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Anonymous 12/04/17 (Mon) 18:59:19 No.72100
Goodbye Dollar, Hello 'Petro': Venezuela's Maduro Announces New Digital Currency
https://www.telesurtv.net/english/news/Goodbye-Dollar-Hello-Petro-Venezuelas-Maduro-Announces-New-Digital-Currency-20171203-0017.html
Anonymous 12/04/17 (Mon) 20:01:17 No.72102
File: 57c4cdab5f0c3fb⋯.mp4 (337.97 KB, 506x360, 253:180, Top Biscuit-tzULVY54fvc.mp4)
>>72100
>that shit eating grin on his face
OH LAWDY, spare my sides from what is about to be.
Anonymous 12/04/17 (Mon) 23:12:08 No.72109
>The digital currency – called the “petro” – will be backed by Venezuelan reserves of gold, oil, gas, and diamonds,
it's already worth more than the USD
Anonymous 12/05/17 (Tue) 10:15:04 No.72115
>>72109
First anyone has to trust them they'll really redeem you in any of those. Not to mention all those vary in prices. Are you going to trade with someone who's been nationalizing private property for decades? Except for small black market deals that is. The economy as it could be will never again flourish as long as they've go the gommies in power.
Anonymous 12/05/17 (Tue) 10:23:23 No.72117
>>72115
Also, since it's government currency it will probably attempt to track and end all black market activity. If your choice is between using a potentially shitty currency that might not purchase you anything or not starving to death, you'll stay with bitcoin or cash.
Anonymous 12/11/17 (Mon) 08:19:12 No.72428
File: eb6a11873503cc7⋯.jpg (33.14 KB, 219x260, 219:260, cokeofduty.jpg)
>adopting a digital currency for an economy that's currently experiencing a seizure bigger than any granddad in a retirement home, in the form of the oil curse
Talk about putting bandages on a leaking laceration.