Jeff Park

I think midterms will be really interesting.

And there's a lot of around this forces coming together to create a pretty dynamic year for investing.

So funny.

Almost like a varsity sports kind of vibe where you see Twitter feeds just scrolling through the screen.

Just monitor the situation, right?

Indeed, indeed.

Well, if I have to put on a little bit of my tinfoil hat, I do think it's quite probable that Venezuela has Bitcoin.

I don't know what, of course, the magnitude of that amount is, but for all the reasons that Bitcoin represented freedom money in the ways that Venezuela has long been sanctioned outside of the correspondent banking system,

It's very likely there is Bitcoin within Venezuela.

The open question is, in the way that Stash exists, how much of it comes from drug trafficking and how much of it comes from asset seizure of its own citizens?

Because I think the narrative changes a little bit if you were to create a strategic reserve based on that forfeiture of assets where it was basically ill-gotten.

Because then people will be more willing to say like, okay, yeah, the drug traffickers shouldn't get those things, so we're just going to seize it.

And people will feel relatively, I think, more morally open about that.

It's a little bit different when it's like the sovereign's capital for the people and then the U.S.

takes it.

Then that's a little bit bad, right?

So I think that there are devils in the details to this.

And of course, like-

Yeah, no, it's tricky.

I think, though, what's really fascinating is Venezuela is not new to crypto from a technological perspective either.