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RE: Venezuela to create Oil-back National Cryptocurrency "the Petro"

in #news7 years ago

They aren't interested in helping people, actually they are doing the opposite.

The only goal of this "Petro" coin is to overcome sanctions imposed by the Treasury Dept. The president, VP and other high level govt members have been added to OFAC list, so their USD accounts have been frozen and they can't move their money without being traced.