petros for any other currency yet, the government is expected to back each petro with the value of one oil barrel obtained specifically from the Atapirire parish of Anzoátegui to be exchanged into bolivares or other currencies. And the tokens from the pre-sale ICO remained untouched. 51 Investment edit The Washington Post economic reporter Matt O'Brien said that "The petro might be the most obviously horrible investment ever. In addition, in the very socialistic style, the authorities decided to replenish the budget with all sorts of taxes from cryptoindustry: from mining to cryptocurrency operations. "Venezuelans to Be Paid at Least Half a Petro a Month - Bitcoin News".
Attempts to force to use, new national cryptocurrency is being rapidly integrated into the life of Venezuelans, at least on paper. The petro, or petromoneda, 1 launched in February 2018, is a supposed cryptocurrency issued by the government of, venezuela. At that,.7 thousand came from individuals from 127 countries of the world.
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However, El Petro is a token based on the NEM blockchain. El Petro is a cryptocurrency developed by the government of Venezuela. Initially, the Ethereum blockchain was called as a platform for the issue of El Petro. A b Ulmer, Alexandra; Deisy Buitrago (3 December 2017). The main reason was the possibility to get over the American sanctions as well as a precedent for other countries that are under them, including Russia and North Korea. 4 Experts in economics stated that it was impossible to link the petro to the bolvar soberano because no one knows its legitimate value.
As a NEM token, El Petro can be stored. Fcas stands for Fundamental Crypto Asset Score, a single, consistently comparable value for measuring cryptocurrency project health. Fcas measures User Activity, Developer Behavior and Asset Maturity. Find out more about fcas.