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Petro gold

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The petro gold is a gold-backed cryptocurrency announced in a televised speech given by Venezuelan President Nicolás Maduro on February 21, 2018.[1] It was not clear whether the gold backing the tokens would be actual gold reserves or some kind of share of the country's untapped mineral wealth.[2][3]

See also[edit | edit source]

References[edit | edit source]

  1. Venezuela to Launch Second Cryptocurrency: 'Petro Gold', Caracas: teleSUR, 22 February 2018, retrieved 2018-02-23
  2. Brian Ellsworth, Ana Isabel Martinez (February 21, 2018), Venezuela aims for crypto alchemy with new 'petro gold' token, ReutersCS1 maint: Uses authors parameter (link)
  3. David Gilbert (February 22, 2018), "Venezuela is launching yet another cryptocurrency to save the economy", Vice News


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