Venezuela has indeed made a statement by introducing a cryptocurrency Petro as their national currency. Though the elections will decide the fate of the Petro, the bold step of inviting other countries to use their cryptocurrency as form of payment is going to be written in history! Blockbasis has observed that in the world of cryptocurrency someone needs to take a step to make cryptocurrency more acceptable and common to the masses. The Venezuelan government's offer is that step towards more countries accepting and normalising cryptocurrency the the daily lives of their citizens.