Exciting new socialist cryptocurrency proving roughly as successful as you'd expect.https://www.reuters.com/article/us-cryptocurrency-venezuela-specialrepor/special-report-in-venezuela-new-cryptocurrency-is-nowhere-to-be-found-idUSKCN1LF15U …
-
Show this thread
-
... Someone had to try and create the world's first hyperinflationary cryptocurrency, I guess.
2 replies 3 retweets 29 likesShow this thread -
... It looks as if the big (implicit) idea with the Petro is to automatically de-incentivize development of the country's hydro-carbon reserves. ...
1 reply 0 retweets 12 likesShow this thread -
... Rather than selling oil, you leave it in the ground as "backing" for a digital currency. A scam coin clearly wasn't destructive enough for these guys.
2 replies 0 retweets 16 likesShow this thread -
-
Replying to @tomdupresh
If I'd gone longer on those furry doge-bucks I'd be buying Venezuela outright about now.
1 reply 0 retweets 5 likes
To be fair when Venezuela goes through the next stage into privatised gangster state there will be bargains galore. Being a midranking PSUV member with foreign currency is a great shout right now
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.