BREAKING: 🇻🇪 Leader of Venezuelan Opposition María Corina Machado proposes using #Bitcoin as a national reserve asset.
Bitcoin is a “lifeline” and “vital means of resistance” 🙌 pic.twitter.com/5R1q7zVHyy
— Bitcoin Magazine (@BitcoinMagazine) September 5, 2024
In the interview, Gladstein pointed out that Venezuelans are turning to Bitcoin to tackle hyperinflation, protect their savings, and fund their emigration. Machado concurred, calling Bitcoin a crucial aid for avoiding state-controlled exchange rates. She proposed integrating Bitcoin into Venezuela’s national reserves to help recover wealth and rebuild after the dictatorship.
“Bitcoin bypasses government-imposed exchange rates and helps many of our people… It has evolved from a humanitarian tool to a vital means of resistance,” Machado stated.
Machado highlighted that Bitcoin facilitates the evasion of government exchange controls and has evolved from a humanitarian instrument to a critical tool for resistance.
We envision Bitcoin as part of our national reserves, helping rebuild what the dictatorship stole.”
Furthermore, Machado underscored the determination of the Venezuelan populace to reinstate democracy, referencing their longstanding opposition to the regime. She acknowledged the significance of technologies like Bitcoin in fostering financial autonomy and aiding in the restoration of a democratic Venezuela.
As we reported in CNF, as Bitcoin’s value grows, it could offer Venezuela a long-term solution, potentially attracting foreign investment and positioning the country as a hub for crypto digital currency innovation in Latin America.
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Publish date : 2024-09-07 12:46:00
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