I agree on the Petro currency. It might have a chance if it was backed by oil or whatever other physical asset they plan on using, that was already extracted from the ground. You'd still have to trust the Venezuelan government that the oil they say is backing the coin is actually there, but it'd be improvement. One of the major problems with it in it's current form, is that it is backed by oil that is still in the ground. The owner of the Petro coin has to rely on the government and it's employees to extract the oil, and that is far from a sure thing in a country that is on the brink of bankruptcy and in the midst of hyperinflation.
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