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RE: Bolivar Collapses, Government Ties Currency to Cryptocurrency

in #trading6 years ago (edited)

Interesting post, but it needs update. Maduro's announces were on Agoust 17th and mostly of them are ruling since September 1st.

Petro is not actually a crypto. In fact the tie to the bolivar soberano is as unit of account, because the petro is not in any exchange.

The government which usually lies in publics interventions, had said that the ICO was a success, but had not show the money.

Also, an government official admited to Reuters that the petro has not been negocieted at all.

https://www.google.com/amp/s/mobile.reuters.com/article/amp/idUSKCN1LF15U