Depends if bitcoin really blew up in Venezuela. I heard news about the people there starting to use it, but I'm not specifically certain if it's in a very large scale type of usage, so nothing can be expected of it for now.
Still, it shows great promise and provided that more people are to learn more about bitcoin, there will become a huge possibility of cryptocurrency beating socialism in that country.
I have no doubts bitcoin can help common citizens with their daily needs in Venezuela, but I totally disagree it can smash socialism there. In fact, crypto currencies are making the socialism maintenance in Venezuela, because a big part of the citizens' income is going to pay taxes that fund the government and all its employees, the *system*.
You know there are fast foods and probably other stores there accepting crypto as payment method without any interference from the government, what means it is not a threat to Maduro. Actually socialists have nothing to complain about bitcoin or crypto, because that is the way people are bringing money from outside to their country.
Quite possible, especially when the upper echelons in the government aren't using their very own currencies as well, so there's not much more that bitcoin can do.