Yes, but only if they addapt their financial system to cryptos, if they just want to run their own crypto by their own rules, they are going to fail one more time.
Do you think bitcoin will help debt ridden or poor countries
Venezuela wants to start their own cryptocurrency, but probably it will be a mess. It is going to be centralized and probably the only ones who are going to be available to buy that one, are going to be the people from there.
And you all know that most of the people from there does not even have a dollar, because they live a whole month with a dollar!!!!!!!!! Because of this the marketcap will stuck and it will never go up.
But if they allow other investors, then it can be taken more seriously, and i would invest in there too, only a few bucks
Yeah, they do not understand that the reason for their failures is not someone else but themselves so if they create their own crypto they are going to fail once again and their economies are going to crash as a consequence of their mistakes.