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.

I think that instead of setting up a central bank for electronic money, they should set up transactional and archival stations. Normally the central bank will be the place to release the currency, so what will the central bank do when it can not make itself a BTC or ETH. If they release a new crypto to people in Venezuela can use and switch over to ETH and BTC, it is not yet certain that people will use it extensively, because they also deal with many other countries. I do not think this is a good idea. It would be better if this was a reserve center.

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