US Attacks in Venezuela and Greenland Lay Groundwork for Billionaire Fiefdoms
Briefly

US Attacks in Venezuela and Greenland Lay Groundwork for Billionaire Fiefdoms
"On January 3, 2026, Tim Stern, a German investor, was sleeping peacefully at his Venezuela residence when the phone on his small bedside table suddenly went wild. As he explained to Timothy Allen of the " Free Cities Podcast," calls streamed in immediately after news broke that the United States had bombed Caracas in the early hours of the morning. Within hours, it was clear that Venezuelan President Nicolás Maduro had been captured and was being sent to the United States - a change, Stern said in the podcast, that "is going to be the start of an absolute bonanza here in Venezuela.""
"Oil interests were at the center of the U.S. invasion of Venezuela; U.S. President Donald Trump has made clear his intentions to reclaim nationalized Venezuelan oil for U.S. companies and to oversee the sale of Venezuelan crude. However, Stern is not involved in the oil industry. Instead, he's the co-founder of a blockchain-based residential settlement called CryptoCity, a luxury real estate development spanning 35 hectares on Venezuela's Margarita Island. Margarita, an island with duty-free port status and a population of around 490,000, depends largely on the tourism industry and has suffered hardships due to Venezuela's economic crisis."
"However, CryptoCity is promoted to German and other foreign investors as a highly exclusive enclave. It boasts of luxury living for "high net-worth" entrepreneurs fully vetted and selected through a rigorous process. All transactions in the zone must be made in crypto, and residents form part of a"
On January 3, 2026, the United States bombed Caracas and Venezuelan President Nicolás Maduro was captured and sent to the United States. German investor Tim Stern received immediate calls and predicted the event would trigger an 'absolute bonanza' in Venezuela. The U.S. invasion centered on oil interests and intentions to reclaim nationalized Venezuelan oil for U.S. companies. Tim Stern co-founded CryptoCity, a blockchain-based luxury residential settlement spanning 35 hectares on Margarita Island. Margarita has duty-free port status, about 490,000 residents, and relies on tourism while suffering from the national economic crisis. CryptoCity is marketed to German and other foreign high-net-worth investors, mandates crypto-only transactions, and vets residents through a rigorous selection process.
Read at Truthout
Unable to calculate read time
[
|
]