I'm glad you've got the reference now! And you're correct—it isn't about "governing" via some kind of homeostatic network like under Allende w/ proyecto cybersyn. I was logging off last night, but after reading your post I wanted you to have that citation, and so I ended up being lazy in my comment. :)

What I meant is that if this does end up working with an actual blockchain beneath it—I agree with you that it's a digital currency as it's framed here—the cliché of neoliberal Latin American nations' tethering of their sovereignty to nationalized petrol in the neoliberal era will come to be kind of a piecemeal effort. Under Allende, the cybernetic model was conceived through a more "performative" branch of British cybernetics (vs. US-based cybernetics, led by Norbert Weiner; a few economists like Axel Leijonhufvud also tinkered in late 1960s–early 1970s w/ Keynesian cybernetics—squashed I would say by 1973 w/ the birth of Black-Scholes-style derivatives/speculation) with the technical aspect of the politics being spearhead by Stafford Beers (Andrew Pickering does an amazing job historicizing this distinction in The Cybernetic Brain). They were imagining the nation-state under market socialism as a homeostatic brain-like organism—from bread to pearls, the data center was "sensing" all commodities. It'll look so different in Venezuela if this actually becomes a thing.

I also can't but help think about the coup of Allende and the detrimental effects of neoliberal economics in the Americas; I'm suspect of this project, but god I wish Latin America could innovate conceptually and technically to get out from under the IMF et. al.