An oil-backed cryptocurrency? Introducing Venezuela’s ‘Petro’ » Brave New Coin

An oil-backed cryptocurrency? Introducing Venezuela’s ‘Petro’ » Brave New Coin
An oil-backed cryptocurrency? Introducing Venezuela’s ‘Petro’ » Brave New Coin
On December 3, 2017, Venezuelan president Nicolas Maduro announced plans to create a national cryptocurrency called the ‘Petro’ that will be backed by the country’s natural resources, most notably its…

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An oil-backed cryptocurrency? Introducing Venezuela’s ‘Petro’ » Brave New Coin