Quote from: blueteam09 on August 16, 2018, 04:48:47 PM

Quote from: alexeycmexa on August 16, 2018, 04:44:34 PM

The national Assembly of Venezuela is preparing a reform of the country's Constitution, which provides for the creation of a crypto-currency Central Bank. It will be the Central Bank" with its functions in exchange, monetary and financial policy, and the Central Bank will be involved. In Venezuela, from August 20, a new denominated currency will enter into circulation the Sovereign Bolivar (Bolivar Soberano), tied to the national crypto currency Petro. On Monday, the country's President Nicolas Maduro (Nicolás Maduro) said that the country will begin to operate a new system of wages and prices, also tied to Petro.

Venezuela is in great debt, making the country's economy so badly inflationary. Venezuela establishes cryptocurrency bank will change the current of the country? They need to take better measures instead of releasing their own Crypto.

A country in great debt = central bank in default = central bank backed crypto = no backing?