Topic: [PRE-SALE][ICO] Petro $PTR - Oil backed crypto currency launched by Venezuela - page 61. (Read 28472 times)

Too stupid it's beyond imagination.

Obviously the report never was made public.

Was Correa a right wing, US puppet?

Exports from Ecuador to Venezuela 2014: $234.960 millones
Exports from Ecuador to Venezula 2016: $67.935 millones


The problem is simply that Venezuela cannot pay. No conspiracy, but bad economic policy.

Venezuela has a pretty good welfare, so the sanctions have an impact on the working class but also on the whole economy (including middle-upper classes, that you can read here how hysterical they are). Trump's sanctions have frozen Venezuelan State bank accounts in the US (and also CITGO revenues, a huge Venezuelan company in the US) and they are basically blocked from doing SWIFT transactions, a system controlled by the US.

Therefore they have a hard time paying public debts deadlines and not because they don't have money. That had also a huge impact in oil production, that requires continuous cash flow and investments. They have solutions, like triangulations through various countries, but it's complicated, slow and expensive.  Crypto comes in handy = Petro.

Venezuelans are also pushing digital transactions for payments already. That's because gangs practice another criminal activity called "currency extraction", which works in association with hyper inflation: it means destroying or bringing cash outside of the border, making it very hard to get cash. So people have money in their bank accounts but cannot withdraw enough (so they become hysterical too and blame the government etc!).

In short: the government is not responsible for all the problems. Actually the government is much more responsible for making the problems less dramatic than they could be, by pushing digital payments as much as possible, keeping social investments, public healthcare, education, housing in place and working. Etc...

Last time I go back to this. This is how international relations, investments, bank services for States work in the real world: a country sanctioned by the US is an outcast, and all the enslaved US allies and companies will rush to shut their tides with a US declared enemy. If the mafia boss says you are out, you'll be alone. It's a rule. The world is not a democracy, wake up if you are Latin American, or you live in Disneyland? Venezuela today is almost totally isolated in the region, after years it had enjoyed strong support from Brazil, Argentina, Ecuador, etc. They have good diplomacy experience and kept strong relations around the world though.

Venezuela is under a constant coup. It has been the case for 2 decades. YES: the sanctions in 2015, 2016 and 2017 have had a strong impact on the economy, that was already in trouble because of the oil price collapse and the global crisis. Even some leftist parties have abandoned Venezuela, mostly because of ignorance and total manipulation of the information, which is a key factor. Argentina, Brazil, Colombia, Peru: the trade with these countries has collapsed since 2014-5, when right wing, US puppet governments started to replace progressive ones.

Now Venezuela imports flour from Russia, basic medicines from India, etc. Nobody wants to trade with V. in the region. It's a war. It's called "dirty war", an undeclared unconventional war, supported by the massive US propaganda apparatus that fabricated a character assassination (Maduro) and a humanitarian crisis (even exaggerating the crisis in the news, which is bad but not as bad as it is represented).

The Petro is a defensive tool, to avoid starvation first and likely to push recovery and development.

The first report was in the website of a Ministry or the main government website (it also had a downloadable PDF, very long like 300+ pages), but it's hard to find because of Google political censorship. I cannot find it now. One of the many features of US "democracy". If you are interested, you'll find it.

Is the result of this research publicly available? Could you provide a link?

You have a good point as far as the sanctions from August 2017 against the government of Venezuela are concerned. Surely many high level government officials are not privately affected by these. (Exception are those who could profit by corruption on the basis of activities interrupted because of sanctions.) But I don't see how for instance the freezing of assets of or travel bans on people like Manuel Eduardo Pérez Urdaneta, Director of the National Police, should affect the powerless negatively or impair their ability to transport or trade.

Its the same as the effects of foreign aid policy, that is largely a resource passed from one government onto the largest entities in a country.  The most needy can miss the aid due to logistics problems especially where society and commerce has broken down.   The sanctions wont be as much a problem for high level government officials, they have the apparatus and means to get what they need via a variety of routes.   The most effected will be the powerless who cannot even transport or trade properly, they are the most effected as end users by the sanctions.

So sure I believe both those statements could be true simultaneously.


Here is a video on a possible Swedish Krona related national crypto currency E-Crown.   Apparently almost all transactions in the country are already done in a cashless way  - https://www.youtube.com/watch?v=sE-Oe4HGxzo

You're seriously desperate, and really have time to waste.

US sanctions had a huge impact since 2015 in the financial situation of Venezuela, its diplomatic and commercial relationships. That's a fact, proved by facts and numbers.
The sanctions did not have an impact because of the sanctioned officials themselves.

But hey, you just said:

False.

I repeat for the last time. The illegal US sanctions came with a formal declaration of "extraordinary threat". Also, it wasn't a small number: in 2016 and 2017 the number of official threatened by the US became large, making it even more clear to all banks and companies that they shouldn't invest and treat with Venezuela. That's the real political and economic "sanction" in 2015 and 2016. Starting from 2017, the US literally stole billions of USD and assets, property of the Venezuelan State.

All the sanctions had a large, lasting impact on the economy and therefore on the people.

The Truth commission created by Venezuelan Constituent Assembly has produced the ONLY serious existing research at the time of writing, with ALL the victims, names, date, location and circumstances of death (with pictures, media articles and analysis). The UN HR commissioner (like HR organisations HRW or Amnesty) does not have any research even vaguely comparable. Apart from Venezuelanalysis.com that kept track of the victims, nobody else ever worked on the victims. Truth is: NOBODY cares about the victims. Certainly not the ultra-corrupted US funded Venezuelan opposition and its followers.

Obviously: if they did, they had proved that most of the victims were killed by opposition gangs.

Exactly, before 2017 there were sanctions and those had (purposefully) a serious impact on a country that was already going though a serious crisis.

He is a politician who has no interest in actually analysing the reality of Venezuela and only follows political needs. Venezuela has an economic crisis. "Human rights" are a political tool defined arbitrarily when needed to justify intromission in the political process.
In Colombia there have been more than 30 political assassination only in 2018. You haven't heard from Washington and the Prince much. Obviously: Colombia is a US militarily occupied country.

You seem desperately confused and desperately copy pasting stuff to justify your hatred.
Venezuela is defending from an aggression, also using the Petro.

And you are avoiding to answer it. Simple fact and reason: Contrary to your false claims, before August 2017 there were only sanctions against a small number of Venezuelan officials.

He was unanimously approved approved by the United Nations General Assembly and bases his statements on well documented reports by his office. He surely has better information on Venezuela than you.

https://news.un.org/en/story/2014/06/471002-general-assembly-confirms-jordans-prince-zeid-new-un-human-rights-chief
http://www.ohchr.org/_layouts/15/WopiFrame.aspx?sourcedoc=/Documents/Countries/VE/HCReportVenezuela_1April-31July2017_EN.pdf


Just an outlet of the government.

It's the exact opposite. The sanctions against Venezuelan officials are totally illegal and shameful, but have almost no impact by themselves. The formal declaration of "threat" is a way to smear and send a political message to all the allies, like in the mafia. It is the way Washington allowed the escalation, from the administration and government, and therefore more sanctions and attacks. All this of course, along with all the other ongoing criminal operations: media blockade, financial crime, violence, coup plots etc.

No country in the world has ever been victim of such a long lasting (20 years), endless series of attacks, sabotages, smears, psyops and criminal operations. And a (failed) military coup, and many coup plots.

Enough, you repeated the same question 3 times. Good luck.

Indeed Obama declared that. But then only ordered sanctions against a small number of persons. (Seven at first, to be precise.) Do you know the difference between an order and the reasons given for that order?

False.

The illegal US sanctions declared Venezuela an "unusual and extraordinary threat to the national security and foreign policy of the United States". By doing this, Washington declared Venezuela an official US enemy, triggering a huge escalation of an already conflictual relation and starting a diplomatic domino that pushed other governments in the western hemisphere to follow the boss in the following years. This had an obvious and important impact in the diplomatic, financial, industrial relations and on the economy of Venezuela, since 2015.

I suppose that's all.