Two days after GRAND OPENING of El Petro (fake) crypto office in Caracas... GRAND CLOSING!

[GatoGordo]

They suspend sale of petros by ticket office to two days to begin the process
A worker of the Superintendent of Cryptoactives said that until tomorrow there will be protocol activities in the body with government authorities

By CARLOS SEIJAS MENESES
NOVEMBER 1, 2018 07:17 AM | UPDATED ON NOVEMBER 01, 2018 07:45 AM

Translated from Spanish


"Who put words on this prop? I don't understand any of this!"

Two days after the sale of petros by ticket office at the headquarters of the National Superintendent of Cryptoactives in Caracas began, October 29, the government suspended it, even though President Nicolás Maduro reiterated yesterday, World Savings Day, the Invitation to all Venezuelans to invest in the virtual currency.

At the entrance of the superintendence on Urdaneta Avenue, guarded by officials of Casa Militar, a worker of the public body informed that until tomorrow there will be protocol activities with authorities of the Executive, such as ministers, governors and mayors. "That is why we will not attend legal or natural persons," he said.

As of November 5 at 8:30 a.m. they will resume the sale of petros, when they can also be purchased with sovereign bolivars, he added.

In the only two days of the process there was little influx of buyers. On Monday in the morning shift no more than 15 interested went to the agency. After 1:00 p.m. there were only 4 people, of whom 3 requested information from the employees, who wore Sunacrip shirts. On Tuesday, Minister of Agriculture and Lands, Wilmar Castro Soteldo, accompanied by Chinese officials, invited by the government to provide economic advice, received his certificate for the purchase of petros.

Deputy Ángel Alvarado, an economist and member of the Finance Committee of the National Assembly, declared that the digital currency created by the government is a fiction: it only exists in the president's mind; but in reality there is no way to pay with petros. "It does not exist, it's a waste of time. If the government can not with a currency, less with two. The worst thing about the petro is that it is anchored to the Dicom, not the dollar, and that ended up killing him, "he said.

The government, however, insists that it operate as a currency of commercial exchange. "There we go," said an employee of the superintendence in relation to which citizens will soon be able to pay with petros. On October 5, Vice President Delcy Rodríguez reported that since November the issuance and extension of the passport will be paid exclusively with petros, a measure that economists and trade union leaders believe violates Article 318 of the constitution, according to which "the monetary unit of the Bolivarian Republic of Venezuela is the bolivar. "

Yesterday, after 12:00 noon, one day for the month of November, several people demonstrated in the Administrative Service of Identification, Migration and Foreigners, in front of the Plaza Miranda, not only their rejection of the official's announcement, but also the anguish that they begin to charge the process in the virtual currency.

A user, who wants to take out her son's passport, went to Saime to ask if they will start charging in petros. He feels afraid of being charged in that currency, because he does not know the mechanism and where they are acquired. "I want to advise me well to come on Friday and specify the diligence," he said after a worker sent it to customer service, which was closed.

Nancy González, a pensioner, paid for the renewal of her passport three months ago and since she has not been given it, she is afraid that now she will be forced to pay another price, and in Petros. "I do not earn in dollars. I am leaving the country to receive another type of money, here the 1,800 bolívares of the pension do not reach me to eat or to buy medicines," he said.

http://www.el-nacional.com/noticias/economia/suspenden-venta-petros-por-taquilla-dos-dias-empezar-proceso_258062

I guess Venezuelans would rather invest in food that is getting nearly impossible to find?

Not that it matters. To buy a mythical Petro, you have to have hard currency that isn't worthless. Which is illogical, since the only thing of value left in Venezuela is foreign currency and the people who have access to it are spending it on stuff like food and medicine.