In Venezuela, opened a 7-star hotel, accepting only El Petro

[zorgo]

El Petro is controversial, on the one hand it is good to increase popularity of crypto, but on the other hand, it contradict nature of crypto.

[jgaltt]

Now that election time is over, I haven’t heard a single word about El Petro from Maduro and his authorities. There’s a possibility that tho whole Petro project’s been a pre-election step to collect votes and create an illusion of upcoming economic stability. If we assume that this crypto was an instrument to overcome sanctions or inflation, then it didn’t work either. Just have a look at Venezuelan oil industry.

[apelopus]

I think that similar projects should be developed in other countries. I think that most countries have own cryptocurrencies.

Crypto should stay decentralized, El Petro is a good example of what happens when dictators try to get involved in this sphere without common knowledge. Spoiler: it failed

[truemeren]

This move by Venezuela strongly proves that the potential of blockchain technology is enormous, the application prospects are broad, and the development of blockchain technology is strongly promoted, which is very beneficial to all of us. He showed people the beautiful future of blockchain technology.

[alister.kain]

Oh, it's really amazing, I am sure that it is the one more step to the crypto's spreading and all people will recognise this one all over the world, I believe that crypto will be accepted much early in countries with such trends. They are too promising for the development for the future.

[Answer United]

Good news, I think. The world goes to the crypto's recognition and it is very promising as for the crypro as for us as well. I hope it will be going on.