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October 14, 2025Bitcoinist logoBitcoinist

Nobel Prize Winner Declares Bitcoin A Force For Economic Liberation

María Corina Machado, a leading figure in Venezuela’s opposition, was awarded the 2025 Nobel Peace Prize for her long campaign to restore democratic rule and human rights in the ￰0￱ say she has also become one of Latin America’s most public supporters of Bitcoin, calling the cryptocurrency a “lifeline” for Venezuelans coping with strict currency controls and runaway ￰1￱ Highlights Bitcoin Role The Nobel Committee’s decision puts Machado at the center of both political and economic ￰2￱ to the committee, her work has rallied many Venezuelans against ￰3￱ the same time, Machado has described Bitcoin as a tool people used to protect savings, send remittances, and avoid state-controlled exchange ￰4￱ claim was made during a 2024 interview with the Human Rights ￰5￱ the first time in history, the Nobel Peace Prize was awarded to a ￰6￱ to Maria Corina Machado, and also to @HRF who continues to explain to the world what is so obvious to so many- Bitcoin IS human rights ￰7￱ — Jeff Park (@dgt10011) October 10, 2025 Venezuela’s Economic Collapse And Its Fallout Venezuela’s economy entered a deep crisis after 2016 and through the next several years, with hyperinflation and a sharp drop in ￰8￱ show years of runaway prices and a steep fall in the bolívar’s value, driving many families to seek foreign currency or alternative stores of ￰9￱ numbers of people left the country and many more relied on informal markets and remittances from ￰10￱ As A Practical Tool Based on reports and interviews, ordinary Venezuelans used Bitcoin not as a speculative asset but as a working solution to daily ￰11￱ helped some to move money across borders when official channels were closed or ￰12￱ and other activists have argued that peer-to-peer crypto markets can let people access funds without going through state-controlled systems.

Politics, Allies, And Accusations Machado’s international profile has brought allies and ￰13￱ note contacts between opposition figures and senior US officials, and observers say Machado has ties with US conservatives, including US President Donald Trump and Secretary of State Marco ￰14￱ has denied that her movement is directed from abroad and she has framed outside support as solidarity with Venezuelan citizens facing ￰15￱ Turbulence And Recovery Bitcoin’s recent price swings have drawn fresh attention to its real-world ￰16￱ to market data , a sharp sell-off pushed the asset as low as $102,000 after open interest on derivatives fell by about $12 billion, sliding from $47 billion to $35 ￰17￱ later stepped in and prices climbed back toward about $115,110, an intraday rebound that left Bitcoin up more than 3% on the day in some ￰18￱ image from NewsX, chart from TradingView

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