I had great hope in the Petro for that was the first time a country experimented with the blockchain but since they are socialist... they don't understand anything about the economy. The first redflag I saw was when I heard it would be a token... tokens are fine for what they are but I would expect a country would not want to be dependant on a blockchain they have no control over. Then it got changed to nem without much explanation. Many doubt that these coins would really be honored against petrol barrel... so, yeah Venezuela is fucked. How could we expect those who never proved to be good manager to pull this off ?
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