Venezuela Starts Converting Pensioners’ Payments to Crypto ‘Petro’: Report

Venezuela Starts Converting Pensioners’ Payments to Crypto ‘Petro’: Report


The government of Venezuela has reportedly started converting pensioners’ monthly payments from the country’s fiat currency, the bolivar, to its oil-backed cryptocurrency Petro, without giving them a choice. According to the Caracas Chronicles, a politics and economics-focused website based in Venezuela, the country’s pensioners are notified every time their monthly payments arrive, but this time

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Posted by Francisco Memoria on December 14, 2018 @ https://www.ccn.com/venezuela-starts-converting-pensioners-payments-to-crypto-petro-report/

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