Venezuela prepares GOLD backed crypto after Petro sale

in #venezuela8 years ago

The petro presale raised $735 million! But why stop at oil backed cryptocurrency?

https://cryptovest.com/news/venezuela-preps-gold-backed-cryptocurrency-in-petro-wake/

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What do you guys think of physical asset backed cryptos? will we see many new ones popping up in resource rich countries that have unstable currencies?

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