RE: Venezuela Launching a "Petro-Gold" backed Crypto! Addicted to Crypto Much?

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Venezuela Launching a "Petro-Gold" backed Crypto! Addicted to Crypto Much?

in cryptocurrency •  7 years ago 

Dont worry, Petro or Petro Gold will not function as a crypto but as a bond for national debt.

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Thanks for mentioning that. I was thinking that but forgot to mention it in ththe video. It’s completely centralized so a lot of people who think they’re buying decentralized crypto are basically buying government bonds.

Upvoted for useful info!