#Scam: El Petro, the new cryptocurrency announced by the Venezuelan government#

Weeks ago, the President Dictator of the Government of Venezuela, announced the creation of the virtual currency "El Petro". In this way and according to their statements, the government seeks to counteract the additional financial blockade that the country has internationally. Nothing is further from reality, since the sad economic reality of Venezuela is the dictator government has embezzled all the reserves of the nation and lie in the bank accounts of a group close to the government.

Governments and Cryptocurrencies

It is well known by most that those who are in a state against the blockchain technology since it is released, the main pretext used in which transactions can not be used and can be among other things for money laundering and the purchase of weapons, blah blah, blah ...

The truth is that world government, especially most powerfull than others, who have been precursors of drug and drug trafficking throughout the world. And that does not leave anybody doubts. The true intention of the rejection of cryptocurrencies by the rulers of the world, that is to say that can not be controlled, transactions can not be traced, can not be charged the usual and excessive taxes that are usually stolen from ordinary citizens and the business they fall, now perhaps the cake will be distributed more in pieces and they will not receive that big piece, but there will not be a rejection of the mouth out, since many of them are using cryptocurrencies for some time.

Well, the Dictator of Venezuela is no exception, when he announces, supports and welcomes and opens up this platform to technology, he is finding, imprisoning and stealing people who operate with cryptocurrencies in the country, since long time ago.

Why is it a scam?

1.- The first and most important fraud indicator is that this currency will supposedly have a physical guarantee. This guarantee is based on the nation's oil, gold and diamond reserves.

Initially, as is known by the majority. The gold reserves of most countries are a fantasy that they have created for any future country. Already in many countries such as Russia and the United States it has bought the gold reserves that it speaks of, and it is said that Venezuela is experiencing a dictatorship that has ended the productive product of the nation and billions of dollars of the state have been stolen. , it is obvious that Venezuela does not have the minimum amount of gold to make a ring.

Your second guarantee, oil reserves, which means that before a sure event of this cryptocurrency, you can come to Venezuela and change your coins for the equivalent in oil, I think there is no such a surreal scenario. But good to unveil this false scam, he indicated that it is established in the constitution of the Bolivarian Republic of Venezuela that the oil of the nation, can not be alienated. That is, it can not be used as a guarantee against any type of commercial transaction, in that sense. China should be trembling in this situation, given its affinity with the government and the different investments made with Venezuela.

2.- Blockchain Observatory: After announcing the creation of the new Venezuelan cryptocurrency. The creation of the blockchain observatory was announced. Which is nothing more than a measure for the census, knowing and controlling people who operate with cryptocurrencies in the country, the main characteristic of a communist government where they control the totality of what the citizen does.

To finish unveiling the scam that represents this cryptocurrency, be assured that the government will be responsible for knowing who are the people who trade with that currency, beyond the distrust with which this new failure initiated by the Venezuelan government.

Do not say they have not been told, my prediction is this: Once the coin is launched, a huge promotional campaign is carried out, they will invest in that currency until their value reaches what they establish, they sold their coins and blocked the transactions, resulting in that you lost your time and money.

I hope you enjoyed this first article on cryptocurrencies and be attentive because we come with more.

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