Nobel Laureate Maria Machado Envisioned A Bitcoin National Reserve For ‘New’ Venezuela – But Bettors Doubt She’d Be Taking Over Caracas Anytime Soon

Following Nicolás Maduro’s ouster, attention has turned to Venezuelan opposition leader María Corina Machado’s potential return, and with her, the prospects for Bitcoin (CRYPTO: BTC) in the oil-rich nation.

Machado Called Bitcoin ‘Lifeline’ For Venezuelans

Machado, who won the Nobel Peace Prize for her efforts to advance democracy in Venezuela, is a known Bitcoin advocate.

In a 2024 interview, she described the apex cryptocurrency as a “lifeline” for Venezuelans during periods of hyperinflation.

Machado envisioned Bitcoin as part of national reserves in a “new” Venezuela.

Venezuela’s Crypto Adoption

Venezuela has a

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