Nobel Prize winner calls Bitcoin a lifeline
Bitcoin has become a “lifeline” for Venezuelans amid the country's ongoing political and economic crisis, said Venezuelan opposition politician and 2025 Nobel Peace Prize laureate Maria Corina Machado.
Maria Machado called the first cryptocurrency a challenge to authoritarian regimes that suppress people's freedom through economic and political restrictions.
“Bitcoin, as a decentralized cryptocurrency and a digital asset independent of central banks, has become a symbol of resistance to such mechanisms for the people,” said the leader of the opposition party Vente Venezuela.
Machado discussed the practical benefits of Bitcoin in Venezuela, where hyperinflation and financial restrictions have virtually devalued the national currency, and residents use BTC to store funds and make transfers, circumventing government controls and restrictions.
“Bitcoin has become a lifeline against political and economic oppression. While governments use money as a weapon and an instrument of repression, cryptocurrency gives citizens hope for financial independence,” Nobel laureate X wrote on social media.
Elobservador previously reported that the rapid devaluation of Venezuela's national currency and the prolonged economic crisis have led to the emergence of a parallel cryptoeconomy, where residents actively use digital assets in everyday transactions.
Source: cryptonews.net
