Petro Archive
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Venezuelan residents see fresh sales pitch for state-run crypto Petro from president Maduro as he announces new bonus plan
By satoshi
October 19, 2018
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Who says you can’t have a stablecoin backed by Ether and pegged to the Japanese Yen?
By satoshi
October 19, 2018
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Based on findings from the International Monetary Fund (IMF), the annual inflation rate for Venezuela could reach as high as 1.37 million percent by the end …
By satoshi
October 14, 2018
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Starting next week, Venezuelans will have to pay their passport fees with the petro, the controversial state-supported cryptocurrency that is allegedly backed by oil. This was …
By satoshi
October 9, 2018
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New Venezuelan passports to cost 2 petros — four times the national monthly minimum wage
By satoshi
October 7, 2018
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The Bank of America sees a $7 billion future for blockchain, while Venezuela may finally launch the Petro in November
By satoshi
October 7, 2018
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With the Petro now officially launched, the public sale of the state-backed cryptocurrency will begin early next month. In a televised address on October 1 during …
By satoshi
October 4, 2018
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Ethereum developer points out that Petro white paper has copied an image from Dash’s GitHub repository, among other similarities
By satoshi
October 4, 2018
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Venezuela’s oil-backed cryptocurrency Petro (PTR) appears to be a “blatant” copy of Dash, as it has the same mining algorithm, similar features, and a part of …
By satoshi
October 3, 2018
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Petro will be officially sold starting in November, Maduro claims, stating the coin is about to appear in major crypto exchanges
By satoshi
October 2, 2018
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As the economic crisis in Venezuela worsens leading to a growing exodus of citizens out of the country, the demand for bitcoin and other cryptocurrencies has …
By satoshi
October 1, 2018
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The Petro is soon to be traded on an international level, according to Venezuela’s president, who has ignored alarming reports on the existence of the coin
By satoshi
September 21, 2018
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Venezuela’s national oil-backed cryptocurrency, the Petro, has been scathingly denounced by local experts as an opaque “stunt” backed by a centralized and debt-saddled entity
By satoshi
August 22, 2018
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Venezuelan President Nicolás Maduro announced this that the Petro, an oil-backed cryptocurrency that the country launched to work around sanctions in February, will become an official …
By satoshi
August 17, 2018
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Venezuela is reportedly looking to lunch a central bank for cryptocurrencies, as the country’s National Constituent Assembly is preparing to reform the Venezuelan Constitution to include …
By satoshi
August 15, 2018
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Venezuelan President Nicolás Maduro has announced that the Petro will be used as a unit of account in the country for salaries as well as goods …
By satoshi
August 15, 2018
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Brookings Institute analysts recently argued that Venezuela’s oil-backed cryptocurrency, the Petro (PTR), is likelier to harm legitimate cryptocurrencies like Bitcoin and Ethereum, than it is o …
By satoshi
March 14, 2018
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Venezuelan President Nicolás Maduro claimed the pre-sale of the country’s oil-backed cryptocurrency, the Petro (PTR), has raised $5 billion and recorded over 186,000 certified purchases, according …
By satoshi
March 10, 2018
