Birth of the Venezuelan cryptocurrency "El Petro"
El Petro is born
Announced with much fanfare, today El Petro is born, the first cryptocurrency created by a State, if friends, it's no joke, the Venezuelan government has created and put in presale its cryptocurrency, which unlike all the others (more than eight hundred ) is supported by the wealth of the country, specifically 5342 barrels of oil from field 1 of the Ayacucho Block of the Orinoco Oil Belt, which represents the guarantee of its value, that is, that a Petro equals one barrel of Venezuelan oil ( currently around 60 US dollars).
The government of Nicolás Maduro is committed to making El Petro accepted nationally and internationally. The Venezuelan cryptocurrency was born in a time of crisis in a country that, although it is true that it has the greatest oil wealth in the world, lacks serious policies that alleviate the suffering of the population.
Nicolás Maduro and his cabinet assures that with the start-up of El Petro it will achieve the entry of capital into the country by skipping the "economic blockade" established by the US and its allies. Will this cryptocurrency succeed? ...
God take care of my friends!