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I hope the country finds a way to stay out of more debts. Being owned by... crawl for them is not a good option (the biggest joke is most countries are bankrupt and only (fake) faith is the reason they are still there.

They just want the oil, not to help so I would say NO, drop... world, find other ways to get it or save on it.

Not only tyrants abuse cryptocurrencies.. The Dutch taxes are the first to fill their pockets if you own some, so are the banks.

It is very hard to go up against the big fish in the world, such as the IMF, big backs and all the players who control us. I think Venezuela has a hard road ahead and just lost some support from the Chinese even.

According to steemers from VZ I have encountered here, life is very difficult and has a lot of different perils now. I saw someone mentioning they could not go to Steemfest even if they had the money as the government will not let them leave!

I hope they can improve their lot down there. It is a beautiful place with a lot going for it. But with the big guns after them, I am not sure if they can really buck the trend.

I've seen so many claims that crypto is already going pretty big in Venezuela. Any government controlled crypto could be used to track people and censor people or just mess with the distribution at least to some extent. Th best case scenario would probably be crypto spreading too far to a point where Venezuela becomes the first country to not use any official fiat currency. That would be so epic!

Petro is a scam. It is not a decentralized cryptoactive, the price is set by the government at its entire convenience.

People who invested foreign currency in Petro can only withdraw at the price dictated by the government and in a completely devalued local currency.

Unfortunately the intentions of this government are never good and are disguised behind anti-imperialist propaganda.

You are absolutely right friend, this government only thinks about your benefit, poor of the one who believes in them.

Much more international help, the situation here in Venezuela every day is more unsustainable, the government is highly concentrated in perpetuating itself in power, passing over all the corpses that they themselves have created.

Venezuela urgently needs international support, someone with an effective plan to take out this nefarious government interested only in its wealth.

This petro is just a pot of smoke, to continue bleeding the wealth of the country.

Buenas tardes, por eso insisto Venezuela yo que estoy aquí lo vivo en carne propia y mis post son basados a la situación de mi país, Venezuela necesita mucho mas apoyo internacional del que ya tiene mucho mas por que como soplan los vientos la cosa se empeora cada día nos cierran mas las puertas en otros países lamentablemente cuando mas los necesitamos. Espero en Dios que las cosas mejoren pronto mas bloqueos le hacen daño al gobierno claro esta pero tambien a nosotros como ciudadanos.

Venezuela has been in turmoil for quite some time now I really hope that they can sort it out for the sake of all the people there!

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Everything is possible.

The Venezuelan state is sad, but I doubt getting deeper into debts would have solved it. My fear is the dependence of the PTR on oil. As you said, oil is not dependable.

I hope as time goes by they find better ways to work out the issues.

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Using digital currency, it can avoid most sanctions.
it highlighting some controversy,
Is it just right when most people intend to sanction a minority?
Is it justified when most regimes intend to sanction weak regimes?
Is it just right when law enforcement agencies intend to sanction illegal organizations?

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