Pensioners from the National Oil Company receive 2 petros in Venezuela as a gift -

The pensioners of the state oil company Venezuela, PDVSA, has received a Christmas bonus in Petros (PTR), the first national cryptocurrency, which has already been introduced in 2018. The petro, which is supported by Venezuelan oil and other resources, can be traded on local stock exchanges so that these pensioners receive access to Fiat currency, since the range of the currency is still limited as a medium of exchange according to local reports.

Venezolan pensioners get 2 petros

A group of Venezuelan pensioners who belong to the state oil company PDVSA, received A bonus paid in Petro (PTR), Venezuela's national cryptocurrency, which was introduced in 2018. The pensioners receive this bonus as a Christmas present via the Motherland platform, on which they can manage the two Petro (worth around $ 120) on 23.12.

The pensioners who are to receive this bonus are notified via the platform so that they can pull their two PTR out of it. Although the Petro is very active in national exchange, its range as a medium is currently very limited, since many pensioners have stated that they intend to exchange them to buy goods and pay services.

The history and price movements of the Petro

The Petro was launched in 2018 and was the first state-supported cryptocurrency network, years before El Salvador Bitcoin introduced ( btc ) as a legal means of payment. Originally, the Petro should keep a stable price of $ 60, supported by a basket with oil and other resources available in Venezuela. However, the market did not accept this very well and acted a fraction of the intended price due to the limited use of the currency.

This trend recently turned up when Petro reached record prices on the national stock exchanges. The local cryptocurrency portal Morocco The crypto asset was traded on some exchanges for more than $ 50 and in some cases achieved $ 56. This is not the first time that the Venezuelan government in December uses Petro to grant Venezuelan citizens bonuses.

In fact, the government did the same two years ago in 2019. give half a petroleum unit (30 dollar) to all pensioners and government as a Christmas gift. On this occasion, the government distributed payments in Petros through the POS systems of state-owned banks so that workers could use them more easily and dealers were able to automatically exchange the petros in Fiat currency.

What do you think of paying pensioners in Venezuela with the Petro? Tell us in the comment area below.

sergio goschenko

sergio is a cryptocurrency journalist based in Venezuela. He described himself as late at the game and entered the cryptosphere when the price increase took place in December 2017. With a background in computer technology that lives in Venezuela and is affected by the cryptocurrency boom at the social level, it offers a different view of the crypto success and how it helps the non-banks and under-sector.

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