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RE: Why I Disagree With Venezuela's Plan For A National Cryptocurrency!

in #blog7 years ago

hello good publication, I am Venezuelan and the current situation of my country of a total chaos in a certain way the creation of the cryptocurrency called the petro could be a little help for the economy of the country, but even so I do not understand what we could do to win that virtual currency as a basic salary? you could answer that question, thank you

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This is true! The Petro may help a little, but if it is centralized and derives it's value from Venezuela's oil reserves I will not be happy!

You see, if the oil markets collapse, Cryptocurrencies which are decentralized may survive through the crash.

Wouldn't it suck if Venezuela adopts the Petro and then the oil market collapse suddenly?

You would fall into another collapse!

Decentralized Blockchains all the way 😉👍

you're right my friend thank you for your answer and let me leave doubts