Way to over simplify things. Present-day Venezuela is very far from being communist even though the current government likes to market itself as such.
The reason Venezuela is like it is now is an incredibly complex subject spanning several decades of bad governments, corruption, oil money dependency, social inequality, etc ... accelerated by a particularly disastrous current government.
People in Venezuela will still need Bolivares for everyday life, though. So, just like people now buy USDs or Euros as savings they could also do it with bitcoins I guess, no?.
Also, as far as I know, it's illegal in Venezuela to buy/sell foreign currency outside of the systems provided by the state. The anonymous nature of bitcoins could be an advantage in that sense.
I don't know if they have an alternative currency but there are some community banks similar to that one operating there (http://www.bankomunales.com/ (in Spanish)).
Cool, thanks for the link. For anyone else interested...
"Fundefir created a model of self-managed financing called Bankomunales con K, based on the exclusive use of funds from members of community groups, as a source of financing."
"Currently, there are around 150 groups, or Bankomunales, in 9 Venezuelan states."
This is exactly how voting works in Venezuela. That way you have two vote counts (electronic and physical) which need to match up exactly when counted. This ideally makes it harder to commit a fraud than having just one.
In a few countries they will give you a flat fee as long as you are unemployed (UK) but in others it's linked to your previous salary and only for a short time (Spain and Germany). Others I don't know much about.
> but in others it's linked to your previous salary and only for a short time (Spain and Germany)
That's the unemployment benefit but if / after you're not entitled to that, you get different benefits. In Germany it's 382 EUR + housing and healthcare expenses according to wiki.
And even the relevance of the credit score depends on where you are and what you're planning to do with it. Where I live you can get mortgages without a credit history as they value more that you can live within your means than having a history of going over it.
Lenders do rely on a variety of factors when deciding who to lend money to but the credit score (as in FICO in the US) doesn't depend "on where you are and what you're planning to do with it".
The reason Venezuela is like it is now is an incredibly complex subject spanning several decades of bad governments, corruption, oil money dependency, social inequality, etc ... accelerated by a particularly disastrous current government.