What comes next is that a few Exxon executives will go back to being obscenely rich, while Venezuelans remain poor after losing control over 80% of their oil reserves.

There is no country from which the US forcefully seized or restructured control over oil that ended up better off in the long run.

Gaddafi nationalized oil and ensured Libyans had free healthcare, free education, and one of the highest standards of living in Africa. Heck, he bridged left and right, something US has not been able to do. But instead the US army sodomized him to death in the name of “liberation from the dictator”, seized the oil and made Libya the poorest in the region.

Ironically, this Venezuela incident would have been a good moment for bitcoin influencers to say “bitcoin fixes this,” because the root of the issue drills down to currency war. Not justifying theft