http://www.bbc.com/news/world-latin-america-42217798BBC reports Venezuela is moving to Petro coin to fix economy. Will this help? Will it hinder things? Will it bring negative light to crypto? First country to go totally crypto?
Personally, I see more inflation and Petro failing terribly.
This can be quite risky as the prices are very volatile. What if the prices double in next 3 months, they will have to spend double every month from current amount which can be huge for some.