The Road to Serfdom, By Example Of Venezuela
Once government intervention came into the picture, the country slowly started to go off the rails. When we look back, Venezuela’s…
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About Venezuela’s Oil-Backed Cryptocurrency: It’s Not Convertible It’s Really Just Pure Fraud
“If it can’t be directly converted into the underlying commodity at a transparent published conversion rate, it’s not backed by anything…”
Continue readingVenezuela Is Launching ‘El Petro Oro’: A GOLD-BACKED Cryptocurrency Cousin Of The Oil-Backed ‘El Petro’
“I have a surprise that I will launch next week, the Petro Oro [gold], backed by gold, even more powerful.”
Continue readingMove Over Bitcoin: Venezuela’s ‘Petro’ Is Sovereign AND Backed By Oil
El Petro is officially born. Here’s the details…
Continue readingVenezuela’s Gold-Backed Cryptocurrency Is Taking Shape Amidst The Collapse And The Sanctions
The world laughed at and then disregarded the announcement earlier this month, but now, it’s getting serious. Here’s the latest developments on the ‘Petro’…
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