Author Topic: Time for some democracy in Venezuela?  (Read 32 times)

Return of the Mac

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Time for some democracy in Venezuela?
« on: December 04, 2017, 12:46:46 AM »
https://www.rt.com/business/411819-venezuela-launch-petro-cryptocurrency/

Nice to see the US$ being dumped...small steps at first but this is the future.

New World

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Re: Time for some democracy in Venezuela?
« Reply #1 on: December 04, 2017, 09:44:44 AM »
If the dollar gets dumped globally, they'll be a war, and not a little one.

plandalet

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Re: Time for some democracy in Venezuela?
« Reply #2 on: December 04, 2017, 12:30:14 PM »
https://www.rt.com/business/411819-venezuela-launch-petro-cryptocurrency/

Nice to see the US$ being dumped...small steps at first but this is the future.

I don't think Maduro understands what constitutes a crypto-currency. His proposal is just a bog standard currency backed by commodities. I doubt anyone is going to pay it much attention.