币圈老鱼🌊🌊|Jan 03, 2026 09:52
The essence of the U.S. attacking Venezuela is the same as when it attacked Iraq back in the day. At the root of it, it's all about maintaining the dollar's pricing power over oil. The 'petrodollar' is the foundation of the U.S. economy. Absolute pricing power is the cornerstone of dollar hegemony.
Venezuela has the largest oil reserves in the world and has been trying to de-dollarize in recent years. They've been attempting to settle transactions using euros, yuan, gold, and digital currencies, bypassing the dollar settlement system. Back then, Iraq also tried to de-dollarize, wanting to settle in euros.
This is essentially the same as the U.S. now going all out to promote cryptocurrencies. If they can't kill BTC, then they need to ensure that cryptocurrencies are priced in dollars.
Venezuela is being treated as an easy target this time. On one hand, it's a warning to others, and on the other, it's a way for Trump to show his toughness and gain more votes for the midterm elections.
Based on the current information, the impact on crypto prices is just short-term volatility. The key factor affecting crypto remains market liquidity. The Venezuela situation is just a side note.
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