[muzani]

I think the problem is also "Venezuelan banks". Bank runs tend to happen in these countries. A bank run is when people expect a bank to collapse, so they pull out money, forcing the bank into debt, and actually collapsing them. The patch for this is government insurance but Venezuelans likely don't trust their gov enough. Bank runs happen plenty in uninsured finance e.g. crypto too, but crypto exchanges today are more stable.

So crypto helps as an alternative method of holding money. You can buy/sell in USDT over some wallet or exchange. Your wallet is your own, in your device. The government can make it illegal, but that doesn't mean they can stop you. It doesn't collapse, but there's always the risk of being robbed, as with cash or jewelry.