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It’s nice to see a country attempt a crypto and yeah a world wide market of it would increase its value I’m guessing slightly, I’m gonna stay away from this one, sounds like bad management ruined their fiat and the same management is gonna handle the crypto

Awesome information, keep the hard work up...

The Petro will be a failure since the underlying control willl manipulate it with bad policies as they did the Bolivar. The oil backing it is the only benefit it but as you say, they also control that. I would steer away from this always although it is a great case for future efforts by nations!to tokenize assets.

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Means people have to pay in the bakery and on the market with crypto currency? How does that work?

The Venezuela government is a criminal organization, I wouldn't advice anyone investing money in this fraudulent crypto currency.

The economy is completely destroyed and adding a crypto to the mix won't save it.

Pertinent question!

Instead you will have to use their crypto but who controls that crypto?

This is always a worrying factor of 'closed/local' crypto.

Buenos Días.

Amigo, el problema de esto es que aparentemente esta ¨cripto¨ no es como las demás, que nacen en la cadena de bloques, no es descentralizada, ya que no puedes meterte en una pagina de exchange y comprarla como haces con bitcoin o cualquier otra criptomoneda, sino, alejado de esa realidad, hay que entregar cualquier cantidad de recaudos para la adquisición del mismo, eso le da control al gobierno sobre quien las compra, quien no y como se usan, perdiendo la esencia de las cripto, esto vuelve prácticamente inviable su compra internacional, ya que el atractivo de las cripto es, precisamente, el anonimato que brinda.

Como segundo punto y no menos importante, es el valor que se le da, el valor de esta está anclado al precio del barril de petroleo en vez de dictarlo el mercado (oferta y demanda) esto porque, según el estado el petro esta respaldada con petroleo (cuando se ha visto en la historia de las crypto una moneda con respaldo como el dinero fiduciario) son cosas para analizar. en mi opinión eso esta condenado a ser un fracaso, a no ser, que por un milagro, las empresas locales e internacionales le den respaldo comprándola y transandose con ella.

Las siguientes semanas serán interesantes.

Saludos y gracias por la publicación.