Post
Topic
Board Altcoin Discussion
Re: Venezuela offer India 30% discount in oil price if it paid on paid on El Petro.
by
masterrex
on 09/05/2018, 07:31:32 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/

I think its a Good deal Both for India and Venezuela if pursue? aside from pumping el petro price Venezuela is aiming for something not just Crypto related interest Since India is and Oil voracious counrty due to its Large energy requirements this is also benefits India in terms of Energy security with 30% less per barrel in a World market price thats huge discount when you buy in a huge volume  Im wondering Why Venezuela is aiming India this time when we all know that venezuela has and economic saction from United States. if this Article is true its quite surprising and worth of a discussion.