The Petro is even more scammy than bitconnect... I mean, nothing that comes from those communist could ever be transparent or useful, on the contrary is usually link to very dark purposes as we all know.
It's hard to trust a crypto backed on our Oil when most of our Oil industry is completely paralized, refineries are not working, extraction is barely happening and the National Oil company is officially broke.
I live in the state where most of the Oil comes from, my family worked for the Oil Industry for decades.. and if we compare the current stage of the industry with how it used to be... oh man, it's just ridiculous how far they have taken corruption.
Anyways, as I always say... never trust that crypto, never, It will never moon and is not even decentralized. It's purpose is definitely not to save Venezuela's economy but to finance they're oligarchy and terror.
Greetings from Venezuela! :D and thanks for sharing this!