Post
Topic
Board Altcoin Discussion
Re: El Petro, Trump, Putin and OIL
by
apelopus
on 11/06/2018, 18:22:44 UTC
They did it right. Their currency have no value.
But Oil has a value. They are just tokenizing their oil and hence making it free from the fluctuation of their currency.
This way they'll profit, their customer will profit and the only one at law is the tyrannic rule of IMF.

Haha Don’t be silly, Venezuelan oil will not worth a penny in the not too distant future. Crude oil production in Venezuela is practically falling at an average of 10% every quarter and has been since mid-2017. A scenario with oil production in the country losing at least another 500,000 barrels