Venezuela president, Nicolas Maduro announced on Dec 4,2017 a launch of their own bitcoin backed up by oil,gas,gold. The Name of the currency is pretromoneda or has short "petro". He announced this on his weekly national Tv program Sunday with Maduro, by doing this he consider himself welcoming himself to the 21st century.This is a big surprise since Venezuela has been dealing with a real bad economic crisis for a good while. This launch may be able to fix Venezuela economic crisis and it would be something new from a developing country. This is the goal of this launch.
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