FYP OP, now it seems more appropriate as to what is going to happen in the coming months. There is no way this can be a good thing for that country or those people, it is only good for the most powerful inc Maduro.
Topic: Cryptocurrency pulls country our of tailspin - page 2. (Read 295 times)
Re: Cryptocurrency pulls puts country our of into tailspin
FYP OP, now it seems more appropriate as to what is going to happen in the coming months. There is no way this can be a good thing for that country or those people, it is only good for the most powerful inc Maduro.
FYP OP, now it seems more appropriate as to what is going to happen in the coming months. There is no way this can be a good thing for that country or those people, it is only good for the most powerful inc Maduro.
Maduro is a dictator. Do NOT invest in this coin.
Firstly, if you are American, you are breaching government sanctions against Venezuela if you invest (see https://www.express.co.uk/news/world/921931/petro-us-treasury-sanctions-cryptocurrency-bitcoin-ethereum-violation-venezuela). Any assests you have or gains you make will be seized, and you could face jail time.
Secondly, it is morally reprehensible. You will literally be handing your money to a murderous dictatorship that is starving and killing the Venezuelan people.
Thirdly, their oil sector is non existent. It is a shitcoin.
Firstly, if you are American, you are breaching government sanctions against Venezuela if you invest (see https://www.express.co.uk/news/world/921931/petro-us-treasury-sanctions-cryptocurrency-bitcoin-ethereum-violation-venezuela). Any assests you have or gains you make will be seized, and you could face jail time.
Secondly, it is morally reprehensible. You will literally be handing your money to a murderous dictatorship that is starving and killing the Venezuelan people.
Thirdly, their oil sector is non existent. It is a shitcoin.
This. I guess Americans would be left out of any possible profits. Also, they may be sitting on an oil deposit larger than KSA's but years of populism has pretty much left the industry neglected that they can't even refine their own oil. But who knows, maybe they have plans to upgrade their facilities.
Should that happen, it'll be "resource curse" all over again with them selling oil without needing input from the people.
Maduro is a dictator. Do NOT invest in this coin.
Firstly, if you are American, you are breaching government sanctions against Venezuela if you invest (see https://www.express.co.uk/news/world/921931/petro-us-treasury-sanctions-cryptocurrency-bitcoin-ethereum-violation-venezuela). Any assests you have or gains you make will be seized, and you could face jail time.
Secondly, it is morally reprehensible. You will literally be handing your money to a murderous dictatorship that is starving and killing the Venezuelan people.
Thirdly, their oil sector is non existent. It is a shitcoin.
Firstly, if you are American, you are breaching government sanctions against Venezuela if you invest (see https://www.express.co.uk/news/world/921931/petro-us-treasury-sanctions-cryptocurrency-bitcoin-ethereum-violation-venezuela). Any assests you have or gains you make will be seized, and you could face jail time.
Secondly, it is morally reprehensible. You will literally be handing your money to a murderous dictatorship that is starving and killing the Venezuelan people.
Thirdly, their oil sector is non existent. It is a shitcoin.
As President Nicolas Maduro would say, "Today, a cryptocurrency is being born that can take on Superman."
Having received $735 Million in the first day of pre-sale of the country's "petro" cryptocurrency, President Nicolas Maduro is very much pleased.
He hopes that petro will allow the ailing OPEC member to skirt U.S. sanctions as the bolivar currency plunges to record lows and it struggles with hyperinflation and a collapsing socialist economy.
I think this definitely looks like a great start and can be marked as a compass to what the market hopes to achieve as we enter into this new phase.
Having received $735 Million in the first day of pre-sale of the country's "petro" cryptocurrency, President Nicolas Maduro is very much pleased.
He hopes that petro will allow the ailing OPEC member to skirt U.S. sanctions as the bolivar currency plunges to record lows and it struggles with hyperinflation and a collapsing socialist economy.
I think this definitely looks like a great start and can be marked as a compass to what the market hopes to achieve as we enter into this new phase.
I am skeptics with the success of cryptocurrency from a country which are plague with corruption, drugs, and totalitarian government. I just hope crypto will not be used to exploit others because if that would happen, the whole crypto will be affected. I just hope That President Nicolas Maduro spare the cryptocurrency from bad luck.
As President Nicolas Maduro would say, "Today, a cryptocurrency is being born that can take on Superman."
Having received $735 Million in the first day of pre-sale of the country's "petro" cryptocurrency, President Nicolas Maduro is very much pleased.
He hopes that petro will allow the ailing OPEC member to skirt U.S. sanctions as the bolivar currency plunges to record lows and it struggles with hyperinflation and a collapsing socialist economy.
I think this definitely looks like a great start and can be marked as a compass to what the market hopes to achieve as we enter into this new phase.
Having received $735 Million in the first day of pre-sale of the country's "petro" cryptocurrency, President Nicolas Maduro is very much pleased.
He hopes that petro will allow the ailing OPEC member to skirt U.S. sanctions as the bolivar currency plunges to record lows and it struggles with hyperinflation and a collapsing socialist economy.
I think this definitely looks like a great start and can be marked as a compass to what the market hopes to achieve as we enter into this new phase.
Jump to: