Who here will be investing in the Venezuelan Petrocoin?

Who here will be investing in the Venezuelan Petrocoin?
It will be backed by Venezuelan oil production and although it may seem like a high risk investment given the country's current economic situation, all the evidence points to the fact that Maduro's government will collapse within the next couple years and the pro-business opposition will replace it.
The real question is will the new government honor the Petro's pegging? If it does, this could be one extremely profitable investment for a lot of us. Of course as always, there's a chance of the new government just throwing everything in the trash.

>run by commies

Willl collapse harder than their country. Ethereum was a fluke.

Colombian here. Would never support socialist scum. Hope Colombia invades and frees the people from the shackles of Marxist logic

Are you calling Canadians communist?

First of all yes, secondly I was referring specifically to Vitalik

shouldn't their national currency also be backed by oil?
>b-but thish time itsh different guysh, I s-shwear

President of Venezuela ''RAPE DOG'' for good luck it's on Pornhub.
>This might get interesting!

How the fuck do I buy that?

only thing i'd ever touch relating to commies is the trigger finger

>pegging
lewd

CAN ANYONE ELSE NOT POST IMAGES

The us will do it's best to destroy this coin. Don't bother

Suriname here.
Can I pay those Venezuelan whores with Petros?

This is a must buy. China and Russia will pump it.

>Venezuela has the largest oil reserves in the world
>Venezuela taken over by communists
>communist leaders are corrupt
>people living in country with largest oil reserves on earth are starving to death
>violent crime is higher than it has ever been
>govt destroyed country by seizing control of private businesses & corporations, running them into the ground through incompetence & corruption
>Petroleum reserves aren't even enough to keep people from starving
>idiots on Veeky Forums think a crypto backed by Petroleum reserves will be valuable while people starve to death on the streets of venezuela
must be a libtard to buy this absolutely rotten ebola puke covered catshit coin

go back to hispachan, miguel.

^

>but they're going to back it up with th-the oil!

Don't make me fucking laugh. I could never take a commie seriously. I'd maybe for laughs throw a hundred bucks in but no more.

You people are missing the point. Yes the current commie government is trash, but there is a very high possibility it will collapse soon, and there's also a chance when the opposition takes over they will continue with the project.
A lot of people who had invested in Eastern Europe for example became incredibly wealthy after the USSR collapsed and they liberalised their economy.
Yes it is a high risk investment but the returns could be massive.

Don't invest in communists user, you have been warned.

yes but, why?
you can pay them with toilet paper
lmao

I love the poorfags venezuelan people begging us not to buy their comunist coin

kek fuck you i don't give a fuck about your country

I don't wanna try that.
I'm going to get slap by mamas in while cursing me in Spanish gibberish

>his political beliefs guide his investments
lmao stay poor
pay attention to this

Is this the one ZAP is oraclizing?

So is this coin on any exchange?

China would only pump it if they could easily exchange them for USDs, and the only practical way to do that is moving petrocoin -> BTC -> USD.

Russia has no reason to pump it at all because Venezuela's oil reserves compete directly against their own, in fact this is a good reason to assume Russia will try hacking/interrupting/tampering with petrocoin's blockchain in any way they can. If VZ is poor then that allows Russian companies to buy their reserves at a fire sale price, such a thing cannot happen if their domestic shitcoin is worth a lot of money.

At any rate, this whole thing stinks and is a solid no buy. Marduo himself is a known thief, be wary around him and anything he endorses.

Crypto is fundamentally libertarian in nature.
If you're a statist get the fuck out.

Colombia should just annex a couple of their states: Merida and Tachira.

what? no, they will cry of joy and happiness

Let me guess, you are american, right? This is why you lack geopolitical knowledge.

Why don't they put this coin on Bittrex or Binance? It'd fucking moon to the sky and be worth more than USD.

Tether is more real than the oil that would back the Petro.

No I'm Russian living in Germany.

I'm 10000% up.
I invested last year on bolivarcoin, a Venezuelan coin listed on tradesatoshi when it was 0.0001 USD, today is 0.01 USD I'm waiting for when the petro to go live, all Venezuelan shitcoins will go up, ONIX, BOLI, Railblocks, etc

Could someone give me a rundown on how the coins gonna be released or when?