Penguin: Venezuela Offers Petro-Backed Crypto Currency
Venezuela aims for crypto alchemy with new ‘petro gold’ token Maduro is hoping cryptocurrencies will help Venezuela skirt U.S. financial sanctions as it struggles under hyperinflation and a collapsing socialist economy. Phi Beta Iota: Sanctions are going to die in next decade. Ecuador particularly and UNASUR generally, should be looking at three things: nationalizing all …
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