Venezuela’s Petro cryptocurrency is backed by oil and now available
 

https://c.slashgear.com/wp-content/u...ay-605x383.jpgVenezuela is tackling its economic woes by launching its own cryptocurrency called “Petro.” The country claims this is the first sovereign cryptocurrency, and it’s backed by the nation’s crude oil reserves. The digital money is available now; there are plans to sell 100 million Petros total with an initial value matching the price of a barrel of Venezuelan crude oil: … Continue readinghttp://feeds.feedburner.com/~r/slashgear/~4/AMhDRdvsV-s

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