Venezuela Petro coin , opinion?

[faruk34]

Venezuela has taken a very important step in this regard and will be an example to other countries. I think other states will make their own coins to market.

[Elseye]

I think that this project is not for the wide use, same says the way they performed the ICO - it was only for Venezuela citizens.

[richminded]

I think that this project is not for the wide use, same says the way they performed the ICO - it was only for Venezuela citizens.

Of course it is for the benefits of their our countrymen or their government but I think even if we are not there we can still participate.

how can a country where poverty and inflation through the roof to release the cryptocurrency and make it bring more profits. How can you trust their money in this project, it is already doomed

Precisely, maybe they are trying to fight poverty by just creating crypto well I hope so they will use this thing in a right way.

[andygloster1]

An incomprehensible coin, which is supported by oil. All this is more like a way out of US sanctions. In addition, there is a dark history with a Russian trace in this crypto currency

[jezus]

Someday oil end , electricity cars each day are cheaper but problem is not many chargers.

[Wuddly]

The appearance of Petro can lead to a minimization of the effect of sanctions. At the same time, if El Petro's project proves successful, it will give a signal to other countries under sanctions to start developing the same crypto-currency systems.

[CrimsonGT]

Venezuela has big financial problems as a country, so I would avoid such project, too risky for me.

[doublecoins]

Venezuela petro coin offering new discount prices to buy the coin so we can expect how the coin movement one good point is petro coin have Russia support

[TorbjornE]

Note Venezuela has allocated 5 billion barrels of oil to support the Petro - cryptotoken, which will be tied to the price of a barrel of Venezuelan oil. At the same time, Nicholas Maduro notes that the crypto currency will be backed up by other "precious minerals".

According to him, over the past two days presale has been recorded about 292 thousand offers to buy El Petro, of which 36% in dollars, 15% in euros, 18% in air and 31% in bitcoins. 733 665 people around the world have already expressed their desire to invest in the crypto currency provided by oil. Only on February 22 the official site of El Petro was visited by 960 thousand people.

This is a way of selling oil not for dollars, but other material values ​​in circumvention of sanctions. Iran, for example, sold oil for gold.

[creeps]

This is a great way to understand how the state built a token into its economy. If they all work, then their experience can be applied in any situation. I will follow this coin to me wondering what's next.

The government of Venezuela must fully commit on this thing, and not to form a new source of corruption.The idea for this coin is very amazing and I wish for the success of this coin so their economy will finally grow.

Venezuela has big financial problems as a country, so I would avoid such project, too risky for me.

Well, this is the risk of this coin so when you invest you must be ready for possible things to happen.

[mkumar76]

elections are near in venezuela , if that president lose his power then next president may ban this coin .
also US govt is not in favor of petro coin .
it is only good for nations who buy petroleum/crude oil from venezuela as it may offer discount .

[sureshotcoin]

Indian Government didnt accept Venezuela offer for trade deal so petrol coin didnt work in india

[Coinredd]

As far as I remember, the American president made it clear that this Venezuelan token could be banned. It's such a while that politics is very much regulating this or that crypto currency.

[SeXy]

A plan that doesn't each the and enjoy the liveliness to chiefly its have humanities, the believability of digital cryptography is questionable

[rolleth.io]

ridiculous thing that venezolanos couldn't buy their own crypto with bolivars cause they sell it in dollars, euros or any another fiat ut not their own wtf

[singpolyma]

I think that in general this is a good idea because only such crypto projects will be able to save the economy of this country. My country, too, should think about something like that..

[BestSSS]

In addition to Venezuela, more and more countries want to release their national cryptocurrency and many succeed. One of the last projects is PeruCoin.
PeruCoin is a new generation of innovative cryptocurrency platform that is designed to provide knowledge about cryptocurrency to Peruvian population through factory tours where they can evaluate technical capabilities and operation of mining equipment in action and at conferences. PeruCoin plans to achieve this by educating and raising awareness of the General population of Peru about the benefits and security of blockchain technology and the adoption of digital currencies. Ideally, PeruCoin will stimulate the development of a new financial ecosystem in Peru based on the interaction between public education and the interaction of blockchain technology and asset management.
In addition, there are many other projects that have already entered the stock exchange and are very well traded. This is a power Ledger token Supported by the Australian government - in my opinion, one of the most successful tokens in the energy sector.

[ganlianshifu1]

Looking at Venezuela’s government credit, you know that the oil coin is a scam!
Petroleum coins rely on a bankruptcy of state credit to support! Petroleum coins and their country’s legal currency are certain and have no value!

[aleksnutis]

It is likely that thanks to El Petro Venezuela will manage to overcome the economic crisis, accompanied by the devaluation of the national currency and the rapid price increase.

[TheAndy500]

I think that more countries could make steps into crypto and thanks to that they will be able to earn money and win with their own crisis.