Greetings to all, after extensive research and my personal experience with the economic policies of the Venezuelan government show them the reality of the Venezuelan digital currency that after several years of discussions and doubts, it is not totally clear ... something that stands out is the support offered to the currency based on the unexploited resources and in the specific case of the PETRO only of the Venezuelan oil.
What happens if I invest $ 120? "
1 Petro = 60 dollars
Now we have in our account 2 PETROS
^ * We are going to sell to invest in something else, now you will see the problem because they will pay you in Bolivars "local currency"
2 Petro for sale = 7200bs "Official rate 61 Bs per dollar"
1 $ = 250 Bs (It is devalued daily and it is a black market rate since it is impossible to buy at an official rate)
7200bs = $ 28.8
