Second, only an IDIOT would buy the Petro coin in any case, as its value will go in only one direction - down.
No. Not if Venezuela starts requiring payment in Petro to buy crude oil from them. Maybe thats what Trump thinks will come next.
The Russians were also involved in the Petro's creation. I think its only a test run before they start issuing oil backed tokens of their own.
Report: Russians Helped Venezuela Launch the Petro