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RE: Venezuela Will Back Its Cryptocurrency With 5 Billion Barrels Of Oil, Gold Deposits

in #bitcoin7 years ago (edited)

I am Venezuelan, I do not believe that the people who are behind this project are reliable. The Venezuelan government does not have the capacity to do anything competently. All the pages of the government are hacked constantly, the oil industry has increased labor accidents due to carelessness and lack of maintenance, in several states of the country there is no water service and electricity due to lack of maintenance. What will prevent the inefficiency from compromising the security of your money? then the government will only say that it is a sabotage of the empire or of the opposition. These people will not only centralize the crypto, but the whole process is compromised due to its negligence.