RE: Can The Petro Save Venezuela?

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Can The Petro Save Venezuela?

in zappl •  7 years ago  (edited)

I think it's doomed. The government can not be free of corruption nor reliable, the petro is fully controlled by the government, you can not trade it freely and worst of all the value is placed by the current oil price. Is not really a crypto is more like a digital bonds. I'm afraid that It could be used against the population. Thanks for sharing it @xervantes!

zappl
7 years ago by

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      ·  7 years ago 

    Good points, however I never underestimate the madness of the crypto universe. It's going to be interesting to see where this will lead to. I might buy some just to own the first crypto coin issued by a country (as far as I know).

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