You are viewing a single comment's thread from:

RE: Venezuela Petro Cryptocurrency To Be Launched Within Days, President Maduro Announces

in #blockchain7 years ago

Here we call it CADIVI 3.0 and money laundering 3.0, because it looks like the same scheme that the government uses to limit access to dollars and benefit only a small group. It is not unknown to anyone that many senior government officials , have strong international sanctions that prevent them from conducting negotiations or handling in dollars. The Petro seems to be just a mechanism to evade these sanctions and nothing more