Marketing Chance for SMT? Pitch at Venezuelas President Maduro!

in #crypto7 years ago

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The PETRO is coming!

First of all, I am glad they do not call it PETRO-Dollar. This would have been quite a stretch.
It seems Maduro, president of Venezuela announced a new crypto coin emerging to save the desolate state of Venezuela.

Source Coindesk

Source Reuters

Link to a German source

Exerpt from the article:

Venezuelan President Nicolas Maduro looked to the world of digital currency to circumvent U.S.-led financial sanctions, announcing on Sunday the launch of the “petro” backed by oil reserves to shore up a collapsed economy

I really don't care much about the blaming game, if it was socialism that destroyed the economy or US sanctions guilty of Venezuelas downfall. But I love the idea of a crypto currency backed by oil reserves. Now it would be key to find a non-socialist ( I mean non inflationary, non-keynesian) way of designing this currency.

never change a winning team

Well... to say that Steem is a winning team, would also be kind of a stretch, even after the last pump on the markets. But Steem is on its way. And Steem probably could handle the requirements of a kind of stable currency on the SMT level.

WHY NOT PITCH IT?

When the idea already is out, this is kind of an opening-pandoras-box-moment.
Which other currency could probably do the job of speed and scalability better than a Steem SMT?

All that I have left to say is GOGOGOGOGO!

Read you soon!
Yours

@pollux.one

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wow excellent, a crypto currency backed by oil reserved sounds interesting to me, thanks for sharing this nice information with us.

Ich bringe jetzt auch meine eigene Kryptowährung heraus, die ich mit alten Pappschachteln hinterlege. Bei dem momentanen Hype wird auch der pappcoin einen steilen Höhenflug hinterlegen. Ich könnte dir einen Coin zum Vorzugspreis anbieten. Interesse?
Spaß beiseite, wenn das Vorhaben von Maduro funktioneren sollte,werde ich einen ganzen Pappkarton aufessen. Ohne Senf.

so, here is connection about petro dollar and steem dollar.

petro doller comming good information thanks for share.

great topic analysis,very good job
@pollux.one very informative information and Super intelligent post,thanks for sharing

let them come go gogog

very good job @pollux.one
PETRO is coming
thanks for sharing

Hay I do agree with you. Even I am also do looking forward for growth in steem. It's have a great opportunity. Well the petro Ico is basically a good initiative.

Yes let us see how things will play out.

But i tot Maduro was ousted has the president of Venezuela?

Dann hoffen wir mal, daß sich kein Keynsianer der Sache annimmt und alles dezentral gestaltet wird.

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