Posts Tagged ‘petro’

Venezuela bitcoint petro

Beginning Monday, authorities are rolling out a replacement for the apparently unironically named “strong” bolivar, swapping it out for a “sovereign” bolivar that will be pegged to the government’s proposed cryptocurrency, the petro. In the process they are devaluing Venezuela’s physical currency more than 95 percent and radically weakening its exchange rate

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More on bitcoin in this IMS blog
http://blog.stcloudstate.edu/ims?s=bitcoin