Despite the general skepticism about the Venezuelan El Petro, this coin in any case gives us a good experience in the development of cryptocurrency. All this must be carefully studied and known, and not simply dismissed from all this. Still, we must pay tribute to President Maduro. He is taking bold and risky steps within the whole state to implement cryptocurrency, even if centralized, and this has greatly interested people all over the world and has raised interest in cryptocurrency in general.
I'm trying to be optimistic about Petro. Raised interest in crypto - agreed. He's taking bald and risky steps - agreed. But here, in crypto, we don't trust words much, you know? On the internet, you can be whatever you want and nobody will ever know, you're a fridge.
Please read the article on the link above. I totally agree with the author that it's impossible to get the fully-operational oil extracting field from zero spending just $6 bil. Check the examples provided. $6 bil seems to be a real joke for such a business.
Let's accept the claims of getting $3,6 bil of investments already.
Where's the present and running blockchain for Petro? Where's the properly-made website? You have to spend up to $10k on all that, I believe. And even $10k is way more than needed on such tasks for good professionals. There are claims that Petro will be just a copy of DASH. Ok, we can accept that. But the costs of making the Petro blockchain and proper website goes as low as $2-3k in this case. Am I wrong?
Summing up, evidence of existing of Petro - all we need to trust Mr Nicolas Maduro