2026-01-04 00:24:51

How to explain the USA/Venezuela situation using cryptocurrency terms?

Think of it this way: the USA would be the dominant node with the highest hash power and control over the network, setting the protocol standards. Venezuela would be in a position of lower computational power, operating on the network but without the ability to alter the consensus rules.

The tension between the two is like two participants in a blockchain: one controls the majority of validators (political-economic power), while the other tries to maintain its participation despite resource disadvantages.

The question is: can a minority node propose a successful fork? Or eventually be forced to operate under the terms of the dominant protocol?

In cryptocurrency terms, this is the ongoing battle between centralization of power and the resistance of weaker actors. A lesson that the crypto community understands well: the protocol that controls the consensus controls the future.

This geopolitical dynamic reflects fundamental principles that any blockchain also faces.

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DegenRecoveryGroup

· 16h ago

Nah bro, that analogy is spot on... But honestly, weak nodes can't really fork, and in the end, they still get swallowed up.

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WhaleMistaker

· 01-05 10:20

Wow, that's a perfect analogy. The USA is the major holder with 51% of the computing power. Venezuela's attempt to create its own chain is doomed to fail, and in the end, they have to follow the main chain's rules. The money and power system is exactly the same as the centralization issue in cryptocurrencies...

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FUD_Whisperer

· 01-04 00:54

Nah, this analogy is brilliant. The USA is the big player behind the 51% attack, while Venezuela simply doesn't have the capital to fork... By the way, this logic is quite ironic when applied to the crypto world.

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FUDwatcher

· 01-04 00:48

Wow, that's a perfect analogy. The USA is like the major mining pool holding the mainnet discourse power, while Venezuela doesn't even have the hash power to fork a parallel chain... Basically, it's a game of power; the weaker side is always crushed by the rules.

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Whale_Whisperer

· 01-04 00:46

Hey, that analogy is indeed interesting, but the USA's hash power is just too overwhelming; Venezuela can't really fork at all.

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NotFinancialAdvice

· 01-04 00:36

ngl, this analogy is quite spot on, but reality is much harsher than a fork... vulnerable nodes have no chance to hard fork at all.

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BridgeTrustFund

· 01-04 00:34

This analogy is really spot on. The USA is the major miner with 51% of the hashrate, and Venezuela can't fork out that hashrate... To put it simply, weak nodes are forced to play the game of the big players.

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TopBuyerBottomSeller

· 01-04 00:27

Haha, that's a perfect analogy. The USA is the big player performing the 51% attack... Venezuela doesn't even have the hash power to fork.

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