We have recently heard that the central govt of Venezuela is buying cryptocurrency to solidify their position a bit and fight with the current state of hyperinflation. I think this might be the last chance of Venezuela before they become the second Zimbawe. But they just have one thing to their advantage which is that they have natural resource in form of oil. They can sell it and buy some cryptocurrency and create some fiat backed by cryptocurrency. Last time I heard they were even trying to make petro cryptocurrency which too failed miserably.