Venezuelans forced to use petro for passports
according to Bloomberg Vice-President Delcy Rodriguez told a press conference on Friday that a new passport will cost the citizens two petros, an amount of 7.200 home goods. With the amount of four times the minimum monthly salary, Venezuelans face an even harder task of getting their travel documents as they seek to escape the country's economic and humanitarian crisis, shows the news source. Despite the arrival in a sale in February, the oil and mineral baked crypto tooth was formally launched by President Maduro last week.
In a tweet he said (via translation):
"Welcome to Petro! It was to strengthen the economic boom and revolutionize the global crypto economy as a new form of commercial, financial and monetary exchange. "
Maduro has also tied the renewed national currency, the sovereign bolivar, to the petro, as reported by the cryptopost. But with the symbol that was obviously used to abolish US-led sanctions against the country, President Trump moves to block its use in trading new constraints in March.
Just last week, a bipartisan group of US senators even pushed sanctions against the petro and urged US residents to provide "software" to the Venezuelan government as part of their efforts to exploit the petro.
Maduro has apparently put all his hope into success and has made a great effort to force the institutions to use the petro. At the end of August he ordered the banks to adopt the petrous, requiring companies to do the same back in March. The nation should also point out pension and payroll systems for cryptocurrency, which was declared in August