Nobel Laureate Maria Machado Envisioned A Bitcoin National Reserve For 'New' Venezuela - But Bettors Doubt She'd Be Taking Over Caracas Anytime Soon

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Following Nicolás Maduro’s ouster, attraction has turned to Venezuelan absorption person María Corina Machado’s imaginable return, and with her, the prospects for Bitcoin (CRYPTO: BTC) successful the oil-rich nation.

Machado, who won the Nobel Peace Prize for her efforts to beforehand ideology successful Venezuela, is simply a known Bitcoin advocate.

In a 2024 interview, she described the apex cryptocurrency arsenic a "lifeline" for Venezuelans during periods of hyperinflation.

Machado envisioned Bitcoin arsenic portion of nationalist reserves successful a “new” Venezuela.

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Venezuela has a agelong past of cryptocurrency usage amid hyperinflation, some by citizens seeking monetary stableness and the authorities relying connected Tether (CRYPTO: USDT) and Bitcoin to bypass sanctions.

The state recorded astir $45 cardinal successful cryptocurrency transaction volumes for the play betwixt July 2024 and June 2025, according to blockchain analytics steadfast Chainalysis. It besides stood supra countries specified arsenic Japan and Argentina successful Chainalysis’ 2025 Global Crypto Adoption Index.

Some reports suggest that Venezuela whitethorn already beryllium sitting connected a immense Bitcoin pile.

Multimedia work Project Brazen stated that the state could clasp arsenic overmuch arsenic $60 cardinal successful BTC, citing sources acquainted with the matter.

A blimpish estimation by Bitcointreasuries.net, a wide utilized root for information connected Bitcoin treasury firms, pegs Venezuela’s holdings astatine 240 BTC, worthy $22 million, arsenic of this writing.

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Interestingly, CNBC speculated that the U.S. perchance seizing Venezuela’s BTC reserves and adding it to its ain Strategic Bitcoin Reserve could enactment arsenic a “bull case” for the market. The legality of specified a move, however, is debatable.

The different facet to ponder is whether Machado tin presume powerfulness anytime soon, fixed that Venezuela is inactive led by Maduro’s deputy, Delcy Eloína Rodríguez.

Bettors connected Polymarket hardly spot immoderate accidental of the U.S. recognizing Machado arsenic the person of Venezuela. She, however, vowed to instrumentality to her state successful a caller interrogation with Fox News.