<p>From my point of view, any chaos in the monetary system may be an opportunity for an alternative system.</p>

<p>Taking control out of the banks would be the first step towards an attempt to improve the economy, but we must be very careful about the government control.</p>

<p>The current scenario in Venezuela is all fault of the Government and not totally of the banks, if the government itself wants to launch a monetary system without the interventions of the banks what would be the logic of this?</p>

CC BY-SA 3.0
2018-02-21T23:34:31.890Z
It seems that the international (led by US) hostility, sanctions, and support of opposition activities definitely didn't help. Though of course the government didn't do a good job as well. Still, it would be a bit absolute to say it is "all fault of the government"?
xji
CC BY-SA 3.0
2018-02-20T18:02:12.850Z
2018-02-20T18:02:12.850Z
Wilher Distu Lima
<p>Venezuela is about to launch its own <a href="http://www.elpetro.gob.ve/index-en.html" rel="nofollow noreferrer">Petro cryptocurrency</a></p>

<p>Could the chaotic economic scenario the country have lived be a good chance to  change the usual  currency to a criptocurrency?</p>

<p>I mean, What can significantly mean success or failure in this case?</p>

<altcoin>
New Venezuelan crypt worth it?
Guilherme
# New Venezuelan crypt worth it?

(Asked by: username_0 on 2018-02-20)

Venezuela is about to launch its own [Petro cryptocurrency](http://www.elpetro.gob.ve/index-en.html)

Could the chaotic economic scenario the country have lived be a good chance to change the usual currency to a criptocurrency?

I mean, What can significantly mean success or failure in this case?

**Tags:** altcoin


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## 1 answers

### Answer by username_1 on 2018-02-20. Score: 2

From my point of view, any chaos in the monetary system may be an opportunity for an alternative system.

Taking control out of the banks would be the first step towards an attempt to improve the economy, but we must be very careful about the government control.

The current scenario in Venezuela is all fault of the Government and not totally of the banks, if the government itself wants to launch a monetary system without the interventions of the banks what would be the logic of this?

> **Comments:**
> **username_2**: It seems that the international (led by US) hostility, sanctions, and support of opposition activities definitely didn't help. Though of course the government didn't do a good job as well. Still, it would be a bit absolute to say it is "all fault of the government"?  

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