Due to the success of the first presale of the Venezuelan cryptocurrency THE PETRO, raising 3,338 million US dollars, Venezuelan President Nicolas Maduro announced on March 22 the creation of another national cryptocurrency in this case THE PETRO GOLD. After the acceptance by the international community of crypto-investors and transnational companies, EL PETRO collected in a very short time figures higher than those of the Orinoco mining arch created in February 2016. These convincing figures are the main reason for the Venezuelan government to decide launch their second cryptocurrency backed by natural resources, in this case GOLD. With certified reserves of 1480 tons of gold in the deposit of the project sowing mining equivalent to a price in euros of 54,300 million taking into account the current value. PETRO ORO is even more attractive to trade than its predecessor cryptocurrency, since the value of the gold material is not subject to the volatility of an oil market with a marked record and dominated mostly by powers beyond the reach of common understanding. The investments in GOLD will guarantee the value of these, since this has been the predominant object in the exchanges and commercialization in the history of mankind. Currently the only gold-backed fiduciary currency is the Chinese PETROYUAN, however due to the growing virtual market it can let this go down in history. Like the other existing currencies including the US dollar backed by war. In Venezuela there is a political and economic crisis caused by internal and external agents coupled with sanctions imposed by the government of the United States. PETRO ORO shows different qualities for the growth of the South American nation by supporting the new monetary cone BOLIVAR SOVEREIGN since it can be used by natural persons to obtain the cryptoactive and becoming a reference dethroning the current markers that devalue every day de Venezuelan economy

Until now there are not many data regarding this new cryptocurrency but it shows good signs for the recovery of the outraged Venezuelan economy. On the other hand, the TRUMP'S administration threatens sanctions to companies that do business with these cryptocurrency from emerging countries considering that they are a danger against their economy and egemonia as a world power but at the moment a strong series of events in the world that leave TRUMP'S administration questioned and including its closest allies seems to be on disagree with their actions