The events in Venezuela do not stop, and they do not seem to stop. While the country’s government claims that the future of the crypto currency Petro, which it has issued during the economic crisis for a while, will be good, and wants its citizens to buy the Petro, at the same time, it increases the value of the crypto currency Petro at certain time intervals. Nicolas Maduro can decide on the Petro at any time, and after this decision, it is requested that different crypto currencies should never be used in the country, except for the use of Petro for cryptocurrencies. The administration, which proposes different cryptocurrencies instead of Bitcoin, also makes it mandatory to make payments in government offices in the country with Petro.
Petro may fall during the events in Venezuela
Nicolas Maduro’s leaving his post It is claimed that the value of Petro can be depleted in the event of a crash and citizens can stop purchasing Petro and buy Bitcoin instead. While some citizens state that there will no longer be a need to use Petro and crypto money in the country, a new administration is ready to come, the value of Petro in the country is currently held at 36000 New Bolívars.