![]() The Superintendence of Cryptoassets, the government agency that oversees the petro, is a mystery. But Hugbel Roa, a cabinet minister involved in the project, told Reuters on Friday that the technology behind the coin is still in development and that “nobody has been able to make use of the petro. Maduro says petro sales have already raised $3.3 billion and that the coin is being used to pay for imports. Senior government officials have given contradictory statements. sanctions against Venezuela and “awful press” for hurting the petro’s debut. One complained of being “scammed.” Another told Reuters he had received his tokens without problem he blamed U.S. The few buyers Reuters could locate were those who had posted about their experiences on online cryptocurrency forums. The coin is not sold on any major cryptocurrency exchange. The hunt turned up little evidence of a thriving petro trade. Over a period of four months, Reuters spoke with a dozen experts on cryptocurrencies and oil-field valuation, traveled to the site of the pledged oil reserves and scoured the coin’s digital transaction records in an effort to learn more. It turns out that Venezuela’s petro is hard to spot almost anywhere. She launched into a diatribe about her town’s crumbling school, pitted roads, frequent blackouts and perpetually hungry citizens. “There is no sign of that petro here,” said homemaker Igdalia Diaz. And they have little confidence that their struggling village has a front-row seat to a revolution in finance. ![]() This month he vowed it would be the cornerstone of a recovery plan for the crisis-stricken nation.īut Atapirire residents say they have seen no efforts by the government to tap those reserves. Venezuela has pledged those reserves as backing for a digital currency dubbed the “petro,” which Maduro launched in February. Located in an isolated savanna in the center of the country, Atapirire is the only town in an area the government says is brimming with 5 billion barrels of petroleum.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |