'No Sign of the Petro Here': Mystery and Confusion Besets Venezuela's Crypto 'Revolution'
Cointelegraph
Published Aug 30, 2018 05:00PM ET
Updated Aug 30, 2018 05:21PM ET
'No Sign of the Petro Here': Mystery and Confusion Besets Venezuela's Crypto 'Revolution'
Reuters has today, August 30, published an investigative report into Venezuela’s national oil-backed cryptocurrency, the Petro (PTR), attempting to square government claims with facts on the ground and evidence of the Petro’s transaction history to date.
Reuters dispatched reporters to the central Venezuelan hamlet of Atapirire, which sits at the heart of the 380-square-kilometer territory that the president has said can provide the 5 billion barrels of petroleum needed to back the new cryptocurrency.
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Written By: Cointelegraph
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