The President of Venezuela Nicolas Maduro announced a new exchange rate for the state cryptocurrency. According to him, one Petro can be exchanged for $60 or 360 million Venezuelan bolivars, which demonstrates a 96% devaluation of the national currency
What do you think of Maduro's project?
Can the national cryptocurrency save and improve the state economy?
Article that gives context: https://blockspoint.com/news/hot/venezu ... epreciates