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María Corina Machado, a human rights activist and political opposition leader in Venezuela who has called Bitcoin a “lifeline” for Venezuelans, received the 2025 Nobel Peace Prize for promoting democracy in the South American country. Machado praised Bitcoin (BTC) as a pro-freedom technology in a 2024 interview with Alex Gladstein, chief strategy officer at the nonprofit Human Rights Foundation. She said: “Some Venezuelans found a lifeline in Bitcoin during hyperinflation, using it to protect their wealth and to finance their escape. Today, 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. The only way to help Venezuela’s poorest is by ensuring property rights, low inflation, equal access to opportunity, and government,” she said.  Source: Maria Corina Machado Critics have said the Venezuelan opposition movement is a tool of foreign interests. Five Venezuelan opposition leaders met with US secretary of state Marco Rubio in May to discuss plans for regime change in the country, according to The New York Times. Political activists, resistance movements and individuals facing hyperinflating local fiat currencies with strict currency controls continue to view Bitcoin as a lifeline, allowing these groups and individuals to preserve wealth and circumvent state currency controls.  Related: Jack Dorsey urges tax-free status for ‘everyday’ Bitcoin payments Peer-to-peer technology as a tool of freedom Peer-to-peer technology is emerging as a tool for political opposition movements fighting against the monopoly on force wielded by state governments. The trucker convoy protesters who demonstrated against the Canadian government’s COVID-19 restrictions in 2022 turned to Bitcoin after the government froze their bank accounts and funding sources. A federal judge later ruled that the action was unconstitutional. Canada’s government was also able to seize about five BTC sent to the protesters over centralized…

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Filed under: News - @ October 11, 2025 11:26 am