Venezuela will hold pre-sale of the new "petro" cryptocurrenty on February 20

Venezuela will hold pre-sale of the new “petro” cryptocurrenty on February 20

Wednesday, January 31st 2018 - 22:51 UTC

Full article 2 comments

A “pre-sale” of Venezuela’s new ‘petro’ cryptocurrency will begin on February 20, President Nicolas Maduro said on Tuesday, a move that the government hopes will help pull the country out of a dire economic crisis. Read full article

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Chicureo
The International Monetary Fund (IMF) projects 2018 the year Venezuela reaches 13,000% inflation. Half of its economy has vanished as it approaches a third annual double digit contraction. This ruse will result in an additional disaster for Maduro.
I feel so sad for the people there.
Feb 01st, 2018 - 12:45 am - Link - Report abuse 0
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Jack Bauer
It will become known as ”craptocurrency'.....only as good as the crap that backs it.
Feb 01st, 2018 - 07:17 pm - Link - Report abuse 0
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