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RE: The Venezuela Experiment & Implications
Petro is a scam. It is not a decentralized cryptoactive, the price is set by the government at its entire convenience.
People who invested foreign currency in Petro can only withdraw at the price dictated by the government and in a completely devalued local currency.
Unfortunately the intentions of this government are never good and are disguised behind anti-imperialist propaganda.
You are absolutely right friend, this government only thinks about your benefit, poor of the one who believes in them.