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Bloc10Fintech
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 13
Joined: Thu Aug 23, 2018 4:18 pm

Venezuela’s new cryptocurrency doesn’t seem to exist

Fri Aug 31, 2018 2:51 pm

Thoughts?

"Venezuelan president Nicolás Maduro claims that sales of the petro, the supposedly oil-reserve-backed national cryptocurrency he launched in February, have already raised $3.3 billion, and that the coin is being used to pay for imports. But an investigation by Reuters has found no evidence to back those claims—or that the petro is even a functional cryptocurrency."

https://www.technologyreview.com/the-do ... -to-exist/

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