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Venezuela has the largest proven oil reserves of ALL countries.. yes, including Russia and Saudi Arabia. If they manage to take full advantage of that, oil prices can dramatically change worldwide.
Those oil reserves are being saved for the rebuilding of the new world economies after the collapse of the current ones.
Reserves of oil in Venezuela quantitatively exceed the reserves of other countries, that`s true. They constitute 17.5% of the world's oil reserves. However, the quality of oil is far from the best because of the high sulfur content and density. Revenues from exports are declining, as a consequence, the level of oil production is falling. Therefore, I don`t think that oil will become a salvation for Venezuelans and the basis for creating a new economy. I think that the government of the country should also bet on other types of extractive industry: there are large deposits of iron ore, bauxite and coal in the country. I'm not technically aware of the quality of their oil, but I know that it costs too much to build the infrastructure. Many countries invite huge companies to invest in their petrol sector and they benefit from new techs, infrastructure etc. However, I don't think that Maduro will allow foreigners inside. This means that they have low chances to develop something as they are lack in funds. |
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It is terrible to live in Venezuela right now. From what I've read in the news, a lot of their citizens want to get out of the country because of the corruption in their country. Well, maybe having blockchain implemented can make their government be more transparent and avoid corruption. But I guess if the corrupt leaders know about this, they would do their best to not adopt it.
no they cant, maduro runs a pyramid system, he has to feed his small army and police first that surpresses the rest of the population. this privileging of the army over others is what makes people thing "corruption" is happening By the way, I saw a news from the site where they are going to pump oil. there is nothing there. And the infrastructure costs much higher than gov can afford. I think there are much things to think about investing in El Petro... |
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Hey guys what's your price prediction for universal in the end of 2018?want to invest something, but still can't choose between universal and odyssey...your suggestions?
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I see it might be possible for Universa to overtake bitcoins place.
well when talking about high tps, low fee and applicability - definitely |
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do you offer any kind of discounts to early investors?
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a group of my friends are developing computer games on blockchain. I wonder if Universa would be interested in cooperating with them. I know many are inpatient about main net getting lurched and universa go public, but I like to think that this is because they're investing their time and effort to make the best product on the market int his segment.
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Week 5 news is out! Can't wait until the platform is all up and running. Should be an exciting moment. I don't understand those who're in a rush - let developers take their time and create a worthy product. Go Universa!
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I bought a little UTN in the ICO but I'm waiting it to be listed on exchanges. Maybe someone will sell at good price just like recently happened for Electroneum!
They are making wallets for it. I think so. There can not be a transaction without a wallet. I think it is due to be completed by 2018. on Telegram channel, they said the instructions will be given out in early 2018. Looking forward to it |
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Yes, of course, education is most important for the development of the country. Education plays a crucial role not only in the advancement of technologies, but in everyday life too cause it changes the mentality - a person who has knowledge of his surroundings can survive happily in this society. It is key to success, lets you live a happy life, helps you do what you want with your life, and the country helps you to achieve it if it values education
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If you use your head to filter put the information you get from the news, sure, why not
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It's trivial but true that good friends are known when time passes - it's hard to know when you haven't faced any hardships and haven't lived long enough with your friendship to test it
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It's usual stuff like corruption, bureaucracy and so on. But I think the biggest problem is the people who don't want to change in the face of new challenges and changes. Government is not the most easygoing structure either, but it is the mentality of its people which brings the most serious problems to face
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Many people treat kids like inferior beings, using "cute" voice, not giving them a chance to say their word, make a decision and such. Do you think such behavior might bring harm to the development of their personality, and they should be instead treated like adults, but just less experienced, so with understanding and patience?
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The same as to being human beings, different in terms of biology, physical strength, etc.
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где-то видела новость про то, что на блокчейн Юниверсы будет построена система, которая будет использоваться для поиска пропавших детей, но забыла, где читала об этом - ни у кого нет ссылочки? МВД на блокчейне - это же нереально круто))
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You don’t want to get out of bed. You don’t see the point in moving on. You eat too much sweets and junk food, all these stuff, right? but if takes actually just one tiny decision to stop this. once you start caring, you stop being being a vegetable. the trick Is to find what to care for
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to find peace within yourself, thru acceptance and inner strength
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I must also say that Universa was the first ICO I participated in, and I was genuinely surprised by the scale of it. I mean, McAfee, promotion at New York Times Square, Borodich participated in International forums and events, really - other project kinda blur out in my head, but this one has been one cool journey. I was happy to hear that guys have collected more than enough to develop this new awesome system, which I do hope will become a blockchain revolution in the industry. Looking forward to hearing instructions concerning the creation of Universa wallet. The continuity of the ICO in forms of listed exchanges and wallet possibilities will be a nice Christmas and New Year Present. I just want to say thank you guys for taking your time and effort and making this so grand and exciting.
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Universa with multi-function wallet, which would be the advanced reliable and simple tool to communicate and handle all the transaction. I'm excited to see it go live.
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Hey guys I've seen this info on the telegram group, and decided to share it here, in case some of you aren't following the channel. seems important. the admin said you should refrain from using the following wallets (due to their incompatibility, I think). They are:
Any Bitcoin exchange
Any Ethereum exchange
Jaxx
Exodus
Coinbase
Poloniex
Kraken
Bitstamp
Bitfinex
Bitrexx
Cex.io
Also, be careful when download mew from app (or Android store, can't recall which one, or both), there appeared an app which is not an official myethereumwallet app, so be careful. Cheers!
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