Quote from: suky321 on February 23, 2018, 04:01:04 PM

Quote from: wiser on February 23, 2018, 02:05:58 PM

I saw this article in the NemRed Telegram channel. It seems to do a good job explaining what exactly is going on with the Venezuelan Petro. It looks like a mess.

https://arstechnica.com/tech-policy/2018/02/venezuela-says-its-cryptocurrency-raised-735-million-but-its-a-farce/

Who knows how this will pan out, it may be a farce, or it may turn out to be a success.

... this article give you a taste of why Venezuela is considering using its own cryptocurrency token:

http://www.globalresearch.ca/us-regime-change-in-venezuela-the-truth-is-easy-if-you-follow-the-money-trail-the-opposition-is-pro-washington-not-pro-democracy/5601933

Thanks for posting that article. I'd completely forgotten the angle of US/Globalist directed regime change. I have no doubt Bush, Clinton, and maybe to a lesser extent Obama would and did do these kinds of stunts, where they would manipulate events in another country under the auspices of democracy but really to create some sort of puppet state. I would need more information before I could confidently say that is going on now. Trump is a different sort of leader. For one, he's not globalist. Also, it really doesn't help that Venezuela has had a lot of drug cartels under Maduro (some of which might have been covertly funded by US previous administrations). The US does have a genuine self interest of keeping drugs out of our country and often that means going after the sources, the cartels. With that said, the "drug war" has often been an attempt to cover up doing just the opposite. It will be interesting to see how this plays out. And there is a good point raised in that an imperfect sovereign nation is going to be better off than one that is basically a colony of another country (unless of course the arrangement is truly agreeable to all parties and freely chosen).