The Petromoneda

President Nicolas Maduro announced not more than 2 months ago the new solution to the economic problem of our country, backed by oil, gold, gas and diamonds from Venezuela.

NICOLAS MADURO: "This will allow us to move towards new forms of international financing for the economic and social development of the country, and will be done with an issuance of cryptocurrencies backed by reserves of Venezuelan gold, oil, gas and diamond wealth. announces the creation of its cryptocurrency, the Petro, is going to call".

In the following video is the complete explanation and every detail of this new Venezuelan cryptocurrency with the Minister of Science and Technology Hugbel Roa and the creation of a Venezuelan Observatory of Blockchains.

Is this the solution to the economic crisis in Venezuela?

It may be, but also may not, because until today's date there is still no progress through the Venezuelan streets with this new crypto currency, they call it "The Phantom Currency" because its progress is not effective and they are already implementing secondary measures such as:

►The new monetary cone called "Bolivar Soberano".
►In some states of the country, they are implementing their own tickets for the payment of services or food.
► Remove zeros "0" to the currency, leaving it even more devalued than ever.

If you want more information about this "Bolivar Soberano" tell me in the comments.

Sovereign currency.

Bolivar sovereign.

Honeycomb currency only in some states of Venezuela.