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Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Bloc10Fintech on August 31, 2018, 02:45:41 PM

Title: Venezuela’s new cryptocurrency doesn’t seem to exist
Post by: Bloc10Fintech on August 31, 2018, 02:45:41 PM
Thoughts?

"Venezuelan president Nicolás Maduro claims that sales of the petro, the supposedly oil-reserve-backed national cryptocurrency he launched in February, have already raised $3.3 billion, and that the coin is being used to pay for imports. But an investigation by Reuters has found no evidence to back those claims—or that the petro is even a functional cryptocurrency."

https://www.technologyreview.com/the-download/611975/venezuelas-new-cryptocurrency-doesnt-seem-to-exist/