RE: Venezuela's New Crypto Currency Backed By Oil Or Oil Future Or Something Else, & Will The Military Industrial Complex Sit Silent?

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Venezuela's New Crypto Currency Backed By Oil Or Oil Future Or Something Else, & Will The Military Industrial Complex Sit Silent?

in news •  7 years ago 
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yea an interesting state intervention, wonder how it will play out and what we think of it 5-10 years from now

yup, anyone interested in Venezuela 9especially from the US) should know that US sanctions against Maduro will only make the situation worse for the common people (independent from ideological position). The oppsotion against Maduro has fucked up royally mobilizing sanctions without measuring the effects that it will have on those who don't have the option to migarte or don't want to. Sanctiosn will only help starvation, isolation and violence. Grim times for Venezuela. Building solidarity through crypto sounds utopian at this point but would be cool if it works out

yep, hopefully the market soon stabilize!!