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Venezuelan President Nicolas Maduro Announces Launch of Country’s ‘Petro’ Cryptocurrency, Availability Date
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Pretty much a fake crypto, run by people who have proven again and again they don't know how to handle financial matters.
Maybe, in the meantime, it will be interesting to see this first crypto approved by a central power!
Well, anything coming from Maduro will be a centralised coin, right? Or even a fake coin to get money from ppl...
Maybe but a great experiment to bypass the international sanctions and the first one of this kind.
Did they announce when we’ll be able to short it? LOL 🤣
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I find interesting this project despite the socialism and dictator of this country.
Yeah I like the idea of a commodity-backed crypto but I struggle to see if becoming decentralized. Centralized in the hands of Maduro is like announcing the “Bolivar 2.0” 😏
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I agree with you on that point. ;)