xtinepink Posted July 27, 2018 #1 Posted July 27, 2018 According to the Venezuela’s President, Nicolas Maduro, the country is set to launch a new fiat currency pegged to its oil-backed “petro” cryptocurrency next month of this year. It was reported on their local news Telesur, the crypto fiat is named as Bolivar Soberano (Sovereign Bolivar). President Maduro quoted “The economic reconversion will start on August 20 definitively with the circulation and issuance of the new Sovereign Bolivar, the new monetary cone that is going to have a new method of anchoring the petro.” What are your thoughts? source: https://www.ccn.com/venezuela-to-launch-petro-pegged-fiat-currency-next-month/amp/
Kate Posted July 27, 2018 #2 Posted July 27, 2018 Noice it recently released the petro coin backed up by gold like last month I guess
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