📉 Venezuela and Bitcoin: Salvation or Illusion?
- Maria Corina Machado discussed the role of Bitcoin in the fight against hyperinflation in Venezuela.
- Bolivar has lost 14 zeros since 1999, inflation reached 1.7 million% in 2018.
- Bitcoin helps to bypass government rates and save savings.
- After the 2024 elections, the government blocked access to Binance and other platforms.
- Machado sees Bitcoin as part of the national reserves for economic recovery.