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RE: Venezuela Will Back Its Cryptocurrency With 5 Billion Barrels Of Oil, Gold Deposits
I have read the news.Its great that Venezuela will back Its Cryptocurrency With 5 Billion barrels Of Oil, Gold Deposits. Clapping for the Venezuelan president. Because The governments creates a new currency instated cryptocurrency. ...But It only for internal may be. Thank you sir for sharing the news. I want to earn money with bitcoin. And always thanks to you because by your post I am learning about cryptocurrency more and more.
This is certainly an interesting development on the part of Venezuela. Perhaps this is their way of demonetizing their currency (does Zimbabwe ring any bells?) without officially demonetizing. I would not be surprised to see them exhibit more governmental favorably towards PetroCoin. Definitely something to keep an eye on as it progresses.
You know, speaking of Zimbabwe, they seem like a good opportunity/case study to develop common/normalized usage of cryptocurrencies in its citizens'daily lives.
Anyways, when will CoinMarketCap.com list it and how soon can we begin trading for them on Binance/Bittrex?
I wonder what @xondra would have to say on this matter. Would love to hear her opinion. Since @Xondra's got boots on the ground, maybe she knows the full story.
Thanks for your valuable reply. Waiting for listing.