Venezuela govt unveils the Petro (PTR)

Venezuela govt unveils the Petro (PTR)

i read in the whitepaper that the price will be some kind of indexed to the petroleum barrel price (USD$69 +-)

do you think it will be a good option to invest?

btw, it's an erc-20 token

But that's a SCAM!

Are you joking? Invest in a crypto run by the fucking Venezuelan government. Think about that. Its "pegged" to petroleum... pegged by who? The Venezuelan government? Ok...

kek. Anyone who unironically buys this also gets a badge with pic related on it and a certification of an IQ that's guarantueed to be under 80.

giving money to that bunch of pierced pocket commies. you need psychological help

why do they need an ICO if they're doing well? couldn't they just do an AIrdrop

oh wait...

>Petro x1000 by eoy
but
>you're supporting the suffering of an entire population

wat do

>Venezuelan

How long before it gets hacked or "hacked?"

Follow the money

this

>Venezuela govt
Stopped reading there

>Venezuela revitalizes their economy with this
>Dems and other World left learners start commercializing their success
>The left now wants all crypto to be a currency to help out their socialist buddies
>Next Dem majority it passes
>Venezuela coin drops like a rock because everyone pulls out their money because lower taxes
>Normie's that weren't paying attention lose all their savings again
I see no problem with this

Technically the suffering on the Venezuelans is pretty much only because their economy collapsed. If this currency is a huge success it could help a lot of people out down there. That being said, I'm not putting money into the ICO because it's handing money (even worse, crypto) to Maduro, but at the same time I might throw some money at it once it's on ED.

Gun to your head, somoene forces you to trade all your crypto into Bolivares or Petros, what do you choose?

petros because it's easier to turn that back into crypto

>Just as bitcoin’s smallest unit is a satoshi, the petro’s is called a mene

hmmm

this

if they were trying to do a new currency they would just do an airdrop

...

>Saudis
>Less oil
>Gilded paradise but with fundamentalist nutjobs

>Venezuela
>More oil
>Poverty-ridden, indio run, commie shithole with fuck tons of crime

this will be interesting.
what about a Nork currency backed by "not launching the nukes"?
imagine a dubai crypto...
now THIS is a currency war!

>coin created by a corrupt government

what could possibly go wrong

YO SOY DEL LEVANTE
ESTOY CON MADURO
YO SOY DEL LEVANTE
ESTOY CON MADURO
YO SOY DEL LEVANTE
ESTOY CON MADURO

Shalom brother, I too stand with the arabs