RE: Venezuela to create Oil-back National Cryptocurrency "the Petro"

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Venezuela to create Oil-back National Cryptocurrency "the Petro"

in news •  7 years ago 

How would you be able to verify that the assets that back up currency actually exist? Trust? Seems sketchy... If they wanted to look out for the best interest of the populous, they should have just recommended switching to an existing decentralized cryptocurrency.

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