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RE: Maduro announced the creation of cryptocurrency system for Venezuela
Best of luck to the Venezuelans. If Maduro carries out this initiative properly and effectively, it just might succeed.
Of course, he will face numerous obstacles, not least the ire of the US for abandoning the petrodollar.
But since the petro will be backed by Venezuela's oil, gas, and diamonds, who knows? It might be more successful than anyone can even imagine now.
Without a doubt, it could work, I believe that everything is at the level of confidence that maduro generates at the moment of implementing the petro in Venezuelans, and an important role will also be played by the advice that the government of maduro will take, since it will be a new course to try to get out of the economic crisis that the country is experiencing..
Just like with Chavez, most of the "news" that we hear about Maduro is very negative. But from what I've read in your post and other alternative news, he's not as bad as the mainstream press says he is.
Let's hope this initiative works, and Venezuela overcomes the crisis. Best of luck!
thank you very much. Hopefully, if it is a way out of the economic crisis that we really need to solve, in my last post I documented the last announcements of a deputy of the National Assembly Andres Guevara who among his studies is an expert in finance at the Institute of Higher Studies in Management ( IESA), and has given a report on the opinion of the Venezuelan right, we will have to wait for more announcements from the left as President Nicolas Maduro to learn more about the mechanism of action of this now expected cryptocurrency in Venezuela.
I invite you to read my last post. regards 😊