It is strange that Bloomberg is now resorting to publishing clickbait articles to attract traffic. Venezuela seems to be desperate to inflate its Forex reserves, which as per the latest reports amounts to less than $8 billion. They want to inflate the value of the holdings, so that the national currency (Bolivar) could be exchanged for better rates.

But from where they are going to get Bitcoin or Ethereum for their reserves? A country which can't afford to import toilet paper is now trying to amass cryptocurrency? I think they should stick to their old plan of accumulating gold from the wild cat miners of the Amazon rain forest and exchanging it for foreign currency in the international market.