Litecoin max keiser

Litecoin max keiser

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The petro, or petromoneda, launched in February 2018, is a cryptocurrency developed by the government of Venezuela. Venezuelan President Nicolás Maduro announced the petro in a televised address on 3 December 2017, stating that it would be backed by Venezuela’s reserves of oil, gasoline, gold, and diamonds. Maduro stated that the petro would allow Venezuela to “advance in issues of monetary sovereignty”, and that it would make “new forms of international financing” available to the country. It also established a cryptocurrency government advisory group called VIBE to act as “an institutional, political and legal base” from which to launch the petro. 7 billion worth of petros offered to the public a month later, with the remainder “shared between the government and VIBE”. The petro’s pre-sale started on Feb.