You are viewing a single comment's thread from:

RE: Can the Petro Save Venezuela?

in #bitcoin7 years ago

It's very interesting. I wouldn't trust this government at all. At the end of the day how is this currency actually going to be backed? If it's backed by oil it should be fixed to the oil price....but then gas, gold and diamonds? Talk about muddy waters. How are they going to print money when they are supposed to be backing this crypto with real assets?

I call bullshit and wouldn't touch it with other peoples money.

Coin Marketplace

STEEM 0.20
TRX 0.13
JST 0.030
BTC 65733.39
ETH 3506.40
USDT 1.00
SBD 2.51