Reuters: Venezuela’s Petro Has No Users, No Investors and No Oil to Back It Up

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Reuters: Venezuela’s Petro Has No Users, No Investors and No Oil to Back It UpThe petro has stirred up a lot of debate among the cryptocurrency community, with some people who believe it is a successful example of using the technology to create resource-backed assets and bypassing financial sanctions, while others see it as a scam by a corrupt government that already inflicted economic calamities, such as hyperinflation, against […]

The post Reuters: Venezuela’s Petro Has No Users, No Investors and No Oil to Back It Up appeared first on Bitcoin News.

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