Core Insights - Venezuelan opposition leader María Corina Machado, a recent Nobel Peace Prize winner, has been an advocate for Bitcoin, calling it a "vital means of resistance" against the Maduro regime [1][4]. Group 1: Nobel Prize and Political Context - Machado received the Nobel Peace Prize for her efforts in promoting democratic rights in Venezuela and opposing the Maduro government [2]. - Following her award, Machado expressed gratitude towards former President Donald Trump, highlighting the political dynamics surrounding her recognition [2]. Group 2: Bitcoin's Role in Venezuela - Machado described Bitcoin as a "lifeline" for Venezuelans facing hyperinflation, emphasizing its ability to bypass government-imposed exchange rates [4]. - She envisions a future where a "new democratic Venezuela" will integrate Bitcoin into its national reserves [4]. Group 3: Cryptocurrency Usage in Venezuela - Venezuela is among the top Latin American countries in cryptocurrency adoption, with nearly $45 billion in transaction volume recorded from July 2024 to June 2025 [5]. - The Venezuelan bolívar has depreciated by almost 98% against the U.S. dollar over the past decade, driving the demand for alternative assets like Bitcoin [6].
Did You Know, María Corina Machado, Who Thanked Trump After Receiving The Nobel Peace Prize, Is A Bitcoin Supporter
Yahoo Finance·2025-10-13 23:31