The Petro Probably Doesn’t Exist, Nor the Oil Reserves Backing It: Report


A month after Venezuelan president Nicholas Maduro announced the creation of the Petro, a state-backed cryptocurrency that would supposedly bring the country out of six-figure hyperinflation, the only place the Petro seems to exist is in the media. A Reuters special report recently documented the situation in the oil-rich savanna region around the town of Atapirire,

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Posted by David Hundeyin on September 2, 2018 @ https://www.ccn.com/the-petro-probably-doesnt-exist-nor-the-oil-reserves-backing-it-report/

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