The PETRO is the Venezuelan cryptocurrency and many will think What was it created for? Is it safe? Can it be mined? Or will it save the Venezuelan economy? To answer these questions, please read this article of your interest.
Let's start with the reason that the Venezuelan government implemented this currency, first arises from the need to deal with a generalized inflation of products ie the prices of articles increase every year, every six months, monthly or weekly that currently occurs in Venezuela, when creating this currency, the Venezuelan state seeks to face an economic blockade and encourage foreign economies to trade with other countries without the use of the dollar as a commercial currency.
Note: The value of currency occurs when commercial exchanges between seller and buyer occur.
To answer the second question: if it's safe !!! since there is a security mechanism called Blockchain that can not alter any incoming value, that is to say that any monetary value that enters the system is almost impossible to modify it.
Let's go with the third question and is that: If I can mine the Petro ?, many are interested in mining since it generates a lot of monetary income but I have bad news, you can not mine it is Preminated and that indicates that you do not need of Hardware to produce the currency.
The last question I put as a debate of which you can say, will save the Venezuelan economy ?. The answer in my opinion is that if the Venezuelan state implements economic measures with the Petro, if it generates the motivation of the Venezuelans to use it as a means of commercial exchange, if there is the possibility of buying first-class products with Petros with countries abroad , if the tariffs are paid with this currency, if the Venezuelan his salary, public services, among others can be paid with this currency. There may be some possibility of improving the economy, of course the uncertainty is the time for its implementation. Regards....