After Nicolás Maduro’s removal, attention shifts to potential return of Venezuelan opposition leader María Corina Machado, who supports Bitcoin in Venezuela. Machado, a Nobel Peace Prize winner, has praised Bitcoin as a “lifeline” during hyperinflation. Venezuela has a history of using cryptocurrency amid economic challenges, with reports suggesting the country may hold up to $60 billion in Bitcoin. Chainalysis data shows $45 billion in crypto transactions, putting Venezuela ahead of Japan and Argentina in adoption. Some speculate the U.S. could seize Venezuela’s Bitcoin, impacting the market. Bettors are skeptical of Machado assuming power soon.
Read more at Yahoo Finance: Nobel Laureate Maria Machado Envisioned A Bitcoin National Reserve For ‘New’ Venezuela
