User avatar
Vladar49
Silver Bitcoiner
Silver Bitcoiner
Posts: 1215
Joined: Tue Nov 28, 2017 11:26 pm

Government-Backed Cryptocurrency in Venezuela: An Innovation or a Fake?

Wed Jan 10, 2018 7:22 pm

Venezuela plans on issuing a government-backed cryptocurrency called “petro”. The currency will be the first digital money actually backed by resources such as gold, oil, gas or diamonds.

The idea seems quite interesting and new, however, the community is mostly sceptical towards it. First of all, because the very existence of a government-backed cryptocurrency is contradictory to the idea of digital money - a free, decentralized and uncontrolled system.

Read more on Coinidol: https://coinidol.com/government-backed- ... n-or-fake/

Image

Return to “Press”

Who is online

Users browsing this forum: No registered users and 7 guests