The PETRO Danger or profitable?

[Bank of crytoactive]

It has already been 10 months since the announcement of the president of Venezuela Nicolas mature of the creation of the petro and has not yet come into operation. but this is one of several problems that this development has had in my opinion one of the most publicized worldwide and perhaps the biggest failure of an ICO so far
 collect

1 the 6 million dollars that Tenia planned to raise only represent 5% of the national GDP although it is necessary to remember that of the 100 million chips only 81 could be sold according to their white paper

2 the oil that supports this project is still in the subsoil with a reduced extraction capacity in the last 18 months Venezuela does not currently have the potential to extract the 5000l Million barrels that support the asset

3 According to the Venezuelan Constitution, it can not be granted to auction or sell the mineral resources found in the Venezuelan subsoil

4 Blocking by the United States Government, I want to remind you that Americans contribute 69% of the funds collected in ICO

LEAVE YOUR OPINIONS AND DISCUSS THE THEME

[vit05]

It should be banned to say anything about Petro. It's not a cryptocurrecy. It is just a centralized and oil-backed digital currency. It is much worse than any fiat since it has as a great and true objective to send money stolen, by the government, from the Venezuelan people, out of the country.

[Herbert2020]

i think it is too soon to talk about Petro. it is basically the first of its kind. don't confuse the fact that it ran an ICO with regular ICOs, it is a state backed token aka a government coin. it takes time to see which way it is going to go and what will happen to it in the future. and i believe a lot of countries are watching it closely.
i said this before when the news first came out, Petro is like an experiment in the world and Venezuela is the first to perform this experiment. eventually other countries will do the same while fixing the mistakes that Venezuela made. there are a couple of countries that have already started their cryptocurrency project.

[Hartmas]

It has already been 10 months since the announcement of the president of Venezuela Nicolas mature of the creation of the petro and has not yet come into operation. but this is one of several problems that this development has had in my opinion one of the most publicized worldwide and perhaps the biggest failure of an ICO so far
 collect

1 the 6 million dollars that Tenia planned to raise only represent 5% of the national GDP although it is necessary to remember that of the 100 million chips only 81 could be sold according to their white paper

2 the oil that supports this project is still in the subsoil with a reduced extraction capacity in the last 18 months Venezuela does not currently have the potential to extract the 5000l Million barrels that support the asset

3 According to the Venezuelan Constitution, it can not be granted to auction or sell the mineral resources found in the Venezuelan subsoil

4 Blocking by the United States Government, I want to remind you that Americans contribute 69% of the funds collected in ICO

LEAVE YOUR OPINIONS AND DISCUSS THE THEME

The exact reason for creating the petro coin is unknown. I think this is just a way to launder money, not loud statements that it will improve the economy and take the country to a new level, despite the sanctions.

[Bank of crytoactive]

It has already been 10 months since the announcement of the president of Venezuela Nicolas mature of the creation of the petro and has not yet come into operation. but this is one of several problems that this development has had in my opinion one of the most publicized worldwide and perhaps the biggest failure of an ICO so far
 collect

1 the 6 million dollars that Tenia planned to raise only represent 5% of the national GDP although it is necessary to remember that of the 100 million chips only 81 could be sold according to their white paper

2 the oil that supports this project is still in the subsoil with a reduced extraction capacity in the last 18 months Venezuela does not currently have the potential to extract the 5000l Million barrels that support the asset

3 According to the Venezuelan Constitution, it can not be granted to auction or sell the mineral resources found in the Venezuelan subsoil

4 Blocking by the United States Government, I want to remind you that Americans contribute 69% of the funds collected in ICO

LEAVE YOUR OPINIONS AND DISCUSS THE THEME

The exact reason for creating the petro coin is unknown. I think this is just a way to launder money, not loud statements that it will improve the economy and take the country to a new level, despite the sanctions.

can bring development and economic advantages to the nation in the long term, maybe it is necessary to end the sations of the United States

[talkbitcoin]

can bring development and economic advantages to the nation in the long term, maybe it is necessary to end the sations of the United States

if anything i think it may even make the sactions worse because they have created Petro and then have been trying to use it to overcome these sanctions and go around them in a way. so they may increase the sanctions to mitigate that.