average_bitcoiner
· 5w
Venezuela Just Proved the Bitcoin Bull Case, And No One Is Paying Attention
Maduro used Tether to move 80% of Venezuela's oil revenue. Billions in sanctions evasion, settled on Tron since 2020.
Then...
Not the smartest move by Venezuela. It has been well known for a while that Tether would comply with government enforcement requests.
Let this be a lesson to other countries. Trade in Bitcoin and store in self custody.