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I think that they had 2 options when they decided to create the Petro:
OPTION 1) Start a long term investment in research and development to create a custom blockchain, like Russia: this would take years or more than a year.
OPTION 2) Use an existing technology and launch the coin as soon as possible.
It is quite clear what was choice and why. This doesn't mean that the government cannot develop a long term project too and eventually migrate the Petro to another network. This is technically perfectly possible.
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well, will be interesting see how many poor venezuelan family know how to use a cryptocurrency or even know what they are talking about.
I hope that if really venuzuelan government wants to do an airdrop, have trained population.
LOL Young Venezuelans know crypto better than any other people in the world by now... almost everybody has a smartphone and an internet connection. And starting with the Petro, public high schools and universities are setting up courses and mining factories. Even crypto trading courses have been set up. Of course all this is totally ignored by the media, as they need to portray a collapsed country with a useless and corrupted government. Venezuela is one of the countries with the cheapest electricity in the world which explains why they have so many miners and the state is regulating them and creating even more. Venezuela is way more advanced than the fantasies and propaganda will try to make you think. All this despite the sabotage and perpetual war from the US and their vassals, imagine without. |
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Aerotrading is the Russian company working on the Petro. I have no way to be sure the Twitter account is the real one (as it's not verified), but it seems to be.
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And this 25 minutes ago...  |
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Aerotrading tweeted this 10 minutes ago...  |
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Actually, it is very likely. And the fact is that currently only idiots are wasting money on this shitcoin called NEM. I don't say petro is shit in concept, but NEM is the shittiest of shits. Considering the latest 500 million NEM hacking incident, what the NEM foundation did to the currency was completely incompetent bullshit. They tried to mark stolen NEMs and tried to convince exchanges not to accept tainted ones. What happened after that? Lawless criminals didn't care about it at all, and over 4 million dollar worth of money was laundered. They gave up marking only after they found themselves too incompetent to handle money operation. I also need to say that a lot of innocent people lost their money because of this stupid operation, because sometimes their wallet was tainted without notice of the owner.
So, in my opinion, anyone who use NEM is already too stupid, including ones in Venezuelan government who made this decision to build petro on top of NEM.
Another point which shows incompetence of NEM foundation and its believers are that core part of project is a closed source software. Good opportunity for NSA and other intelligence to pack backdoor secretly!
Venezuelan government is already relying on someone who switches off users based on ideology and mafias, which is NEM foundation who has monopoly over NEM core source code, and tried to censor transactions in vain.
This is a very wrong analysis of what happen to the hack of Coincheck. Actually NEM behaved very well in that situation.Coincheck was hacked because of their poor security: apparently their NEM wallet wasn't even using the best practices suggested by NEM and very well known in the community. The transactions done by the hackers were technically correct and were accepted by the NEM blockchain as such. This is a normal principle of blockchain based, decentralised money: you control the wallet, without intermediaries. The only way to revert a transaction is a hard fork (subverting the rules of the network), which obviously NEM refused to do as THAT would have actually discredited NEM. In short, NEM gave all the assistance they could by tracking the hacker's transactions and telling exchanges that those were criminals (which is already great considering it wasn't their responsibility at all). Therefore you are wrong. NEM is actually a project with many interesting features (time will tell if it's great or not). You should criticise Coincheck, not NEM.
Your reasoning is also contradictory, as you say that NEM "switches off users based on ideology and mafias" which is false: they have not "switched off" anybody, obviously. |
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my only worry is that NEM foundation could BAN the Petro from its blockchain following U.S. dictatorship orders.
It's unlikely. If they did they would be so discredited and unreliable that only enslaved idiots would use NEM afterwards. Or only corporate projects would run on it. No serious entity would rely on someone who switches off users based on ideology and mafias. There are very few projects that show a positive use of crypto as Petro in the world, at the moment. Most of them are speculative ventures that benefit people who are already rich. Venezuela is showing a use of technology that could benefit a whole national real economy and defend it from a brutal aggression. If NEM decides to sabotage this, they won't be considered independent anymore. |
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Fyodor is a mystery.
There is nothing that says he's one of the people in charge of the technical development of Petro.
The guy never showed again.
He got a quick interview a few weeks ago (but don't remember where, it was in English). But all the information on him and his website are in Russian. |
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Maduro was probably given wrong information during the Petro launch event because he correctly mentioned Aerotrading, but wrongly mentioned NEM, calling it a "company" (while it's a foundation). Actually NEM is just the blockchain they are using, not a partner.
Zeus is likely withdrawing their support for obvious political pressures. The US behave like a mafia (they always did), so nobody can do anything without their consent in their areas of influence (or they end up being treated like Venezuela). Venezuela can only create partnerships within countries outside of US mafia influence: mostly China, Russia to name the most industrialised. India is huge and complex but politically it is currently strongly influenced by the US.
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Here a picture of that meeting. The two guys on the left were in the Zeus website. Denis Druzhkov and Fyodor Bogorodsky This old picture shows that they changed its website. Here an old news with Denis and Olga together, lmao. I don't think this is completely correct. Fyodor Bogorodsky has nothing to do with Zeus, as far as I know. He is based in Uruguay (and sounds more like an idealist than anything else to me): almost all information on him is in Russian though (which I don't speak unfortunately). So it's very hard to know from decent sources. I think he is one of the people in charge of the technical development of Petro in his Russian company Aerotrading. Very little information on it. Denis Druzhkov, is actually CEO and co-founder of Zeus. |
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It would be surprising if it wasn't the case. You will receive Petro at the end of ICO. |
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[UPDATE] The sale page now shows a line saying: "Hurry up! Additional 10% discount on tokens is coming to an end in several hours."
Also: Euros option and Euros bank account has been removed. Maybe temporarily to update the bank account details? At the moment, the only fiat currency available is Rubles. Cryptos are all available though.
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Using the explorer of the Petro Wallet I could find that the ICO mosaic shows this information: This token can not be moved. You will receive Petro at the end of ICO. Petro will be a sovereign crypto asset backed by oil assets and issued by Venezuela.It confirms that Petro will be delivered at the end of the ICO.  |
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I haven't see Yuan and Turkish Lira in the form...   |
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Lol let me shut u up once again will send you now on Twitter the amount I sent, and I never said it was a fraud I said that I was disapointed and that the government is incompetent which is totally different...you're the idiot begging officials like they will listen to you....dummy...tell everybody if I'm a liar or not it is sent to your twitter
Ok, it's confirmed you're both. |
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I am waiting for ETH to go up a bit as it is in a 5 months low now. Paying with fiat is easier because you know exactly the total (apart from the discount).
Depending on how the market goes in the next days or couple of weeks, I'll decide. But yeah, I'll definitely buy.
For those who don't have crypto, the moment is perfect because ETH is soooo cheap. With a bit of luck one could make quick profits buying Petros this week or next.
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Dude ain't no crying over here, I invested $5000 4 days ago, they did not confirm my payment, I am here to expose the incompetence...stop trying to cover the bullshit the Venezuelan government is doing!!!! Did you invest??? If no remain quiet and stay in your lane....
The troll is an idiot or a liar. The guy invests 5K in something he considers a fraud. Imagine that. |
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People are to be forgiven if they understood that to mean that the amount was actually raised. Non-binding offers are no money in your hands. Spanish: “Tenemos más de 5 mil millones de dólares en las manos, en apenas un mes de la preventa del Petro, el cual es parte del camino de las soluciones económicas de aquí y hasta el futuro“, subrayó el Pdte @NicolasMaduro
It's possible that in the 20 times he said that, he used that expression, but in the context that he's always defined as a pre-sale based on offers. Anyway, this kind of discussion is useless and ridiculous, as you well know. What's important is if the ICO rises enough money to support the development and expansion of Petro and this eventually helps the Venezuelan economy. |
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Euro account for payments
I don't think they will change the account for payments in Euros to an European account. Switzerland has applied "sanctions" to Venezuela yesterday and this completes the whole US/EU mafia. Venezuelan officials obviously know that. Therefore it is unlikely that Venezuela will risk to keep any more money in any western European bank, after losing billions of dollars in US bank accounts.
The payments in euros must be done directly to a Russian account: in this case a European bank (German) will function as intermediary for the transaction but the destination account is Russian.
A better alternative is to pay in crypto. That's what they should be used for.
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