Post
Topic
Board Altcoin Discussion
Re: Venezuela offer India 30% discount in oil price if it paid on paid on El Petro.
by
Kulafu
on 07/05/2018, 05:04:45 UTC
On my opinion. Venezuela is baiting India. Venezuela wants India to buy it's crypto in full price and sale its oil on 30% discount using cryto.
Still same India never get a discount on oil. but helps to pump the El Petro. It gain for Venezuela loses for India.
https://thecryptograph.net/v1enezuela-offers-india-a-30-oil-discount-if-paid-in-crypto/
It seems to me that such conditions with the purchase of oil for their Petro Crypto currency with a 30% discount are very good for India. This, it seems to me, is absolutely mutually beneficial.

 In general, the case of the Venezuelan Petro is very interesting. In my opinion, now the whole world is watching Venezuela and its crypto currency. Such a serious approach to its centralized crypto currency has not yet been observed. It is interesting to see how future events will develop. If everything goes well with this coin and President Maduro can raise the country's economy, he has every chance to be re-elected for a second term.

Actually India will never get a 30% discount on oil because they will force to buy a a El Petro in full price. This would  be a two birds in one stone for Venezuela. It sold Petro and oil. And it could pump the price of Petro which another gain for Venezuela.