//Venezuela's New Cryptocurrency Will be Held to an “Oil Standard”

Venezuela's New Cryptocurrency Will be Held to an “Oil Standard”



Earlier this month, President of Venezuela Nicolas Maduro announced his plans to launch a nationwide cryptocurrency called the “Petro” in a televised Christmas stream to the country. Venezuela is another company crippled by socialism. Their citizens are starving. Their currency is one of the most …

Source: Venezuela’s New Cryptocurrency Will be Held to an “Oil Standard”