True enough. The question is whether it is an advisable procedure, even in an improvisational setting . I doubt that it is a good idea. Staunch the blood flow with something less permanent,like a pressure dressing.

By the same token, whiskey has been consumed for snakebite. The victim survived, but that doesn't mean that "booze for bites" is a good idea....Very likely, survival occurred in spite of the treatment, not because of it.