The president of Venezuela, Nicolás Maduro, formalized the launch of the Venezuelan "cryptocurrency", the Petro.
We have achieved the purchase for 596 million euros, 735 million dollars, we already have them in our hands, we started high, tremendous blow" said the president.
These are the first features that the government has given Petro:
The country's savings banks will be integrated into the cryptocurrency system so that workers can develop digital mining farms and protect their savings.
Consular services in all embassies as well, with Petro. Venezuelan fuel will be charged at the border with Colombia with Petro.
Installation of digital farms in all the universities of the country.
"The Petro is a cryptocurrency for the people (...) will allow us to acquire the products that have blocked us the empire," said Maduro.
Nicolas Maduro closed with the warning that more announcements will be coming related to gold and Petro.
Likewise, the executive vice president, El Aissami, published the Petro's marketing manual. They published it in several languages and to a diverse public.
Now, let's reflect a little. We must understand that of the more than 1500 cryptocurrencies that exist today, the Petro is the only one that is "backed" by 5342 million barrels of oil. Yes, then they will say Backed? Cryptocurrency with physical sustenance? What? Well, yes ... for a thousand intergalactic wonders that this government has done, we have a crypto that is not crypto, backed by an indebted country, under the confidence of a government that is practically in default and whose creators, are sanctioned financially and internationally by the United States.
"I don't know rick"
Knowing this government, it is one more alibi for something that happens "bellow the table" and nobody can see.
What do you think?