# Venezuela

The United States has arrested Venezuelan President Nicolás Maduro on charges of drug trafficking and money laundering. Multiple media outlets and intelligence analysts state that the Venezuelan government has secretly accumulated approximately 600,000–660,000 Bitcoins since 2018 through various means.
How did they accumulate so much BTC? Since the US intensified sanctions in 2018, the Maduro regime has used several methods to bypass the US dollar system and banking restrictions:
1. Gold for Bitcoin: In 2018, they exported大量 gold from the Orinoco mining region (about 73 tons, worth around $2.7

Politics Ignite the Markets..
And Bitcoin Chooses Its Side
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When geopolitical plates move, capital seeks refuge, and today we are witnessing a financial scene that redefines the concept of "safe haven."
Following recent US moves in ‎#Venezuela Venezuela, it wasn't traditional currencies that led the scene, but gold and Bitcoin.
Gold jumps to historic levels above $4,400,
And at the same time, Bitcoin breaks its silence to touch $93,000, its highest level in weeks.
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What does this synchronization tell us?
Bitcoin has long suffered from an identity crisis:
Is it a risk asse