When it comes to currencies, Venezuela has a long history of producing junk. Here's why the regime's plan to issue one backed by oil, gas, gold and diamonds is doomed to fail, which is regrettable, because it will give the idea of a commodity-backed cryptocurrency a bad name.
Maduro's 'Petro' Cryptocurrency Will Join Chavez's Bolivar Fuerte In the Graveyard
Forbes - 6 Dec 2017 18:29
When it comes to currencies, Venezuela has a long history of producing junk. Here's why the regime's plan to issue one backed by oil, gas, gold and diamonds is doomed to fail, which is regrettable, because it will give the idea of a commodity-backed cryptocurrency a bad name.
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