Simply Bitcoin What Does Bitcoin Have to do with Maduro's Capture? | Bitcoin Simply
Jan 4, 2026
Mauricio, the Venezuelan-born founder of Ledn, shares his personal insights on hyperinflation and its devastating impact on families. Maria Corina Machado, a prominent opposition leader, highlights the role of Bitcoin as a tool for resisting Chavismo's financial repression and rebuilding national wealth. They discuss the critical relationship between Bitcoin and freedom in Venezuela, emphasizing how decentralized money emerged as a lifeline amid authoritarian rule and economic collapse.
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Early Signs Of Economic Collapse
- Mauricio recounts growing up in Venezuela and watching Hugo Chávez rise after a pardon and constitutional changes.
- He describes early expropriations, media control, and monetary expansion that signaled systemic economic decay.
Commodity Booms Mask Monetary Damage
- Chavez's policies created an illusion of prosperity while underlying monetary damage progressed through heavy money printing.
- Mauricio explains that oil booms masked currency destruction until hyperinflation took hold.
Election Theft And Return
- Mauricio describes returning to Venezuela for the 2013 election only to see the regime steal the vote and consolidate power.
- That theft marked a turning point toward deeper economic collapse under Chavez's successors.