Venezuela’s Petro Coin Is A MASSIVE FAIL! – Maduro Desperately Attempts To Prolong CRISIS

Josh Sigurdson talks with author and economic analyst John Sneisen about the attempt by Nicolas Maduro to save Venezuela’s hyperinflated economy by forcing people to use the Petro Coin in all oil trades. So, the fake government backed so-called cryptocurrency which is based on oil may be the only thing you can buy oil with in one of the largest oil rich countries in the world? Sounds ridiculous, right?
Well the public is overwhelmingly rejecting this desperate attempt to keep the insane Venezuelan government on its feet while the public rolls their eyes after years of poverty and struggling as they ignore government and trade on the free market in real cryptocurrencies like Dash to survive and put food on their tables.
Maduro is famous for coming up with ridiculous plans to save the economy. Ridiculous may just be an understatement. Giving everyone pet rabbits to eat is obviously beyond ridiculous. Meanwhile, the public once again ignores government and puts bows on the rabbits, treating them as pets. There is clearly a free market revolution happening in Venezuela and it could actually end very well with the government falling and simply not being replaced by anything. This is the dream of many in Venezuela after years of MASSIVE government and complete monetary destruction as the Venezuelan Bolivar reaches MILLIONS of percentage points in inflation.
All fiat currencies fail! Time to decentralize everything and join the free market revolution/evolution as the government desperately attempts to stay relevant.

Stay tuned for more from WAM!

Video edited by Josh Sigurdson

Featuring:
Josh Sigurdson
John Sneisen

Graphics by Bryan Foerster and Josh Sigurdson

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World Alternative Media
2018

“Find the truth, be the change!”

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11 Comments

  • Mrbluesky
    Reply

    What can you say, the majority of Venezuelans voted the socialist shit show in and now they can’t get out without having to “deal” with said socialists.

  • magnus4g63
    Reply

    I remember reading a book called “the bible” in it the state is called “satan” … but it is EXACTLY the same thing … in another book i have that says “history” on the back you can read all about what happens when satan, i mean “the state” does its thing …

  • makonaima1
    Reply

    You ignorant complacent fucks. Everyone INCLUDING YOUR ALLIES ARE GONNA DUMP THE DOLLAR, because you turned it into A WEAPON.

  • sunwarz
    Reply

    They have one of the largest gold reserves in the ground there in the world, why doesn’t he back his currency with gold instead of oil crypto or plastic?

  • makonaima1
    Reply

    what is the us fiat dollar backed by ???? FORT KNOX IS EMPTY. AND CHINA OWNS ALL YOUR DEBT……….MEANING YOU. NO SANE PERSON IN THE WORLD TRUSTS YOU OR YOUR GOVT, BTT WAIT………YOUR KARMA APPROACHES.

  • driverx 36158
    Reply

    Kids are taught in school that the problem is the solution so when they become adults they are part of the right left paradym of centralized prostitution.

  • driverx 36158
    Reply

    Give free cocaine to crypto programmers to arrange selling oil for bitcoin . But the president will still keep all the bitcoin for himself so what is the use ?

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