August 16, 2018 BY Mariela Naydenova

Venezuela - no water, no food, but with the Petro - the oil-backed official cryptocurrency

Venezuela is struggling very hard at the moment, experiencing both economic and political meltdowns. Amidst a crisis that is "living" among Venezuelans in so many ways, including their daily and social lives, the Venezuelan government has introduced its second official cryptocurrency, in addition to the bolivar fuerte, the petro - an oil-backed cryptocurrency. While Venezuela…

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