Community post
Is Petro profitable? (my opinion)
On February 20, 2018 was officially launched the first national crypto currency '' PETRO '' backed by Venezuelan natural resources such as gold, oil, diamonds and gas, is a good alternative to counter-attack the Venezuelan crisis with a currency stable and digital parallel. It is the concept that is applied to the launch of this currency, but the reality is very different since the PETRO will not be received by all people either due to financial-economic factors, or because of factors that affect the confidence of the same, since lacks confidence for the consumer, since it is from the current Venezuelan government, it has earned the repudiation and bad reputation.
So knowing all the problems that come with PETRO is profitable?
The answer has several arguments because if the profitability is assured, the investment and the profit could be much better than it seems because having physical reserves can be much more stable than other cryptocurrencies in the market but .... Having no good bases of administration can sink into the same lake where the BOLIVAR FUERTE (Venezuelan currency) gave us a sea of doubts about what could be the PETRO and well lets us hope that time dictates the reliability of the PETRO.
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