2026-01-06 20:34:39

Over the past 45 years, the economic trajectories of the two countries have been drastically different.

In 1980, South Korea's per capita GDP (Purchasing Power Parity) was only $2,000, while Venezuela was at $8,000 — it seemed that Venezuela was far ahead. But by 2025, the story has completely reversed.

South Korea's per capita GDP skyrocketed to $65,080, an increase of over 32 times. And Venezuela? It was almost stagnant at $8,780, with less than a 10% increase over 45 years.

This stark contrast reveals a fundamental truth: initial resource advantages do not guarantee long-term prosperity. Institutional choices, policy directions, and economic management are the key factors that determine a nation's wealth growth. For those considering asset allocation and long-term investment strategies, this is an enlightening case.

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MissingSats

· 01-09 19:32

That's why I've always said that制度 (systems) are more important than resources. Venezuela has abundant oil and gas, but they just lie flat, it's hilarious.

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RugPullSurvivor

· 01-09 10:06

Oh wow, this is outrageous. Venezuela has been like a deadlock for the past 45 years. It's really hard to imagine.

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ContractTester

· 01-09 08:35

Oh man, that's why I keep saying that the system is more important than resources... Korea's approach is really awesome, surpassing from the bottom up to 32 times, Venezuela truly wasted it...

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DeFiDoctor

· 01-09 07:36

This is the classic clinical presentation of "early advantages turning into anesthetics." Venezuela's oil resource records clearly state—ample liquidity but strategies with complications left untreated, leading to organ failure. And over in Korea, resource scarcity actually forced self-evolution of the system, resulting in a very impressive health assessment report. I want to ask—are we also repeating this script in the crypto world? What do projects with abundant early funding look like now... It’s recommended to regularly review how much "Venezuela" is in your investment portfolio.

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GateUser-e87b21ee

· 01-06 21:02

No... this is just outrageous. Venezuela's value has increased by less than 10% in 45 years? That's even worse than inflation. How devastating is that?

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DoomCanister

· 01-06 21:01

The system really matters a lot; Venezuela's 45 years are a vivid lesson.

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BlockchainBrokenPromise

· 01-06 20:59

The system is the real asset; no matter how much oil there is, it can't withstand reckless actions.

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ChainBrain

· 01-06 20:51

That's why I keep saying don't go all in on a single asset... the system is the decisive variable. Korea can multiply 32 times, while Venezuela stays stagnant. What does that tell us? It shows that just having oil isn't enough...

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TxFailed

· 01-06 20:47

the venezuelan playbook really is the crypto community's favorite cautionary tale, huh. except people still fall for it every cycle—shiny tokenomics, promising fundamentals, then... protocol quirk nobody bothered reading the docs for and suddenly your stack's worth 10% of what it was. learned this the hard way watching projects implode.

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CoffeeNFTrader

· 01-06 20:43

This is the power of the system. Korea's persistent reform efforts are truly admirable, while Venezuela's negative example is indeed remarkable. Leading early on doesn't mean much; without governance capability, you'll eventually fall behind... Just thinking about it makes me realize that asset allocation really depends on betting on the right national destiny.

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