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RE: Venezuela Will Back Its Cryptocurrency With 5 Billion Barrels Of Oil, Gold Deposits

in #bitcoin6 years ago

This is certainly an interesting development on the part of Venezuela. Perhaps this is their way of demonetizing their currency (does Zimbabwe ring any bells?) without officially demonetizing. I would not be surprised to see them exhibit more governmental favorably towards PetroCoin. Definitely something to keep an eye on as it progresses.

You know, speaking of Zimbabwe, they seem like a good opportunity/case study to develop common/normalized usage of cryptocurrencies in its citizens'daily lives.

Anyways, when will CoinMarketCap.com list it and how soon can we begin trading for them on Binance/Bittrex?

I wonder what @xondra would have to say on this matter. Would love to hear her opinion. Since @Xondra's got boots on the ground, maybe she knows the full story.

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Thanks for your valuable reply. Waiting for listing.