[j_lev]

Bitcoin is just a part of the solution, a single arrow in the war against the disgusting institutionalized theft being perpetrated by the Venezuelan government.

Other "arrows" include the existence of a thriving black market, competition from other currencies (ie the US dollar), the $300 stipend, the barter system, etc. All these give the citizens a choice to not use VEF for transactions, and as demand for something goes to zero (especially in the face of ever-increasing supply), so goes it's value.

Regarding crypto-currencies specifically, if it is proven that there is a market for "Bitcoin plus alpha" (eg guaranteed convertibility for USD - probably not gonna happen but for example) tailored for the Venezuelan market then you can bet someone is working to make that "V-coin" a reality.

So don't look at Bitcoin as the silver bullet solution to solve Venezuela's woes, but rather as a significant step in the war against oppressive government.