Post
Topic
Board Altcoin Discussion
Re: How to buy Petro the new Venezuela's coin?
by
Basmic
on 07/03/2018, 15:47:18 UTC
how can you think this is a stable coin? This coin will be released by a government, which has an extremely high inflation economy. So what will be used to guarantee this coin?


An oil prices in theory but, yeah, you got the point - it seems to be really unstable one.
This coin has no prospects. First, it contradicts the main principle of cryptocurrency is decentralization. Secondly, in order to predict its future, it is enough to look at what happened to the Venezuelan national currency. I don't recommend you to buy it. Now there are 1000+ different coins on the market. Pay attention to them.