"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
Venezuela Hopes That Its Oil-Backed Crypto-Currency Will Fly
Submitted by A. Magnus on Wed, 2018-02-21 01:00
"More than two months after Venezuelan President Nicolas Maduro announced his intention to launch the world's first state-sponsored cryptocurrency to try and help Venezuela raise some badly needed foreign capital, the Petro - backed by 5 billion barrels of oil that are still waiting to be pumped out of a local oilfield - is now a reality. Venezuela first tipped its hand at its intentions over the summer, when it appointed what we believe to be the world's first "superintendent of cryptocurrency.""
0
Your rating: None
- Login to post comments
User Login
Search This Site
Recent comments
-
Fortunately, he now has the money and the influence to not n...16 weeks 2 days ago
-
Look at the timing. They don't want CIA/MI6 funded...16 weeks 4 days ago
-
So that everyone responsible -- and those who would sue or p...22 weeks 4 days ago
-
Hey, don't you know that the word "unprecedented...24 weeks 3 days ago
-
Reminiscent of Cuba.24 weeks 5 days ago
-
MUST SEE!!24 weeks 6 days ago
-
The first link is to a video; the second is to United States...24 weeks 6 days ago
-
http://voluntaryist.com/uncategorized/on-the-ownership-of-id...32 weeks 3 days ago
-
Yah but the federal govt can't mandate it for us. The states...35 weeks 1 day ago
-
Interesting, still-relevant article. IOW, this happene...39 weeks 5 days ago
more