Topic: [PRE-SALE][ICO] Petro $PTR - Oil backed crypto currency launched by Venezuela (Read 28469 times)

new thread:
https://bitcointalksearch.org/topic/petro-ptr-venezuela-5208812

Great, I hope they will prove those restrained by conventional ideas to be wrong and the people and real economy of Venezuela are able to thrive.   The narrative of an outside influence causing all problems in an economy is not a new argument, its the excuse of many regimes as they fail and circle the pull of a drain.    Natural dynamics in an economy matter, thats all I care about not the politics not the egos and ideas in singular view when the economy is the many never the few.


I read recently Zimbabwe is once again experiencing problems with inflation after inventing a digital currency.  Fortunately they have not tried to label it with the idea of cryptocurrency so far as I know, just they have skipped the idea of endlessly printing paper notes of promised value.   I'm not bothered if its Mugabee or Madro or whoever the name at the top is, I just dont believe these ideas will prosper vs simple natural re-occuring dynamics that have been in play for centuries, force cant make an idea float if the basic principles are compromised.

new thread:
https://bitcointalksearch.org/topic/petro-ptr-venezuela-5208812

https://www.youtube.com/channel/UCVdixrm0_QE-BSW8eAXTgKw

this is a gift

45 suscriptores


The Truman Show

Sunacrip

one
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National Superintendence of Cryptoactive and Related Activities (Sunacrip). It was created on April 9, 2018, according to Official Gazette No. 6,371, with the name of the Superintendence of Cryptoactives of Venezuela and Venezuelan Related Activities (Supcacven) and attached to the Vice Presidency of the Republic, a position held by Tareck El Aissami. On October 1, 2018, it was inaugurated as Sunacrip - subscribed to the Ministry of Popular Power of Industries and National Production, directed by El Aissami-. This regulator will be responsible for supporting the development of Petro as a digital currency: "It is the epicenter of the development of a new history of the monetary economy of Venezuela," said the president, Nicolás Maduro, in a transmission of the state channel, Venezuelan of Television (VTV). According to its official website, Sunacrip is “an autonomous, regulatory and supervisory entity of all the activities inherent and derived from the development of the Integral Cryptoactive System in accordance with the homeland's plan with a revolutionary digital government based on blockchain”. For his part, Maduro explained that Venezuela's comprehensive national cryptoactive plan has a 10-year horizon in its development and will allow Petro to position itself in the field of the country's economic process. He also informed that as of November 5, 2018, Venezuelans will be able to acquire the cryptocurrency. The superintendency is chaired by Joselit Ramírez and consists of four intentions: Crypto-Financial Services; Promotion and Development of Cryptoactives and Related Activities, Digital Mining and Control Intendance.


https://www.youtube.com/channel/UC3MD5nwRgHFdavQ8WmYAUMA/videos?view=0&sort=da&flow=grid

Observe the number of subscribers and visualizations.
And these Chavistas have no shame.

whereas in the past Petro was the first coin issued by the state, and it was predicted that the price would be good, but this project seemed to have a problem, I also did not see information about PTR on coinmarketcap

So far as I know the country is a military dictatorship is the same fashion as many other failed states previously.    No one can change the current state of affairs except the military or peoples militia through violence and death, they have no other means to change laws or people in power.   The military is supported financially by transporting drugs internationally and has no wish to support the people or progress that would alter their income from their work with the drug cartels.    The legal and elected bodies oppose Maduro but do not have the power to remove him, the Venezuela military, Russia and Cuba support the continuation of the failed state so long as they benefit from it.
   Nothing in the PTR blockchain allowed the people or anyone else to act independently or do business outside of the centralized control of the government so it does not match the definition of crypto currency.

The 2017 National Constituent Assembly is the current constituent assembly responsible for drafting a new Constitution for Venezuela, assuming plenipotentiary powers over the other public powers of the State. It was promoted by Nicolás Maduro on May 1, 2017 by presidential decree No. 2830, which contemplates the call and the commission bases.

Does anyone know how the matter is going, or was it another play?

This is regrettable. I heard that the cost of oil exploitation in Venezuela is very high. Perhaps this is what makes users lack trust?

Yes it does but it's totally failed.
maduro think he can leave from the crisis through use petro. But he was using petro for bad purpose.
Read more about the history of petro
https://cointelegraph.com/news/venezuelan-petro-against-us-sanctions-history-and-use-of-the-crypto
I can say this one is a dead coin. Many countries already banned petro and it will be putted in the list of scam crypto that has been made by maduro.

No the logic for the idea of PTR was wrong because digital currencies is not a new thing, the US dollar is digital; we have dozens of examples of national digital currency already.   The vast majority of most western currencies are only ever described on computer systems transmitted between balance sheets of various institutions.   The point missed with crypto is it does really require decentralisation, this aligns it with capitalism and the Petro PTR standard failed to respect this and so was never going to achieve more then what is already the status quo with money revolving around the centralised powers of politics and military control.  
  
    This is not a productive situation and there is no special reason for PTR being able to develop the economy in Venezuela when it is constrained to the boundaries of a dictatorship.    I wish they had given the liberty of free capital a chance, a special enterprise zone without interference is something I would like to see in every country of the world.
   The idea ordinary plain people in a population can be productive and a great benefit to a country is not believed by those already in power and wealth.   Always avoid Elitism, its the opposite of the truth and repeatedly fails.

Does Venezuela want to rely on digital currency to develop the economy?

I think this will always be a total Scam, every day of life, there is no way for Petro to work, in reality everything that is managed by Maduro is bad, are there really people investing here? I think that everything is a very huge farce, do not try to deceive people, much less steal. I think that everyone who defends this should receive some payment from Maduro, since it is impossible to defend the indefensible.

means that Petro is a failed project ?,
whereas Petro is predicted to be good, because Petro is in the hands of the government,

Does anyone know if the tokens from the pre-sale can be moved to the Petro wallet?

Sounds like you can't deposit or withdrawal Petros from it. Left by one of the commenters on this tweet (auto translated):


The Petro has been proven to be an utter farce multiple times over. Don't know why you are still promoting it.

Who will be this fanatical chavista of the four four idiots who retweeted

exchange AmberesCoin @AmberesCoin
https://twitter.com/AmberesCoin/status/1145118875585077248

Pure theater


https://twitter.com/AmberesCoin/following

Dude. So what? Is there evidence it can even be moved off the exchange? Why did you come back to post this? Youre still getting paid to spread propaganda? This coin was a bigger fraud than BSV, and that's saying a lot.