🇻🇪 #VENEZUELA AND THE CRYPTO ROUTE THAT HAS NO RETURN

In Caracas, they speak of "state bitcoinization" as if it were a new plan, but the truth is simpler (and more revealing): the State has been using BTC/USDT for years as a parallel way to move payments, protect liquidity, and evade a financial system that has it blocked. It is not ideology; it is technical survival.

This week, OTC flow rose 11% in the region. Key data: when OTC increases, silent adoption rises. Companies, businesses, individuals… and also the government itself. All searching for the same thing: a reserve that does not melt like the bolívar and a payment rail that does not depend on Washington or local banks.

And here comes the interesting part:

Even if there is a regime change tomorrow, this path does not dismantle. Why?

Because no government —neither the current one nor a new one— can rebuild a broken financial system, with weak reserves and zero trust, without using shortcuts. And today those shortcuts are called $BTC and $USDT.

What would change: the narrative and the opacity. A new government would probably order regulation, clean up state mining, and make the use of crypto more transparent. But giving up these tools would be an economic suicide.

In summary: Venezuela is not being "bitcoinized" out of fashion, but out of necessity. And that’s why, no matter what happens politically, the crypto route will continue… only with a different driver.