The Chavez-Maduro model reveals a predictable cycle in centralized political economies. First comes the rhetoric—demonizing wealthy elites as enemies of the people. Then comes action: seizing industries and private property under state control. The seized resources fuel welfare programs designed to consolidate support and maintain power through economic dependency. Simultaneously, the judiciary gets packed with loyalist judges, dismantling checks on executive authority. For a while, this strategy works. But eventually, mismanagement and capital flight drain reserves. Without genuine market incentives or fiscal discipline, the economy deteriorates. Currency collapses. Shortages spread. The system implodes. This pattern isn't unique to Venezuela—similar dynamics played out across Cuba, the Soviet sphere, and various command economies. The lesson for crypto communities: hyperconcentrated power and resource control, whether political or economic, follow predictable failure trajectories. Decentralization isn't just ideology—it's a response to centuries of evidence showing that centralized control breeds inefficiency and collapse.