Recently, due to the chaos generated by the capture of "Mr. Maduro".

the USDT currency against the bolivar has experienced significant volatility.

In the early morning hours following his capture by US military forces, the currency jumped from approximately 600 VES per USDT to 900 (nearly reaching 1000 VES) before settling back down to 639 by morning. The surge in trading volume during the hours of the capture catapulted the currency's price almost 100% above its previous day's price. (It had been trading at approximately 516)

In the days that followed, its price continued to climb, trading at 650, 739, and then reaching highs of around 850.

This obviously caused a rise in the prices of food and all kinds of goods. Then the USDT began to fall again.

Yesterday afternoon, it was trading between 645 and 614. Many people, seized by panic (including some acquaintances), sold cash dollars to buy USDT.

Yesterday, an announcement was circulated by BINANCE VENEZUELA prohibiting price increases, or rather limiting how much traders could raise prices for this currency on their P2P platform. IMMEDIATELY, the price began to fall.

So that TODAY dawned with a price of 585 VES.

And yesterday, for a moment, it traded at 500 VES.

What is the lesson here?

This is what happens when people trust centralized currencies controlled by governments or corporations. (They lose money and real purchasing power). None of the people I talk to often bought Bitcoin. They were all blinded by the USDT prices. Some speculated that it would rise further due to government tensions, while others thought the price would fall due to those same tensions.

No regulatory or governmental entity can suppress the price of Bitcoin or say that the price should be lowered because it is too high.

This is one of Bitcoin's greatest strengths (being ungovernable) and not depending on any state to define its price or how much it should cost in the medium or long term.

Meanwhile, Bitcoin was around $90,000, regardless of what was happening with the VES or USDT.