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RE: Venezuela's $5b Ethereum Based PETRO ICO Whitepaper Released!
This could really send Ethereum into the stratosphere, but I have a hard time believing the Trump administration is just going to sit by and allow Maduro to evade sanctions with the petro.
Don't get me wrong, I would love for crypto tech to alleviate the suffering of the Venezuelan people, but Maduro is practically begging to be invaded with this move.
The white-paper is overall very humble about the state of Venazulean finance and monetary systems. There are no fighting words in the whitepaper and more than a few times pledge to innovate for all emerging economies. It reads more like marketing material for the IMF and UN. Trump, does not have enough backing to make a military move over this. A cyber move, that might be so... I gander this is the Russian honey pot to see what kind of flies get caught up in a sovereign analogue financial system converting into a digital blockchain systems.