The cryptocurrency of misinformation

It is public knowledge that the Venezuelan government is about to implement the use of a cryptocurrency as an economic tool, but searching even in the most specialized sites and here in steemit I could not find an article that touches all the important points for each person to determine if same the operation that Petro will have. So below the information that until now has been revealed of the Petro:

1. The Venezuelan government defines it as:
   The digital currency that emerges as an alternative to carry out operations in the international market, against the supposed financial blockade imposed by the United States Government.

2. According to the president, it is a currency that takes as its backing the natural resources of Venezuela. If it is that said currency, in effect, goes to circulation, it would be the first cryptocurrency whose value would be covered by raw materials. In addition to being the first cryptocurrency issued by a State. This violates the cryptocurrency definition since it is supposed to be decentralized.

1. Each Petro will have a value equal to the price of a barrel according to the Venezuelan government, but it happens that Venezuela does not have more extraction capacity and all the oil that is produced is destined to pay the national debt.

2. On Friday, December 22, the so-called Digital Mining Single Registry became operational, which allows the use of the digital currency Petro. What would really be a strange control to what we used to cryptocurrencies.

3. The operation of the "Petro" has the advice of the BlockChain observatory

4. The virtual exchange houses, which are in trial period, were activated in the country.

5. According to Maduro, there are 50,918 active digital miners in Venezuela.

6. It has an initial support of more than 267 billion dollars informed the Minister of Popular Power for Communication and Information, Jorge Rodríguez; or 5,342 billion barrels of oil.

7. Account with virtual wallet, the most likely is that it comes out as we are used to with an online and one to download in PC.

All this makes us think that maybe with the Venezuelan government's background this currency does not work, but could it? Could it be a profitable business for some investor given the rise in the price of oil? Or can only the same politicians benefit from them?

We seem that it will not have a head or a head as even scrutiny was found to be issued only 100 million initially which does not match the figure of 267 billion dollars of capitalization, plus that if each petro will have the price of a barrel of Venezuelan oil does not explain the existence of pages like this https://www.elpetro.lat/ that indicate a true fraud.

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