🇺🇸🇻🇪 The former United States ambassador to Venezuela, James Storey, described President Nicolás Maduro as a "wrongdoer" and added:
"He has in his hands the largest global reserves of oil and minerals that will drive the economy of the 21st century… and he is in collusion with our strategic competitors".
His words come at a time when Washington is increasing pressure on Caracas and openly debating "options" for a regime change.
This admission makes evident what Venezuela has been saying for years: the obsession of the United States with "democracy" in Latin America has always revolved around the control of oil and minerals, not freedom.
Did he just say aloud what is normally hidden? @Chainbase Official #FranceBTCReserveBill #Write2Earn $SOL
If Venezuela were to tokenize all its oil reserves in BTC or BNB and completely detach from the dollar, the impact would be seismic: it would unleash a reconfiguration of global energy trade, challenging the hegemony of the petrodollar and accelerating the adoption of crypto-assets as strategic reserves.
Introduction
The Venezuelan economy has historically been anchored to oil and, by extension, to the US dollar, the dominant currency in global energy trade. However, in a hypothetical scenario where Venezuela decides to tokenize all of its oil reserves —estimated at over 300 billion barrels— in cryptocurrencies like Bitcoin (BTC) or Binance Coin (BNB), and completely detaches from the dollar, the impact would be profound both nationally and internationally.
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What does it mean to tokenize oil reserves?
Tokenizing means representing physical assets —in this case, barrels of oil— through digital assets on a blockchain. Each token could represent a fraction of a barrel, allowing for direct trading in decentralized markets. Venezuela, with its previous experience with the Petro and the use of USDT in crude sales, has already flirted with this idea, though without sustained success.
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Implications for Venezuela
Advantages:
- Evasion of sanctions: By operating outside the traditional financial system, Venezuela could circumvent restrictions imposed by the US, facilitating crude sales to sanctioned countries or strategic allies. - Immediate liquidity: The sale of oil-backed tokens in crypto markets could generate quick revenue, especially if linked to high-cap cryptocurrencies like BTC or BNB. - Attraction of alternative investment: Crypto investors might see oil tokens as a way to diversify portfolios with physical backing.
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Repercussions in the global oil market
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3. Pressure on multilateral organizations: The IMF, OPEC, and other actors would have to adapt.
If Venezuela were to tokenize all its oil reserves in BTC or BNB and detach itself from the dollar, the impact would be seismic: it would unleash a reconfiguration of global energy trade, challenging the hegemony of the petrodollar and accelerating the adoption of crypto assets as strategic reserves. --- Introduction The Venezuelan economy has historically been anchored to oil and, by extension, to the US dollar, the dominant currency in global energy trade. However, in a hypothetical scenario where Venezuela decides to tokenize all of its oil reserves—estimated at over 300 billion barrels—in cryptocurrencies like Bitcoin (BTC) or Binance Coin (BNB), and completely detaches from the dollar, the impact would be profound both nationally and internationally.
now USA not only steal oil, gold ETC... NOW THEY STEAL BITCOIN AS WELL !!! 😩
Darkangelscoins
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Bullish
🚨 U.S. Seizes 127,271 BTC and Consolidates Strategic Reserve.
The U.S. Department of Justice (DOJ) announced the largest seizure of Bitcoin in its history: 127,271 BTC linked to an international scam network led by Chen Zhi. This operation was formalized through a civil lawsuit in the Eastern District of New York, with support from the Department of the Treasury (OFAC) and British authorities. The executive order signed by President Donald Trump in March 2025 establishes the creation of a Strategic Reserve of Bitcoin, marking a shift in the policy of managing seized assets.
With this action, the U.S. accumulates more than 325,000 BTC, positioning itself as the largest state holder of Bitcoin.
the currency exchange houses are those that are set up in that play of the price of usdt in Venezuela, they are based in Colombia Cúcuta and have accounts in Venezuelan banks.
Cortextrading
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THE USTD SITUATION IN VENEZUELA IS SERIOUS AND THE SELLERS ARE NOT TO BLAME, HERE I EXPLAIN
There are 2 important points to clarify before starting to talk about this, and I know I usually don't talk about these kinds of things, but I am fed up with seeing so many price differences around here, and all they do is harm.
The first thing to clarify is why this gap exists between the "real" dollar and the parallel dollar (which is indeed the real one), due to an imaginary rate set by the bcv or the government for the dollar. Most citizens resort to the parallel market to acquire foreign currency, which is actually the real market, as here the price is regulated based on supply and demand. Now, why doesn't everyone go to bcv? Because if you try to buy dollars at any bank, they will always tell you the same thing: "there are none," hence this market exists that keeps changing and is where the physical currencies are.