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Bitcoin Forum > Alternate cryptocurrencies > Speculation (Altcoins) > PETRO-- The Venezuelan Gov't is asking for our help!!! BUY?!?!?!
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Mikaelxiong (OP)
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December 30, 2017, 04:11:42 AM
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Venezuelan president Nicolas Maduro has announced a new cryptocurrency amid an economic crisis and a plunge in the value of the bolivar, the country's national currency.

According to Reuters, Maduro made the announcement during a Christmas television special, stating that the as-yet-to-be-launched cryptocurrency would be backed by commodity reserves, including oil.

From Coindesk... Link to article below

https://www.coindesk.com/venezuelan-president-announces-petro-oil-backed-cryptocurrency/
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