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I've written about this twice now. No one in the oil/gas industry is buying (no pun intended) the idea that Venezuela's Petro is anything but a sham. I mean fo

I've written about this twice now. No one in the oil/gas industry is buying (no pun intended) the idea that Venezuela's Petro is anything but a sham. I mean for crying outloud it's a commodity-backed cryptocoin on a private chain run by a country. How is that anything near the definition of a true cryptocurrency?

AstralStorm 8y ago
It is actually a crypto future on top of weak economy. Not really a currency. Essentially they tied their currency value to fast junk bonds. Good Job /s