Well, petro is not intended to be a coin like Bitcoin. They intend to create a token to evade sanctions while selling their oil. And then have a new coin attached to Petro capital market or something like that.
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So there will be another coin besides just the Petro coin?
YES. There will be a new Bolivar backed by Petros. So, in theory when the old Bolivar collapses they will have a new stable coin. But in practice is more probable that the USA is going to kill the man or make a coup, backed up by history and said by Marco Rubio and Pence.