RE: $6 Billion Oil-Backed Cryptocurrency: Venezuela’s President Orders Issue of 100 Million Petros

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$6 Billion Oil-Backed Cryptocurrency: Venezuela’s President Orders Issue of 100 Million Petros

in cryptocurrency •  7 years ago 

If venezuelan government is unable to create credible monetary policy and there is no trust in their fiat, why would anyone believe in their cryptocurrency? They should just reduce printing their fiat and inflation will drop.

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