The Venezuelan “Petro” – Towards A New World Reserve Currency?

As this article goes to print, Globovision TV quotes Venezuelan President Nicolas Maduro announcing the launch of a new cryptocurrency, the “Petro Oro”. It will be backed by precious metals. The launch of the new cryptomoney is scheduled for the next week. No details of the new offering are available at this point. “I do not want to rush things,[Read More...]
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