Opposition leader Maria Corina Machado wants to include Bitcoin in Venezuela's list of reserve assets, following the example of nearby El Salvador.
During a recent interview, Machado, a former member of the National Assembly, noted the incredibly high rate of depreciation of the national currency, the bolivar, due to the highest level of inflation. According to her, prices for basic goods double almost every two days, and the country's economy continues to collapse.
To stabilize the situation, Maria proposes creating a Bitcoin reserve fund and, apparently, starting to buy cryptocurrency with budget funds. She is convinced that savings in digital assets will help restore the country's financial system against the backdrop of declining gold reserves.