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RE: An Interesting Technological and Political Evolution
excellent post. the problem with Venezuela is that we have a government that does not have credibility and it is rumored that the national cryptocurrency is to wash dollars
Yes thats probably a true rumour, but Venezuela needs international "help" or at least a new economic lifeline. You will notice in the news they are already reporting investor interest and also US disapproval. It's a great credible bluff. The Greeks had access to it, but for whatever reason chose not to go through with it. As for the "people" once such a money gets on to the exchanges (cryptoexchanelandea I call it) the price of it will reflect the underlying honest of the issuers in regard to the supply. So there won't be much value, even and especially for a malevolent government to manipulate the money, and yet they will be rewarded by the people's support if their is a favorable trend from an international view.
It really really is a change and it will be good, I hope they launch.
We absolutely need help. the economic situation is sad, people die because of lack of medicines. I have a lot to thank steemit since I was able to pay an analysis for prostate cancer to my dad, and here I am still looking for coins. Regards @jokerpravis
Right ic. Ya I think probably some very smart people made that crypto petro coin proposal and your government is so desperate they are going to listen to logic. Take care, the world will change soon. I am sure of it. The economic embargoing will end.