Venezuela’s Madura Shafted From Gold Storage, Self-Sovereign BTC Shines

Venezuela’s allegedly corrupt leader, Nicolás Maduro, recently lost a court battle involving approximately $1 billion of gold. 

“The UK High Court has ruled against Venezuela’s government in a legal battle over access to $1bn (£820m) of gold stored in the Bank of England,” BBC said in a July 2 article. 

As a self-sovereign digital asset, Bitcoin lies outside of centralized control. If Maduro stored that value in Bitcoin, he may still have access to those funds.

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