Did Venezuela Secretly Stack Hundreds of Thousands of Bitcoi...
By Maxime Laurent · 2026-01-06 15:08
Did Venezuela Secretly Stack Hundreds of Thousands of Bitcoin?
Rumors say Venezuela may have quietly built up to 600k $BTC to dodge sanctions — but proof is thin and risks are huge.
This one feels like a late-night story you hear when the bottle is half empty and everyone leans closer. Fascinating, dangerous, and impossible to fully verify 🌒
The rumor going around is wild: Venezuela may have been accumulating a shadow $BTC reserve for years. Numbers being thrown around range from 600,000 to 660,000 $BTC — that’s $60–70 billion at today’s prices. Officially? Only 240 $BTC are confirmed.
The alleged playbook goes like this:
Since 2018, gold sales quietly converted into $BTC to bypass US sanctions
Later, some oil transactions reportedly settled in stablecoins
Those stablecoins then rotated into $BTC, off the radar
If true, it’s not just clever — it’s bold. Using Bitcoin as a sovereign escape hatch is exactly what early cypherpunks dreamed of… and exactly what regulators fear.
But here’s the cold shower. Even if this reserve exists, it’s likely fragmented, custodied in risky ways, or already compromised. And with regime changes, arrests, and international pressure, those coins could be frozen, seized, or stuck in courts for years.
I’ve seen this movie before in crypto: huge numbers, zero proof, endless speculation. Possible? Yes. Confirmed? Not even close.
Still, the idea alone shows something important. States don’t just talk about Bitcoin anymore — some may have been using it quietly all along. Sans bruit.
Until hard evidence appears, this stays in the drawer labeled “dangerous if true.” And that’s already saying a lot.
#Bitcoin #Venezuela #CryptoRumors #Geopolitics #Sanctions #OnChain #CryptoFriture
Rumors say Venezuela may have quietly built up to 600k $BTC to dodge sanctions — but proof is thin and risks are huge.
This one feels like a late-night story you hear when the bottle is half empty and everyone leans closer. Fascinating, dangerous, and impossible to fully verify 🌒
The rumor going around is wild: Venezuela may have been accumulating a shadow $BTC reserve for years. Numbers being thrown around range from 600,000 to 660,000 $BTC — that’s $60–70 billion at today’s prices. Officially? Only 240 $BTC are confirmed.
The alleged playbook goes like this:
Since 2018, gold sales quietly converted into $BTC to bypass US sanctions
Later, some oil transactions reportedly settled in stablecoins
Those stablecoins then rotated into $BTC, off the radar
If true, it’s not just clever — it’s bold. Using Bitcoin as a sovereign escape hatch is exactly what early cypherpunks dreamed of… and exactly what regulators fear.
But here’s the cold shower. Even if this reserve exists, it’s likely fragmented, custodied in risky ways, or already compromised. And with regime changes, arrests, and international pressure, those coins could be frozen, seized, or stuck in courts for years.
I’ve seen this movie before in crypto: huge numbers, zero proof, endless speculation. Possible? Yes. Confirmed? Not even close.
Still, the idea alone shows something important. States don’t just talk about Bitcoin anymore — some may have been using it quietly all along. Sans bruit.
Until hard evidence appears, this stays in the drawer labeled “dangerous if true.” And that’s already saying a lot.
#Bitcoin #Venezuela #CryptoRumors #Geopolitics #Sanctions #OnChain #CryptoFriture
Disclaimer: This content is for informational purposes only and not financial advice.