it's the first sovereign crypto, look out for massive appreciation because the backing is both by state and by commodity and remember price stability of oil (while not stellar) is actively managed via market forces discounting all headwinds
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interesting -
How is the oil going to be extracted to back the Petro? Venezuela's PDVSA has falling production as it is, and it keeps on dropping. https://www.as-coa.org/articles/chart-collapse-venezuelas-oil-production …pic.twitter.com/AC125eWF3O
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also interesting ...thanks.
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Backed by oil that isn’t even extracted yet
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@ndrwprk our chance is finally here -
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hm, how much do we value food and shelter?
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: Bye-bye, Bitcoin — It's All About Bananacoins https://youtube.com/watch?v=-We5lrb4Bzc …
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