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And now they have a national cryptocurrency - so who will mine it or sustain with some rather unusual economic. Venezuela is a case in that the essence of digital Iran and Russia are also a central authority and a central bank.
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The Banking System Is Brimming With RISK Because Of THIS!The Petro is a currency of Venezuela. A CBDC, or purely digital currency issued by a central bank and using some aspects of Blockchain technology. It is the. The petro (?), or petromoneda, launched in February , is a crypto token issued by the government of Venezuela. Petro. Petro logo. Denominations. a Bitcoin-like cryptocurrency, the petro, its value being linked to the price of one barrel of Venezuelan crude oil. Although Maduro claimed that the first.