This is why decentralization and resiliency is most important...

[aso118]

they even used the Bolivarian Intelligence Service for find these innocent guys 

These guys aren't innocent... it's a shitty thing for the Venezuelan government to do, but they were breaking laws, and the miners knew this. Holding foreign currencies (including Bitcoin or USD) is illegal in Venezuela. They knew that what they were doing could be grounds for legal troubles. They should have been using a VPN and done their mining more covertly, like the other miners in the country.

I'm not supporting Venezuela or damning Bitcoin users in Venezuela. I'm only pointing out that these two were not innocent.

Well, adoption of Bitcoin in Venezuela has increased hugely in the last few years. So if a law puts a significant portion of the population in breach of it, there must be something wrong with it.

[1714855147]

1714855147

[1714855147]

1714855147

[1714855147]

1714855147

[LiteCoinGuy]

they even used the Bolivarian Intelligence Service for find these innocent guys  

These guys aren't innocent... it's a shitty thing for the Venezuelan government to do, but they were breaking laws, and the miners knew this. Holding foreign currencies (including Bitcoin or USD) is illegal in Venezuela. They knew that what they were doing could be grounds for legal troubles. They should have been using a VPN and done their mining more covertly, like the other miners in the country.

I'm not supporting Venezuela or damning Bitcoin users in Venezuela. I'm only pointing out that these two were not innocent.

When having financial freedom and protecting your wealth is an illegal act, you are probably already living here:

[countryfree]

I knew Venezuela wasn't a nice place to live, but it's worse than I thought. I hope they'll get a decent lawyer arguing that laws restricting BTC are very new, and that they were about to close their mining operations.

It's also clear that if you plan to go on holidays and pay with BTC, you should not go to Venezuela.