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RE: Venezuela to create Oil-back National Cryptocurrency "the Petro"
Hello @acidyo Venezuelan here! Coincidentally I wrote a bit about this, I'm still learning about crypto, but with the little I know I'd say this is an unexpected move by the goverment, I'm still skeptical because our goverment has the reputation of lying to the people. I do believe this could be a game changer for our economy. I'm working behind the scenes with some Venezuelan Steemians in a big community project , a Steemit Academy, this news probably might help us get in more people easily and why not? attract future investors. Cheers!
Venezuelan here and I want to add that I don't think a government ran cryptocurrency will fix this, especially if it's maduro getting it started. It's a scary thought. I'm skeptic like you for the same reasons.
However; I would much rather see more Venezuelans adopt bitcoin, steemit and other cryptocurrencies. I am not currently residing in Venezuela, but I see you are working behind the scenes with some Venezualen steemians. I would like to help in some way if you will have me. I currently have family in Venezuela and I plan on telling them more about steemit asap. I feel like this could be an experiment. If Venezuela succeeds, other countries will do the same, and we might end up with a crypto-dollar here in the US before it's all said in done
Exactly bro! I've realized that most people have really good intentions but nobody is doing anything! I'm pretty confident we could succeed if we educate people good enough about this, and that's what our academy will do. Cheers!
I wanted to help my family in Venezuela but being in the USA I read I could get in trouble for helping a sanctioned country. Isn't that f'd up? Not sure how true this is.
Hello @bitfiend, my friend, you are misunderstanding thinking that you can't help your family due to those sanctions, you'll have trouble just if you make any business or transaction or contract with anyone on the blacklist that are specified by the government of the USA, that sanctions are just for that people. You must not be afraid to help your family or friends, that's not a crime.
Thanks for your reassurance, I understand now.
Really fucked up in case this was true! If you want to help your family you could encourage them to come to Steem, you transfer them SBD or Steem and they could trade them easily using a service. Don't know if you've noticed but there are services here in Steemit where people can change Steem to VEF
After doing some digging, most of my family doesnt own a computer, one of them just had a phone die and finding a replacement is next to impossible. So how would I get them connected? There is a huge gap of communication because even access to wifi is hard to come by. Maybe you can run this by your group and get ideas? Is there a discord? They are pretty computer illiterate so probably not something they'd want to do. All the more reason to get the petro going.
I just wrote about this this morning as well, and in my opinion, people like this Venezuelan president guy only ever do things for themselves, and sadly, I believe this "Petro" coin is another one of those things:
https://steemit.com/cryptocurrency/@tolkatore/venezuela-to-issue-their-own-oil-backed-cryptocurrency-would-you-trust-it
I'm gonna quote this from Acydo's post "I don't think it will hurt trying it out as long as the currency remains open-source and public as most blockchain technologies" If they decide it to do it this way, maybe, just maybe, things might turn around. From the goverment nothing really surprises me, believe me, we have seen it all, all they can do just to keep staying in the power.
I doubt it, but it will most likely resemble the Chinese coin they are coming out with, which will most likely be private, secretive, and completely traceable.