedly having a lot of Bitcoin?
I hope they market sell it all on Kucoin
¿Who got the keys? NYKNYC