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RE: Petro Token-Pre-Sale to start on February 20th Maduro says
Well, the current economic status of venezuela shows, that they aren't very good at handling economic reforms.
But maybe this could work. Their are truly a lot of sh*t coins, that manage to obtain multi million market caps. Because some people apparently buy blindly.
Might as well happen to this one.
And if it does succeed, then it's piece of history. As it will be the first crypto currency launched by a nation.
true, it will be very interesting to watch whats gonna happen. also it will be interesting to see if for example us exchanges will be willing or allowed to trade it.
The government has done very well at handling economic reforms considering aggression from the U.S. and opposition from their own right-wing counter revolutionary forces. The rich don't want to lose their private property, they want the poor to stay poor. This is why the working class supports Maduro by a vast majority.
USD is backed by nothing today and more is being printed everyday. Gold has some value in manufacturing but nowhere near in relation to the price. At one time people traded shells. So i agree would like too see where it gose